For sale Home

Listed Aug 25, 2026

$140,000 Est. $926/mo

1180 Russwood Road

  • 2

    Beds

  • 1

    Baths

  • 891

    Sq ft

The story

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.

Facts & features

Home type

Home

Year built

1953

Floors

1

Price per sq ft

$157

Parking

1-car garage

Included features

  • Cooling

    Central Air

  • Heating

    Central

  • Flooring

    Vinyl

  • Lot Information

    Level

Mortgage calculator

Estimated monthly payment

$926 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $745
  • Property tax $140
  • Insurance $41

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Reedy & Company, REALTORS

Broker Name

Reedy & Company, REALTORS

Agent

Bradley Puckett