Description
1283 E. Raines is a 16-unit opportunity featuring 12 two-bedroom units and 4 one-bedroom units. The property offers central heating and air along with stoves and refrigerators in units. Conveniently situated just minutes from FedEx, UPS, the Memphis International Airport, and Graceland, the location benefits from strong employment drivers and steady rental demand. The scheduled monthly rents are 12895/mo. Please do not disturb residents, drive by only.
Details
| MLS # | 10229844 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 29 |
| Listing Provided By | Crye-Leike Commercial | Jeffrey Moore |
Features
| Story(s) | 2 |
|---|---|
| Units | 16 |
| Building(s) | 1 |
Interior
| Appliances Or Equipment | Refrigerator, Range/Oven (Built-In), Dishwasher |
|---|
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick/Veneer, Wood/Composition |
| Foundation | Slab |
Parking
| Parking Facility | Asphalt/Blacktop |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38116 |
| Area | Whitehaven | Southland Mall |
| Subarea | 768A |
| Community Name | WHITEHAVEN 1ST ADD |
| Listing VS Median (in WHITEHAVEN 1ST ADD) | |
Price: $1,186,000 low | high Med: $0 On site: 29 low | high Med: | |
Market Activity 38116
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38116 |
| Area | Whitehaven | Southland Mall |
| Subarea | 768A |
| Community Name | WHITEHAVEN 1ST ADD |
| Listing VS Median (in WHITEHAVEN 1ST ADD) | |
Price: $1,186,000 low | high Med: $0 On site: 29 low | high Med: | |
Nearby Listings (Within 1/2 mile)
Price: $889K - $1.482M
sqft: 0 - 0
 | $1,100,000Scaife Rd EMemphis, TN 38116 |
Listing Updated: October 2, 2026 at 11:07:50 AM PDT