1308 E RAINES RD Memphis, TN $ 100,000
1308 E RAINES RD
$ 100,000
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1308 E RAINES RD

Memphis, TN, 38116
$ 100,000
Bedrooms3 Baths2.1 Sq 2,015

Monthly Estimate*

$ 616

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Single Family Home for sale in Memphis, TN

for $100,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,015 square foot home was built in 1960 on a lot size of 0.25.

This 3-bedroom, 2.5-bath home offers a functional layout with plenty of potential for its next owner. The property features a single-car attached carport for convenient covered parking and a rear deck that’s perfect for relaxing or entertaining outdoors. Inside, you’ll find a spacious floor plan with ample room for comfortable living. Whether you’re a first-time homebuyer looking to add your personal touch or an investor seeking your next opportunity, this property presents great possibilities. Home is being sold in AS-IS condition. All offers must be submitted online at Auction.com. Purchasers may use any lender to finance the purchase of the property, however the seller requires that all non-cash offers must be pre-qualified by Newrez loans, prior to offer acceptance. Under FinCEN s new RRE Rule, transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed or HELOC.

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Single Family Active

Price

$ 100,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 2,035

Style

Traditional

Lot Size

0.25

Year Built

1960

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10214381

Features
General
Heating Central
Cooling Central
Fireplaces 1
Status Active Active
Full Baths 2
Half Baths 1
Legal Subdivision Name GRACELAND
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 764B Whitehaven/Graceland
Parcel Number 078099 00018
Sale/Rent For Sale
Status Detail 0
Year Built 1960
Directions From Raines and HWY 51(Elvis Presley) east on E Raines Rd home is on the left right past Charles Dr before the light at Faronia Rd
City Memphis
DOM 63
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Interior
Living Room Other (See Remarks)
Beds 3
Total Baths 2.1
Number of Rooms 8
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 178
Lot Size Area 0.25
Lot Size 83X133
Lot Description Chain Fenced
Misc. Exterior Other (See REMARKS)
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* Excluded Features
List By
Resiamerica, Inc.

Broker

Affordability Calculator

$785
Per Month
78%
22%
0%
Monthly Principal & Interest
$616
Monthly Property Taxes
$170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/24/2026$100,000 -9.01% Price Down
3/21/2026$109,900 -15.40% Price Down
2/11/2026$129,900 -13.34% Price Down
2/11/2026$149,900 Listed Price

Map


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1308 E RAINES RD, Memphis, TN, 38116 is a Single Family Home for sale at $100,000 with 2,015 sqft and a lot size of 0.25. 1308 E RAINES RD has 3 bedrooms, 2.1 baths, and was built in 1960. The property's zip code is 38116 which is in Memphis, TN