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1283 E Raines Ave, Memphis, TN 38116

$1,236,000
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Active
BEDS28 BATHS MLS#10221886
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWHITEHAVEN 1ST ADD
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Property 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.

1283 E Raines Ave | MLS# 10221886

This multi-family property located at 1283 E Raines Ave, Memphis, TN 38116 is currently listed for sale with an asking price of $1,236,000. Search Memphis real estate on amagers.realestateinbowlinggreen.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central
Roof Type: Composition
Stories: 2.0
Year Built: 1964

Feature Descriptions

Days on Site: 25
Floors/ Ceilings: Wood Laminate Floors
Units: 16

Listed By / Shown By

Listed By

Agency Name: Crye-Leike Commercial

Shown By

Agent Name: Ali Magers
Agent Phone: (270) 202-7527
Agency Title: CRYE-LEIKE Executive Realty

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Estimated Payment

$ 7,357.07 per month $6,996.57 Principal & Interest $0.00 Property Tax (data not provided by mls) $360.50 Homeowner's Insurance

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1278 Campbell Lane
Bowling Green, KY 42104
(270) 202-7527
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/13/2026. The listing information on this page last changed on 06/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/13/2026 2:09:58 AM EST) or Southern Kentucky MLS (last updated Fri 06/12/2026 9:58:46 PM EST) or SCKY MLS (last updated Fri 06/12/2026 10:12:52 PM EST). Real estate listings held by brokerage firms other than CRYE-LEIKE Executive Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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