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1308 E RAINES RD Memphis, TN $ 149,900
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$ 149,900 Get more info
1308 E RAINES RD
$ 149,900
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1308 E RAINES RD

Memphis, TN, 38116
$ 149,900
Bedrooms3 Baths2.1 Sq 2,015

Monthly Estimate*

$ 935

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Single Family Home for sale in Memphis, TN

for $149,900 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.

Don’t miss this chance to invest in a 3-bedroom, 2.5-bath brick home with a single attached carport. This property is currently tenant-occupied, offering an excellent opportunity for investors looking to expand their rental portfolio or for an owner-occupant seeking future potential. Please Note: The home is being sold AS-IS with no showings prior to purchase. Buyer will be responsible for obtaining possession of the property upon closing. Do not disturb or make contact with the occupants. All offers must be submitted online at Auction.com. This is your opportunity to secure a sought-after property with built-in income potential—act fast!

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Single Family Active

Price

$ 149,900

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

10207596
Features
General
Heating Central
Cooling Central
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 65
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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

$1,105
Per Month
85%
15%
0%
Monthly Principal & Interest
$935
Monthly Property Taxes
$170
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/13/2025$149,900 Listed Price

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1308 E RAINES RD, Memphis, TN, 38116 is a Single Family Home for sale at $149,900 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

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