About This Home

This 2-bedroom, 1-bathroom single family at 1180 RUSSWOOD Rd in Memphis, TN is listed for $140,000 ($157 per sqft). Built in 1953, the home offers 891 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1953
  • 0.23 acre lot

Property Details

1 story
1 full
1-car garage
1953

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$749/mo

20% down · 6.5% · 30 years

Principal$101
Interest$607
Insurance$41

Estimates only. Actual payments may vary.

Location

1180 RUSSWOOD Rd

Memphis, TN 38122

RENDALE

Features & Amenities

Exterior Features

Covered PatioPorch

Property Details

Flooring

Vinyl

Outdoor Features

PorchPatio

Parking

DrivewayGarage

Heating

Central

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1180 RUSSWOOD Rd is listed at $140,000 ($157/sqft). The estimated monthly payment is $749 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 0.23 acre lot. Exterior Features: Covered Patio, Porch.

This property is listed by Bradley Puckett.

BP

Bradley Puckett

Agent at Reedy & Company, REALTORS

Listed by Reedy & Company, REALTORS · Broker phone: (901) 683-4446 · View on Broker Site · Broker website

MLS# 10229080· Source: Memphis Area Association of Realtors®· 65 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1180 RUSSWOOD Rd, Memphis, TN 38122

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