Briscoe Ellett III

1180 Russwood Rd

Memphis, TN
$ 150,000 Beds 2 Baths 1 Sq 891
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 150,000
  • City
  • Memphis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Berclair
  • Lot Size
  • 0.23 Acres
  • Zip
  • 38122
  • Sqr Footage
  • 891
  • Year Built
  • 1953
  • Taxes
  • $ 1571
  • Style
  • Traditional
  • MLS#
  • 10229080
Listed By: Reedy & Company, REALTORS
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name RENDALE
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 753A
Parcel Number 053111 00022
Status Active
Annual City Tax 769
Annual County Tax 802
Sale/Rent For Sale
Area Berclair
Service Type Full Service Listing
Neighborhood Association None
Year Built 1953
Directions From Macon Rd,travel east. Cross Waring Rd,then turn left onto Russwood Rd. The property,1180 Russwood Rd,will be on the right,prior to reaching Jamerson Rd.
City Memphis
DOM 30

Interior Features

Dining Room 0*0
Living Room Separate Living Room,Washer/Dryer Connections,W/D Connection in Kitchen,Vinyl/Luxury Vinyl Floor
Living Room Dimensions 12*10
Beds 2
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 2
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot 20
Lot Size Area 0.23
Lot Size 75X110
Parking Display N1D
Lot Description Level
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad,Front-Load Garage
EXTERIOR/WINDOWS Wood/Composition
Misc. Exterior Porch,Covered Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/25/2026 Listed $150,000

Property vs Zip Code Average in 38122

Price
AVG $180K
$150K
Taxes
AVG $1,658
$1,571
Year Built
AVG 1947
1953
Visits
AVG 129
19
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1180 Russwood Rd Memphis, TN is a Single Family Home for sale at $150000 with 891 sqft and a lot size of 0.23 Acres Acre(s). 1180 Russwood Rd Memphis has 2 bedrooms, 1 baths and was built in 1953. The property's zip code is 38122 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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