Address
1180 Russwood Rd, Memphis, TN
Price
$ 150,000
Property Attributes
  • MLS#10229080
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaBerclair
  • NeighborhoodRENDALE
  • Zip38122
  • StyleTraditional
  • Year Built1953
  • Taxes$ 1571
  • Price$ 150,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage891
  • Lot Size0.23 Acres
Data Source:
Memphis MLS (MAAR)
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.

Price History
8/25/2026 Listed $150,000

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name RENDALE
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 753A
Parcel Number 053111 00022
Status Active
Annual City Tax 769
Annual County Tax 802
Sale/Rent For Sale
Area Berclair
Service Type Full Service Listing
Neighborhood Association None
Year Built 1953
Directions From Macon Rd,travel east. Cross Waring Rd,then turn left onto Russwood Rd. The property,1180 Russwood Rd,will be on the right,prior to reaching Jamerson Rd.
City Memphis
DOM 23

Interior Features

Dining Room 0*0
Living Room Separate Living Room,Washer/Dryer Connections,W/D Connection in Kitchen,Vinyl/Luxury Vinyl Floor
Living Room Dimensions 12*10
Beds 2
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 2
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot 20
Lot Size Area 0.23
Lot Size 75X110
Parking Display N1D
Lot Description Level
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad,Front-Load Garage
EXTERIOR/WINDOWS Wood/Composition
Misc. Exterior Porch,Covered Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38122

Price
AVG $180K
$150K
Taxes
AVG $1,632
$1,571
Year Built
AVG 1949
1953
Visits
AVG 130
17
Data Provided by Inside Real Estate®

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