$89,000

1373 RUSSWOOD RD, Memphis, TN 38108

2 beds |
1 bath |
1,280 sqft

Single-Family Home
Built in 1952
8,712sqft lot
—— car garage
$70/sqft
Listed 5 days ago

Property 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 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

Listing Status:: Active
Date Added:: March 7, 2026
Data Last Updated:: March 12, 2026 at 4:48PM
Listing Office:: Crye-Leike, Inc., REALTORS : 901-756-8900
MLS ID:: 10216298

Rooms: 5
Flooring: Part Carpet
A/C: Central
Heating: Central

General: Wood/CompositionOther (See REMARKS)
Style: Traditional
Pool: None
Parking: Driveway/PadParking spaces: 1

General: 1

County: Kingsbury

Zoning: 053101 00007

This listing courtesy of Crye-Leike, Inc., REALTORS

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Wells Station Elementary School

1610 Wells Station Rd, Memphis, TN, 38108

Grades PK-5

0.45 miles away

Kingsbury Middle School

1276 N Graham St, Memphis, TN, 38122

Grades 6-8

0.66 miles away

Kingsbury Career Technology Center

1328 N Graham St, Memphis, TN, 38122

Grades 10-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.