Sold
Last Sold Price
2 beds1,280 sqft
1373 Russwood Rd, Memphis, TN 38108
Single FamilyProperty Type
0.2 acresLot Size
1952Year Built
$65/sq ftPrice per sq ft
1 carParking Spaces

Description

This investment property is rented for $850/mo. Incredible opportunity available with tremendous cash flow and huge potential upside! 21 property package available. Homes can be bought individually or in bulk. Total portfolio list price is $2.525M, total current rent is $17,785/mo, total est market rent is $26,365, est ARV of full package is $3.155M. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years....This investment property is rented for $850/mo. Incredible opportunity available with tremendous cash flow and huge potential upside! 21 property package available. Homes can be bought individually or in bulk. Total portfolio list price is $2.525M, total current rent is $17,785/mo, total est market rent is $26,365, est ARV of full package is $3.155M. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing opportunity. Do not approach or disturb tenants. No showigns without an accepted offer. No wholesale, creative finance or seller finance. Addresses are 5088 Edenshire, 1236 Goodman, 4853 Tutwiler, 3471 Heckle, 1373 Russwood, 3430 Hendricks, 4594 Sea Isle, 860 Berclair, 3674 Mountain Terrace, 3270 Abbottsford, 1946 Willow Wood, 3588 Kearney, 3540 Marion, 3682 Kearney, 4401 Quince, 3689 Kearney, 4635 Monaco
  • Listed by: William Haynes • Crye-Leike, Realtors
  • Listed by: Tyler Tapley • Crye-Leike, Realtors
Listing closed: 06/22/2026 12:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 3246919

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Location

Listing Courtesy of Crye-Leike, Realtors

Sold By Trujillo Realty

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Payment Calculator

$542 per month

30 year fixed, 7.03% Interest

Principal and Interest

$443

Property Taxes

$99

HOA Dues

$0

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Property Information for 1373 Russwood Road

Property Details
  • Taxes: $1,185 / year
  • MLS Type: Residential / Detached Single Family / No
  • Architectural Style: Traditional
  • Subdivision Name: LYNWOOD PARK FIRST ADDITION
  • Waterfront: No
Building Information
  • Stories: 1
  • Year Built: 1952
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • Directions: McCrory to Macon. Right on Russwood. Home is on the left.
  • Levels: Three Or More
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
Parking
  • Parking Features: Attached, Parking Pad
  • Parking Total: 1.00
Taxes and HOA Information
  • Condo Coop Association YN: No
  • Tax Lot: 55
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Carpet
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 053101 00007
  • Lot Size Area: 0.2
Property and Assessments
  • Documents Count: 0
  • New Construction: No
  • Property Attached: No
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
Interior and Exterior Features
Interior Features
  • Interior Features: Pantry
Exterior Features
  • Attached Garage: No
  • Carport Spaces: 1
  • Carport: Yes
  • Covered Spaces: 1.00
  • Exterior Features: No Dock
  • Pool Private: No
  • View YN: No

Property History for 1373 Russwood Road

DateEvent & SourcePriceAppreciation
Jun 22, 2026

Sold

REALTRACS #3246919

$83,000—
Jun 22, 2026

Contract Signed

REALTRACS #3246919

—
Jun 22, 2026

Sold

MAARMLS #10216298

$83,000—
DateEvent & SourcePrice
06/22/2026

Sold

REALTRACS #3246919

$83,000
06/22/2026

Contract Signed

REALTRACS #3246919

—
06/22/2026

Sold

MAARMLS #10216298

$83,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1373 Russwood Road

Taxable ValueLand$4,525Additions$17,950Total$22,475
Tax Record2025$605 ($50 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,280 SqFtAbove Grade Finished SqFt1,280 SqFtStories1Lot Size8,925 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1952ZoningR-6CountySHELBYAPN05-3101-0-0007

Schools near 1373 Russwood Road

This home is within Memphis-Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Wells Station Elementary School
PublicPK to 5

Kingsbury Middle School
Public6 to 8

Kingsbury High School
Public9 to 12

Westside Middle
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1373 Russwood Road, Memphis, TN 38108
$83,000
2
1,280
8,712
$25,001
3
1,018
11,761
$185,000
3
1
1,206
12,100
$77,600
3
1,020
9,147
$130,000
3
1,080
9,147
$33,000
2
1
768
8,392

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crye-Leike, Realtors

Based on information submitted to the MLS GRID as of 06/22/2026 01:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.