Attention investors, rehabbers, and savvy buyers! This diamond in the rough at 899 W. Raines Rd offers an incredible opportunity to add value and build equity. Situated on a generous lot in an established Memphis neighborhood, this property is ready for its next chapter. Whether you're looking for your next fix-and-flip project, a long-term rental addition, or a buy-and-hold investment, the potential here is undeniable. With solid bones and a desirable location convenient to major highways, shopping, schools, and employment centers, this property presents multiple exit strategies for today's investor. Bring your vision, your contractor, and your creativity! Properties with this much upside and potential don't stay on the market long. Sold As-Is. No repairs will be made by the seller.
Single-familyProperty Type
1968Year Built
6,534 sq ftLot Size
1 spaceParking
Listed by Keith Townsend• Crye-Leike of MS, Inc.
Bought with William Schreiner• Signature Realty, LLC
Est. $1,036 per month, based on comparable rentals
Sale and tax history for 899 W Raines Rd W
Sale History
Tax History
Date
Event
Price
Memphis Area Association of Realtors(R) MLS #10223299
Jul 15, 2026
Sold
$65,000
Jun 5, 2026
Listed
$82,000
Memphis Area Association of Realtors(R) MLS #2581879
Apr 15, 2005
Sold
$63,000
Oct 8, 2004
Listed
$59,900
WANT A HOME WITH ALMOST ALL NEW FIXTURES? THIS IS THE HOME TO LOOK AT. HOME HAS 3BR, 1.5 BATH, DEN, LR, SINGLE CAR CARPORT, CENTRAL AIR /HEAT. JUST THINK NEW, NEW, NEW. ONLY $59,900. CALL ELLEN TO SHOW!!!!!
Public Records
Feb 9, 2002
Sold
$55,989
Memphis Area Association of Realtors(R) MLS #1416230
Feb 4, 2002
Sold
$55,999
Jul 30, 2001
Listed
$59,500
Public Records
Nov 13, 1996
Sold
$42,501
Public Records
May 2, 1996
Sold
$53,176
Public Records
Dec 10, 1990
Sold
$39,500
Public Records
Jun 7, 1990
Sold
$7,000
Public Records
Apr 26, 1990
Sold
$14,200
Public Records
Mar 19, 1970
Sold
$15,800
Year
Property tax
Land + Additions
Assessment*
2025
$1,049 (+16.0%)
$2,550 + $17,350
$19,900
2024
$904 (+8.1%)
$2,550 + $17,350
$19,900
2023
$836
$2,100 + $11,625
$13,725
2022
$836 (−1.2%)
$2,100 + $11,625
$13,725
2021
$846 (−5.1%)
$2,100 + $11,625
$13,725
2020
$891
$2,100 + $11,625
$13,725
2019
$891
$2,100 + $10,200
$12,300
2018
$891 (+76.3%)
$2,100 + $10,200
$12,300
2017
$506 (+1.7%)
$2,100 + $10,200
$12,300
2016
$497
$2,100 + $10,200
$12,300
2014
$497
$2,100 + $9,275
$11,375
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
62 ft.
Lot depth
106 ft.
Lot size
6,572 Sq. Ft.
Year renovated
—
Sq. Ft.
1,053
Year built
1968
Style
Single Family Residential
County
Shelby County
APN
075137 00021
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 31, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Oct 7, 2020 • Final
Residential electrical
Electrical
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.
Property details
Parking
Parking Information
# of Covered Parking Spaces: 1
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions: na
Master Bedroom Dimensions: na
Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 1
# of Bathrooms (Full): 1
# of Bathrooms (1/2): 1
Interior Features
# of Rooms: 6
# of Stories: 1
Floors/Ceilings: Part Carpet
Room Information
Living Room Dimensions: n/a
Dining Room Dimensions: n/a
Den/Great Room Dimensions: n/a
Dining Room Dimensions: n/a
Living Room Dimensions: n/a
Living/Dining/Kitchen: Eat-In Kitchen
Den/Great Room Dimensions: n/a
Additional Bedroom/Bathroom Info: 2 Full Master Bathrooms, All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Porch
Exterior/Windows: Brick Veneer
Land Information
Acreage: 0.15
Lot Information
Parcel ID: 075137 00021
Lot #: 209
Lot Size: 62X106
Lot Description: Some Trees
Area: 765A
Property Information
Attached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1968
Financial
Tax Information
Annual City Tax: $514
Annual County Tax: $535
Financing
Buyer Contributions: 65000
Utilities
Utility Information
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Attached Unit Type: Ground Level-Single Story
Location Details
Directions: Head west on W. Raines Road from South Third Street. Continue on W. Raines Road for approximately 0.7 miles. Arrive at 899 W. Raines Rd, Memphis, TN 38109, which will be on your left.
MAAR Subdivision Name: CHICKASAW VILLAGE 7TH ADD
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,053
Stories: 1.0
Lot Size: 6,572 square feet
Style: Single Family Residential
Year Built: 1968
Year Renovated: —
County: Shelby County
APN: 075137 00021
Home facts updated by county records on Jul 31, 2026
Around this home
Schools
Levi Elementary School
Public PreK-5 • Assigned • 1.5mi
4/10
Chickasaw Junior High School
Public 6-8 • Assigned • 0.2mi
4/10
Westwood Middle/ High School
Public 9-12 • Assigned • 0.6mi
3/10
Provided by GreatSchools
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 • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$77,000 – $93,000
Sell confidently with a local market expert in Memphis.
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2026. This data may not match public records. Learn more.