1180 Russwood Rd, Memphis, TN 38122
- $150,000
- 2
- BD
- 1
- BA
- List Price
- $150,000
- Status
- ACTIVE
- MLS#
- 10229080
- Bedrooms
- 2
- Bathrooms
- 1
- Lot Size
- 75X110
Property Description
Great investment opportunity in an established Memphis neighborhood. This 4 sided brick home was built in 1951 on a spacious 0.24 acre lot and was fully renovated turnkey in 2022, giving investors a truly ready asset with none of the guesswork. Currently rented for instant cash flow, with rent roll available upon request. Enjoy a beautiful patio, perfect for relaxing evenings, along with a detached shop in the back offering extra storage or workspace. Ideal for any investor seeking a hands off, income producing property. Conveniently located off Macon Rd with easy access to shopping, dining, and commuter routes, supporting long term rental demand and tenant retention. Professional local management is already in place, making this a truly hands off investment from day one.
Additional Information
- Acres
- 0.23
- Annual City Tax
- 769
- Annual County Tax
- 802
- Cooling
- Central
- Exterior
- Porch, Covered Patio
- Exterior Windows
- Wood/Composition
- Floors Ceilings
- Vinyl/Luxury Vinyl Floor
- Heating
- Central
- Legal Subdivision
- Rendale
- Living Dining Kitchen
- Separate Living Room, Washer/Dryer Connections, W/D Connection in Kitchen, Vinyl/Luxury Vinyl Floor
- Lot
- 20
- Lot Description
- Level
- Lot Size
- 75X110
- Neighborhood Amenities
- None
- Parking Storage
- Driveway/Pad, Front-Load Garage
- Stories
- 1
- Style
- Traditional
- Subdivision
- RENDALE
- Subtype
- Detached Single Family
- Year Built
- 1953
Mortgage Calculator
Listing courtesy of Reedy & Company, REALTORS.
Some or all of the listings displayed may not belong to the firm whose website is being visited
Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.