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1283 E RAINES AVE Memphis, TN $ 1,125,000
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1283 E RAINES AVE
$ 1,125,000
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1283 E RAINES AVE

Memphis, TN, 38116
$ 1,125,000
Bedrooms28 Baths16.0

Monthly Estimate*

$ 7,858

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Multi-Family Home for sale in Memphis, TN

for $1,125,000 with 28 bedrooms and 16 full baths. This home was built in 1964.

This 16 unit building is located just south of the Graceland area of Whitehaven. It has been fully renovated. There are 12-2br's and 4-1br's . The scheduled monthly income is 12795/mo. Drive by only. Please do not disturb tenants.

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Multi-Family Active

Price

$ 1,125,000

Bedrooms

28

Full Bath

16

Property Type

Multi-Family

Taxes

$ 6,142

Style

Apartment Building

Year Built

1964

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10169238
Features
General
Roof Composition
Construction Brick Brick/Veneer Wood/Composition
Status Active Active
Legal Subdivision Name WHITEHAVEN 1ST ADDN
Stories 2
Class Multi-Family
Laundry Y/N None
Type Apartment Building
Area 768A Whitehaven/Southland Mall
Unit Number 16
Year Built 1964
City Memphis
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Exterior
Foundation Slab
Number of Buildings 1
Lot Size 100X217
Parking Facility Asphalt/Blacktop
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Interior
Hot Water Electrical
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* Excluded Features
List By
Crye-Leike Commercial

Broker

Affordability Calculator

$8,370
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,858
Monthly Property Taxes
$512
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/29/2024$1,125,000 -4.26% Price Down
4/3/2024$1,175,000 Listed Price

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1283 E RAINES AVE, Memphis, TN, 38116 is a Multi-Family Home for sale at $1,125,000. 1283 E RAINES AVE has 28 bedrooms, 16.0 baths, and was built in 1964. The property's zip code is 38116 which is in Memphis, TN

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