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2 Beds
1 Bath
891 sqft

$140,000

1180 RUSSWOOD RD, Memphis TN, 38122

Price per sqft$157.13
Built in1953
Property size891 sqft
Property typeResidential

Overview

Active

Listed Aug 25, 2026

Updated 9 days ago

Price Improvement! 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.

$931/mo

Est. mortgage payment based on a $140,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10229080

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$769
Tax Frequency
Annually
Association Fee Frequency
Yearly
Garage
Yes
MLS provider logo

Listed by Bradley Puckett with Reedy & Company, REALTORS
Listing Contact: 901-604-6338 

The IDX display contains information sourced from the Memphis Area Association of REALTORS® as of 10/8/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.

©2026 Memphis Area Association of REALTORS® all rights reserved.

Data last updated on 10/8/2026 at 4:37 AM UTC

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