516 E RAINES RD Memphis, TN $ 174,000
516 E RAINES RD
$ 174,000
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516 E RAINES RD

Memphis, TN, 38109
$ 174,000
Bedrooms6 Baths2.1 Sq 1,478

Monthly Estimate*

$ 1,086

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Single Family Home for sale in Memphis, TN

for $174,000 with 6 bedrooms and 2 full baths, 1 half bath. This 1,478 square foot home was built in 1953 on a lot size of 0.42.

6-bed, 2.5-bath home in Whitehaven with tons of potential! The main house offers 4 beds, 1.5 baths, updated front windows, and a 2-year-old roof. Enjoy a spacious in-and-out front driveway and a huge backyard. The separate in-law suite features 2 beds, 1 full bath, LR, kitchen, its own address, and private parking pad. Sq Ft is estimated so buyer must do own due diligence. Previously used as a commercial tax office. SOLD AS IS. Ideal for investors seeking dual income or homeowners looking to rent part of the home. No owner financing. Don’t miss this versatile opportunity! Seller will need to remain in the property 30 days after closing. For appointments please contact Broker Bay who will make arrangements with the Seller to show the property. No sign / no key box available.

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Single Family Active

Price

$ 174,000

Bedrooms

6

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 3,740

Style

Lot Size

0.42

Year Built

1953

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10201456

Features
General
Heating Central
Cooling Central Window Unit(s)
Roof Composition Shingles
Fireplaces 0
Status Active Active
Full Baths 2
Half Baths 1
Legal Subdivision Name NONE LISTED
Style Other (See Remarks)
Stories Count 1.5
County Shelby
Class Residential
Type Detached Single Family
Area 763E Whitehaven/Graves
Parcel Number 076023 00016
Sale/Rent For Sale
Status Detail 0
Year Built 1953
Directions Take I-240W to I-55. Get off on Elvis Presley Blvd. Keep straight until you reach Raines Rd. Make right. Continue about 2 miles. Home is on the right.
City Memphis
DOM 149
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Interior
Dining Room 12X9
Living Room Separate Living Room Separate Dining Room
Kitchen Dimensions 12X9
Beds 6
Total Baths 2.1
Number of Rooms 9
Heated SqFt 1400-1599
Downstairs Bedrooms 4
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Exterior
Pool None
Lot Size Area 0.42
Water & Sewer Public Water Public Sewer
Lot Size 100X185
Lot Description Some Trees
Misc. Exterior Wrought Iron Security Drs Patio Storage
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* Excluded Features
List By
Benchmark Realtors, Llc

Broker

Affordability Calculator

$1,397
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,086
Monthly Property Taxes
$312
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
Pricing History
DatePricePrice ChangeDescription
12/13/2025$174,000 -0.57% Price Down
8/15/2025$175,000 -12.50% Price Down
7/17/2025$200,000 Listed Price

Map


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516 E RAINES RD, Memphis, TN, 38109 is a Single Family Home for sale at $174,000 with 1,478 sqft and a lot size of 0.42. 516 E RAINES RD has 6 bedrooms, 2.1 baths, and was built in 1953. The property's zip code is 38109 which is in Memphis, TN