For sale

$1,186,000

Est. $8,218/mo —

•

— ba

•

View

sq ft

1283 E Raines Ave, Memphis, TN 38116

About this home

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.

Multi-familyProperty Type

1964Year Built

Listed by Jeffrey Moore • Crye-Leike Commercial

Listing updated: Sep 4, 2026 at 11:45pm

Redfin checked: a minute ago

•Source:Memphis Area Association of Realtors(R) MLS #10229844

Payment calculator

$8,218 per month

Principal and interest$6,233

Property taxes

$1,599

HOA dues

Home insurance

$385

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

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3 beds2 baths— sq ft
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Around this home

Schools

K - 12
Preschool & daycare

Robert R. Church Elementary School

Public PreK-5 • Assigned • 1.0mi

4/10

A. Maceo Walker Middle School

Public 6-8 • Assigned • 1.1mi

6/10

Hillcrest High School

Charter 9-12 • Assigned • 0.4mi

2/10

Provided by GreatSchools

About Whitehaven

View

Whitehaven View, located between Elvis Presley Boulevard and the Mississippi state line, is a residential and commercial Memphis neighborhood with mid-century ranch streetscapes and airport-adjacent energy. The neighborhood’s character concentrates around Elvis Presley Blvd near Shelby Drive, where auto shops, barbecue counters, and travel-day storefronts set a steady, working rhythm. Graceland, the Graceland Exhibition Center, and the Stax Museum of American Soul Music act as cultural pillars with real local pull. Blocks of brick and siding homes sit behind mature trees, while broad arterials keep the landscape open and mobile. T.O. Fuller State Park adds wooded trails and lake views that shift the pace. Southland Casino Hotel and the riverfront edge in West Memphis round out the area’s after-dark itinerary.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Wood laminate floors
Two-story building

Bedrooms
Four 1-bedroom units
Twelve 2-bedroom units

Bathrooms
1 bathroom in 1‑bedroom units
1 bathroom in 2‑bedroom units

Kitchen
Refrigerator
Built-in range/oven
Dishwasher

Laundry & utility
No on-site laundry specified

Flooring
Wood laminate

Heating & cooling
Central heating
Central cooling
Electric hot water

Sale and tax history for 1283 E Raines Ave

Sale History
Tax History

Date

Event

Price

Memphis Area Association of Realtors(R) MLS #10229844

Sep 4, 2026

Listed

$1,186,000

Memphis Area Association of Realtors(R) MLS #4

Aug 6, 2026

Price Changed

$1,186,000

LEASESTAR #3

Jun 17, 2025

Rental Removed

$850

Jun 17, 2025

Listed for Rent

$850

LEASESTAR #2

Mar 19, 2025

Rental Removed

$850

Mar 19, 2025

Listed for Rent

$850

LEASESTAR #1

Mar 8, 2025

Rental Removed

$850

Mar 8, 2025

Listed for Rent

$850

Memphis Area Association of Realtors(R) MLS #10169238

Aug 15, 2024

Sold

$912,000

May 26, 2024

Price Changed

$995,000

Apr 29, 2024

Price Changed

$1,125,000

Apr 2, 2024

Listed

$1,175,000

Public Records

Mar 10, 2021

Sold

$620,000

Public Records

Jun 12, 2013

Sold

$575,000

Public Records

Dec 13, 2012

Sold

$1,040,000

Public Records

Nov 2, 2011

Sold

$825,000

Public Records

Aug 19, 2008

Sold

$254,000

Year

Property tax

Land + Additions

Assessment*

2025

$19,192 (+189.0%)

$9,760 + $354,360

$364,120

2024

$6,641 (+8.1%)

$9,760 + $354,360

$364,120

2023

$6,143

$9,760 + $91,080

$100,840

2022

$6,143 (−1.2%)

$9,760 + $91,080

$100,840

2021

$6,215 (−5.2%)

$9,760 + $91,080

$100,840

2020

$6,556

$9,760 + $91,080

$100,840

2019

$6,556

$9,760 + $80,720

$90,480

2018

$6,556 (+76.3%)

$9,760 + $80,720

$90,480

2017

$3,719 (+93.5%)

$9,760 + $80,720

$90,480

2016

$1,922

$9,760 + $80,720

$90,480

2014

$1,922

$9,760 + $34,240

$44,000

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

—

Lot width

100 ft.

Lot depth

217 ft.

Lot size

0.5 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

14,216

Year built

1964

Style

Multi-Family (5+ Unit)

County

Shelby County

APN

079002 00006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2026.

RU-3

Residential Urban-3 District

Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of an arterial.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space

Oct 7, 2020 • Final

Residential electrical

Install a ground rod connection.

Electrical

Oct 7, 2020 • Final

Residential electrical

Reinstall an electrical meter.

Electrical

Electric meter

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

About this building

1 for sale

1283 E Raines Rd, Memphis, TN 38116

See photos & sale trends

Photo via listing

Units for sale


—	$1,186,000	28 beds	0 baths	— sq ft

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 109° expected this year, 21 days in 30 years

4/10 Wind Factor

16% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Memphis, TN • 38116

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

86/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.5 hrs

6.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1283 E Raines Ave

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Details provided by Memphis Area Association of Realtors(R) MLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 1283 E Raines Ave

Public record

About this building

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1283 E Raines Ave

Nearby similar homes

New listings for sale in 38116

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