346 MODDER AVE, Memphis, TN 38109
ARCADIAN HGTS BLK 3 · Shelby County
Key Facts
Description
Investor Special! Excellent investment opportunity in Memphis, TN featuring six single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering value-add potential for investors. 125 E McKellar Ave – Vacant and ideal for an investor or owner-occupant. 2319 Shasta, 1511 McMillan, and 635 E Mallory also in portfolio. Portfolio Option: Purchase all six properties together for a total price of $600,000. This package provides flexibility for renovations, strong rental potential, and an excellent opportunity to build or expand your investment portfolio. photo digitally edited to remove items from front yard. Items in front yard will be removed. Showings available after an accepted offer.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
1959
Stories
1
Living Area
718 sq ft
Lot Size
0.09 acres
Days on Market
174
MLS® Listing#
10210966
Property Features
Cooling
Heating
Flooring
Pool
Parking
Laundry
Patio
Lot Features
Construction
Financial Details
Annual Taxes
$604
Parcel Number
035026 00003
Directions
From I-240 merge onto I-55N/I-69 exit 9 toward Mallory Ave. Keep Right at the fork take Riverside Blvd then right on Modder
Affordability Calculator
$16,000
Estimated monthly payment
$426/mo
Principal $64,000 · Est. interest $89,286 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Memphis, TN
- 74
- Median Days on Market
- 1,432
- Median Sq Ft
- $124
- Median Price / Sq Ft
- 2,906
- Active Listings
- Its price per sq ft is 10% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.
Location
Points of Interest in Memphis, TN
Showing the Memphis area map.
Nearby Schools
Riverview K-8 School
Elementary · 0.2 mi away
Vision Preparatory Charter School
Elementary · 0.3 mi away
Riverview Elementary School
Elementary · 0.3 mi away
G. W. Carver College & Career Academy
Secondary School · 0.6 mi away
Florida Kansas Elementary School
Elementary · 0.9 mi away
A. B. Hill Elementary
Elementary · 1.5 mi away
Aihc School of Biblical Studies
School · 1.8 mi away
Alton Elementary
Elementary · 1.8 mi away
Lincoln Elementary School
Elementary · 2.0 mi away
South Side Middle
School · 2.1 mi away
Ida B Wells Academy
School · 2.3 mi away
Larose Elementary School
Elementary · 2.3 mi away
Circles of Success Learning Academy
School · 2.4 mi away
Freedom Prep
School · 2.4 mi away
Booker T. Washington High School - Memphis
Secondary · 2.6 mi away
Hollis F. Price Middle College
Secondary School · 2.6 mi away
Memphis Delta Preparatory
Elementary · 2.7 mi away
Southwest Success Academy
School · 2.7 mi away
Soulsville Charter School
Secondary · 2.7 mi away
Georgia Ave Elementary School
Elementary · 2.7 mi away
Commute Calculator
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3764 CAMBRIDGE STATION DR 3764, Memphis, TN | $56,290 | 2 | — | 960 |
| 768 AYERS ST, Memphis, TN | $56,500 | 3 | — | 1,372 |
| 356 HEWLETT RD, Memphis, TN | $56,900 | 2 | — | 910 |
| 1014 N DUNLAP ST, Memphis, TN | $58,500 | 2 | — | 1,303 |
| 915 ANNIE PL, Memphis, TN | $59,000 | 3 | — | 1,137 |
| 1271 POPLAR AVE 310, Memphis, TN | $59,000 | 1 | — | 420 |
Moving Cost Estimate
EXIT Agents in Memphis
Listing Courtesy: Epique Realty