$140,000
 $752 est/mo Sourced by Back At You

1180 Russwood Rd,Memphis, TN 38122

Memphis, TN 38122

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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.

Details

MLS #10229080
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1953
Days On Site38
Listing Provided ByReedy & Company, REALTORS | Bradley Puckett

Features

Bed(s)2
Bath(s) 1 Total
Garage1
Story(s)1
Acreage0.23
Property ViewLevel

Interior

Number Of Rooms5
CoolingCentral
HeatingCentral

Exterior

Lot DescriptionLevel

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38122
AreaBerclair
Subarea753A
Community NameRENDALE
Listing VS Median (in RENDALE)
Price:
$140,000
low | high
Med:
$0
On site:
38
low | high
Med:
Sourced by Back At You

Market Activity 38122

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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38122
AreaBerclair
Subarea753A
Community NameRENDALE
Listing VS Median (in RENDALE)
Price:
$140,000
low | high
Med:
$0
On site:
38
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $105K - $175K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4368 MACON RD Property Photo 1
$160,930
4368 Macon Rd
Memphis, TN 38122
4335 MACON RD Property Photo 1
$164,900
4335 Macon Rd
Memphis, TN 38122
1075 LORRAINE ST Property Photo 1
$160,000
1075 Lorraine St
Memphis, TN 38122
Listing Updated: September 30, 2026 at 12:31:00 PM PDT
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IP: 10.0.10.198
Server: LVD-WEB-8