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.
Amenities
In-unit amenities
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Internet
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Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Hip
Property Information
Subdivision Name: GRACELAND
Living Sq. Ft: 1,248
Ground Floor Sq. Ft: 1,248
Building Sq. Ft: 1,248
# of Stories: 1
Stories Type: 1
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 358
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,581
Legal Lot Number: 508
Municipality Name: MEMPHIS
Acres: 0.2429
Depth Footage: 130
Front Footage: 81
Zoning Code: R-10
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,248
Stories: 1.0
Lot Size: 10,581 square feet
Style: Single Family Residential
Year Built: 1957
Year Renovated: 1986
County: Shelby County
APN: 078095 00017
Home facts updated by county records on Jul 14, 2026
Sale and tax history for 1508 E Raines Rd
Sale History
Tax History
Date
Event
Price
RENTLY #1
Oct 2, 2026
Rental Removed
$1,195
$1/sq ft
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.
Year
Property tax
Land + Additions
Assessment*
2025
$1,961 (+6.1%)
$5,300 + $31,900
$37,200
2024
$1,847 (+8.1%)
$5,300 + $31,900
$37,200
2023
$1,709
$4,075 + $23,975
$28,050
2022
$1,709 (−1.2%)
$4,075 + $23,975
$28,050
2021
$1,729 (+7.1%)
$4,075 + $23,975
$28,050
2020
$1,614
$4,075 + $23,975
$28,050
2019
$1,614
$4,075 + $18,200
$22,275
2018
$1,614 (+76.3%)
$4,075 + $18,200
$22,275
2017
$916 (+22.7%)
$4,075 + $18,200
$22,275
2016
$746
$4,075 + $18,200
$22,275
2014
$746
$4,075 + $13,000
$17,075
Around this home
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
Public facts and zoning for 1508 E Raines Rd
Beds
3
Baths
2
Sq. Ft.
1,248
Stories
1
Lot Size
10,581 Sq. Ft.
Style
Single Family Residential
Year Built
1957
Year Renovated
1986
County
Shelby County
APN
078095 00017
Home facts updated by county records on Jul 14, 2026.
Additional resources
Zoning
Working on getting current and accurate zoning information for this home.Learn more
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
Thinking of selling?
Estimated sale price
$158,000 – $191,000
Sell confidently with a local market expert in Memphis.
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In-unit amenities
These amenities may not be available for every unit