For sale

$150,000

1180 Russwood Rd, Memphis, TN 38122

2beds

891sqft

$1,095/mo

Get pre-qualified

Single Family Residence

Built in 1953

10,018 Square Feet Lot

$142,400 Zestimate^®

$168/sqft

$-- HOA

What's special

Beautiful patio

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.

28 days
153
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Kitchen

Features: Washer/Dryer Connections, W/D Connection in Kitchen

Living room

Features: Separate Living Room

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Vinyl
Has fireplace: No

Interior area

Total interior livable area: 891 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad, Garage Faces Front
Has garage: Yes
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch, Covered Patio
Pool features: None

Lot

Size: 10,018 Square Feet
Dimensions: 75 x 110
Features: Level

Details

Parcel number: 053111 00022

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood/Composition

Condition

New construction: No
Year built: 1953

Community & HOA

Community

Subdivision: Rendale

Location

Region: Memphis

Financial & listing details

Price per square foot: $168/sqft
Tax assessed value: $119,200
Annual tax amount: $1,571
Price range: $150K - $150K
Date on market: 8/25/2026
Cumulative days on market: 29 days

Estimated market value

$142,400

$135,000 - $150,000

$992/mo

Price history

Date	Event	Price
8/25/2026	Listed for sale	$150,000+0.1%$168/sqft
Source: MAAR #10229080 Report a problem
4/11/2022	Sold	$149,900$168/sqft
Source: MAAR #10116851 Report a problem
2/2/2022	Pending sale	$149,900$168/sqft
Source: MAAR #10116851 Report a problem
2/2/2022	Listed for sale	$149,900+149.8%$168/sqft
Source: MAAR #10116851 Report a problem
9/14/2021	Sold	$60,000-4.8%$67/sqft
Source: Public Record Report a problem
2/10/2003	Sold	$63,000+79.3%$71/sqft
Source: Public Record Report a problem
1/17/2002	Sold	$35,130$39/sqft
Source: Public Record Report a problem
10/9/2001	Sold	$35,130-29.1%$39/sqft
Source: Public Record Report a problem
3/7/1996	Sold	$49,576$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,571 +73.8%	$29,800 +117.1%
2024	$904 +8.1%	$13,725
2023	$836	$13,725
2022	--	$13,725
2021	--	$13,725 +33.6%
2020	$328	$10,275
2019	$328 -21.1%	$10,275
2018	$416 -45.1%	$10,275
2017	$758 +113%	$10,275 -1.9%
2016	$356 -19.7%	$10,475
2014	$443	$10,475
2013	--	$10,475 -24.6%
2012	--	$13,900
2011	--	$13,900
2010	--	$13,900
2009	--	$13,900 -6.2%
2008	--	$14,825
2007	--	$14,825
2006	--	$14,825
2005	--	$14,825 +8.2%
2004	--	$13,700
2003	--	$13,700
2002	--	$13,700
2001	--	$13,700 +20.4%
2000	--	$11,375