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For sale
    • Price increase: $21.9K (3/8)
    $89,000

    1373 Russwood Rd, Memphis, TN 38108

    2beds
    1,280sqft
    : 
    Single Family Residence
    Built in 1952
    8,712 Square Feet Lot
    $-- Zestimate®
    $70/sqft
    $-- HOA

    What's special

    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
    17 days
    |
    247
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 10, 2026 at 12:49pm

    Listed by:

    William H Haynes,

    Crye-Leike, Inc., REALTORS 901-756-8900,

    Tyler Tapley,

    Crye-Leike, Inc., REALTORS

    Source: MAAR,MLS#: 10216298MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Width: 0
      Dining room
      • Width: 0
      Kitchen
      • Features: Pantry
      Living room
      • Width: 0
      Den
      • Width: 0
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Part Carpet
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,280 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway/Pad
      • Covered spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Exterior features: Other (See REMARKS)
      • Pool features: None
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 50 x 110
      • Features: Level
      Details
      • Parcel number: 053101 00007

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Wood/Composition
      Condition
      • New construction: No
      • Year built: 1952

      Community & HOA

      Community
      • Subdivision: Lynwood Park First Addition
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $70/sqft
      • Tax assessed value: $89,900
      • Annual tax amount: $1,185
      • Price range: $89K - $89K
      • Date on market: 3/8/2026
      • Cumulative days on market: 18 days
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,152/mo

        Price history

        Price history
        DateEventPrice
        3/8/2026Price change$89,000+32.6%$70/sqft
        Source: MAAR #10216298 Report a problem
        5/26/2021Pending sale$67,098$52/sqft
        Source: MAAR #10100251 Report a problem
        5/26/2021Listed for sale$67,098+21.9%$52/sqft
        Source: MAAR #10100251 Report a problem
        5/21/2021Sold$55,033+93.1%$43/sqft
        Source: MAAR #10100251 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        3/26/2019Listing removed$775$1/sqft
        Source: Owner Report a problem
        3/19/2019Listed for rent$775$1/sqft
        Source: Owner Report a problem
        3/19/2018Listing removed$775$1/sqft
        Source: Owner Report a problem
        1/11/2018Listed for rent$775$1/sqft
        Source: Owner Report a problem
        1/15/2015Listing removed$775$1/sqft
        Source: Owner Report a problem
        2/18/2011Listed for rent$775$1/sqft
        Source: Postlets Report a problem
        9/30/2010Sold$28,500$22/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$1,185 +54.7%$22,475 +93.3%
        2024$766 +8.1%$11,625
        2023$708 $11,625
        2022-- $11,625
        2021-- $11,625 +16.3%
        2020$320 $10,000
        2019$320 -21.1%$10,000
        2018$405 -45.1%$10,000
        2017$738 +87.6%$10,000 -13.6%
        2016$394 -13.4%$11,575
        2014$454 $11,575
        2013-- $11,575 -18.8%
        2012-- $14,250
        2011-- $14,250
        2010-- $14,250
        2009-- $14,250 -5.8%
        2008-- $15,125
        2007-- $15,125
        2006-- $15,125
        2005-- $15,125 +6.5%
        2004-- $14,200
        2003-- $14,200
        2002-- $14,200
        2001-- $14,200 +39.9%
        2000-- $10,150

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $530/mo
        Principal & interest
        $459
        Property taxes
        $71
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          Climate risks

          Neighborhood: Berclair-Highland Heights

          Getting around

          35 / 100
          Car-Dependent
          20 / 100
          Minimal Transit
          44 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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