Welcome home to 1508 E Raines Road, a beautifully maintained 3-bedroom, 2-bathroom single-family residence offering 1,236 square feet of polished, low-maintenance living space. Tucked away in an established, accessible residential pocket of Whitehaven (38116), this standalone home perfectly pairs classic character with an ultra-functional floor plan. The interior makes a warm and sophisticated first impression with an expansive living room featuring rich hardwood floors and oversized bright windows that flood the main living space with an abundance of comforting natural light. At the heart of the home is an open galley-style kitchen, fully optimized for the home chef with durable tile floors, extensive countertop workspace, and abundant cabinetry providing plenty of storage. Seamlessly adjacent to the kitchen is a dedicated formal dining area off the kitchen, providing an elegant setting for family meals, holiday hosting, or setting up a quiet home workspace. Designed for practical daily utility, this home features a conveniently located laundry closet equipped with full hookups close to the main living areas for maximum convenience. With three full bedrooms and two full bathrooms, this floor plan provides excellent personal space and privacy, completely eliminating morning friction for a busy household. Step outside to find your private outdoor retreat: a spacious, fully fenced-in backyard. This secure green space acts as a quiet oasis for hosting weekend BBQs, gardening, or letting pets and loved ones play in total privacy. Professionally managed by REI Nation Real Estate Services, this move-in-ready Memphis home ensures the high standard of maintenance and reliable tenant service you deserve. Schedule your private tour today by visiting rentreinationhomes.com or calling our leasing team at (901) 334-1919. This property allows self guided viewing without an appointment. Contact for details.
Contact 1508 E Raines Rd
Policies
PetsDogs allowed, Cats allowed
Dogs allowed
Cats allowed
Lease termsDeposit: $1,195
Deposit
$1,195
Amenities
In-unitDishwasher, Hardwood Flooring, Air Conditioning
Dishwasher
Hardwood Flooring
Air Conditioning
CommunityExtra Storage, Pet Friendly
Extra Storage
Pet Friendly
Unique featuresPrivate Yard, Green Space
Private Yard
Green Space
Around 1508 E Raines Rd
Schools
Places
Transit
4/10
Robert R. Church Elementary School
Public, PreK-5 • Assigned • 0.5mi
6/10
A. Maceo Walker Middle School
Public, 6-8 • Assigned • 0.7mi
2/10
Hillcrest High School
Charter, 9-12 • Assigned • 0.1mi
Provided by GreatSchools
About
Graceland
Graceland, located between Elvis Presley Boulevard and I-55, is a historic and entertainment-focused Memphis neighborhood with a landmark music estate and a motel-lined commercial corridor. The neighborhood’s character concentrates along Elvis Presley Boulevard at Dolan Drive, where tour buses, ticket windows, and souvenir storefronts set a steady, street-theater rhythm. Graceland Mansion and Elvis Presley’s Memphis anchor the area’s cultural gravity, with The Guest House at Graceland adding a polished hospitality note. Low-slung midcentury buildings and wide arterials shape a car-forward landscape. Side streets shift quieter, with modest homes and mature trees. The airport edge and rail lines add an industrial backdrop that keeps the setting distinctly Memphis.
Provided by Walk Score and Local Logic
Historical weather
Memphis, TN • 38116
Average low and high temperatures (°F)
47
30
57
38
71
50
77
58
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63
88
72
92
76
89
72
85
68
77
57
65
49
54
40
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Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
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Dec
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 108° expected this year, 21 days in 30 years
4/10 Wind Factor
17% 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
Sun exposure
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
This property is priced $145 below the rental estimate which makes this a great deal!
Asking rent
$1,195
Rental estimate
$1,340
Nearby comparable rentals
The Rental Estimate uses 0 recent nearby rental.
Sale and tax history for 1508 E Raines Rd
Sale History
Tax History
Date
Event
Price
RENTLY #1
Sep 20, 2026
Price Changed
$1,195
$1/sq ft
Aug 30, 2026
Price Changed
$1,250
$1/sq ft
Aug 27, 2026
Price Changed
$1,225
$1/sq ft
Aug 6, 2026
Listed for Rent
$1,250
$1/sq ft
Jan 9, 2026
Rental Removed
$1,195
$1/sq ft
Jan 7, 2026
Price Changed
$1,195
$1/sq ft
Dec 7, 2025
Price Changed
$1,250
$1/sq ft
Nov 6, 2025
Listed for Rent
$1,350
$1/sq ft
Memphis Area Association of Realtors(R) MLS #9936431
Dec 11, 2014
Sold
$89,900
$72/sq ft
Sep 3, 2014
Listed
$89,900
$72/sq ft
PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.
Memphis Area Association of Realtors(R) MLS #3129183
Jul 31, 2008
Sold
$75,000
$60/sq ft
Jan 24, 2008
Listed
$79,900
$64/sq ft
BEAUTIFUL HARDWOOD FLOORS PERFECT FOR FIRST BUYER.
All information is deemed reliable but not guaranteed. Redfin and its affiliates may receive compensation if you contact a rental property or sign a lease.
1508 E Raines Rd is a 1236 square foot property with 3 bedrooms and 2 bathrooms. We estimate that 1508 E Raines Rd would rent between $1,340 / mo.1508 E Raines Rd is located in Memphis, the 38116 zipcode, and the Achievement School District.