1026 E Rainbow Dr
Memphis, TN 38107
Midtown- 4 Beds
- 3 Baths
4 Beds
3 Baths
Local Information
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Description
Why rent when you can buy?! From the long gated driveway, to the spacious sunroom, this home truly has something for everyone. This exquisite dwelling features three full bathrooms, massive living spaces, and a sizeable dethatched workshop. Nestled within a historic community, this property offers a unique blend of charm and security. Whether you are looking for proximity to Rhodes College, or simply a place with plenty of parking, don't miss your chance to make this place home today. Call ASAP!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 20, 2026
Home Highlights
Parking
4 Car Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 1026 E Rainbow Dr
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MLS Status: Closed |
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Interior Details Basement: OtherNumber of Rooms: 2Types of Rooms: Bedroom 3, Bedroom 4 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Appliances & Utilities Appliances: DishwasherDishwasher |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Fireplace: GasHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Wood |
Levels, Entrance, & Accessibility Stories: 2Levels: Three Or MoreFloors: Wood |
View No View |
Security Security: Security Gate, Smoke Detector(s) |
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Exterior Home Features Roof: ShinglePatio / Porch: Patio, Covered, DeckNo Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Garage Faces Front,Parking Pad |
Frontage Not on Waterfront |
Water & Sewer Sewer: Other |
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Year Built Year Built: 1942 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Traditional |
Building Not a New ConstructionNot Attached Property |
Property Information Parcel Number: 041029 00183 |
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Price List Price: $299,901 |
Status Change & Dates Off Market Date: Mon Nov 27 2023Possession Timing: Immediate |
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Direction & Address City: MemphisCommunity: Colonial Terrance |
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Not Senior Community |
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No HOA |
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Lot Area: 8276.4 sqft |
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Special Conditions: Standard |
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BasementMls Number: 3048347Attribution Contact: 2096817797 |
Last check for updates: about 16 hours ago
Listed by Dylan Johnson, (209) 681-7797
901, REALTORS
Bought with: John Moore, (901) 232-1901, Keller Williams
Source: RealTracs MLS as distributed by MLS GRID, MLS#3048347

Price History for 1026 E Rainbow Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 11/22/2023 | $295,000 | Sold | RealTracs MLS as distributed by MLS GRID #3048347 |
| 10/06/2023 | $299,901 | Pending | MAAR #10157180 |
| 09/25/2023 | $299,901 | Contingent | MAAR #10157180 |
| 09/21/2023 | $299,901 | PriceChange | MAAR #10157180 |
| 09/15/2023 | $320,901 | Listed For Sale | MAAR #10156852 |
| 07/21/2023 | $179,900 | Sold | N/A |
| 05/13/2023 | ListingRemoved | Zillow Rentals | |
| 04/28/2023 | $1,700 | Listed For Rent | Zillow Rentals |
| 07/01/2015 | $156,000 | Sold | MAAR #9951511 |
| 05/08/2015 | $157,500 | Listed For Sale | Agent Provided |
| 02/25/2013 | $1,600 | ListingRemoved | N/A |
| 12/27/2012 | $1,600 | Listed For Rent | N/A |
| 04/08/2009 | $141,000 | Sold | N/A |
| 03/15/2005 | $20,000 | Sold | N/A |
| 08/23/2000 | $45,900 | Sold | N/A |
| 05/28/1997 | $95,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,633 |
| Assessment | $275,700 |
Home facts updated by county records
Comparable Sales for 1026 E Rainbow Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $310,000 | 12/05/25 | 3 | 2.5 | 2,007 | |
0.03 | Single-Family Home | $270,000 | 04/29/26 | 4 | 2 | 1,857 | |
0.01 | Single-Family Home | $290,000 | 07/07/25 | 3 | 2 | 2,352 | |
0.08 | Single-Family Home | $262,000 | 12/30/25 | 3 | 2 | 1,588 | |
0.31 | Single-Family Home | $210,000 | 02/02/26 | 4 | 3 | 2,433 | |
0.24 | Single-Family Home | $300,000 | 05/19/26 | 3 | 2 | 1,499 | |
0.10 | Single-Family Home | $169,000 | 09/12/25 | 3 | 1.5 | 1,574 | |
0.28 | Single-Family Home | $285,000 | 12/22/25 | 3 | 2 | 1,309 | |
0.29 | Single-Family Home | $265,700 | 03/18/26 | 3 | 2 | 1,894 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1026 E Rainbow Dr.
What Locals Say about Midtown
At least 447 Trulia users voted on each feature.
92 % Say there are sidewalks
87 % Say it's dog friendly
78 % Say car is needed
77 % Say parking is easy
77 % Say yards are well-kept
73 % Say it's walkable to restaurants
71 % Say streets are well-lit
65 % Say there's holiday spirit
59 % Say neighbors are friendly
57 % Say it's walkable to grocery stores
56 % Say kids play outside
54 % Say they plan to stay for at least 5 years
47 % Say people would walk alone at night
43 % Say it's quiet
41 % Say there are community events
36 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 1026 E Rainbow Dr
Off Market Homes Near 1026 E Rainbow Dr

Based on information submitted to the MLS GRID as of 2026-05-23 01:02:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
Homes for rent near 1026 E Rainbow Dr
1026 E Rainbow Dr, Memphis, TN 38107 is a 4 bedroom, 3 bathroom single-family home built in 1942. 1026 E Rainbow Dr is located in Midtown, Memphis. This property is not currently available for sale. 1026 E Rainbow Dr was last sold on Nov 22, 2023 for $295,000 (2% lower than the asking price of $299,901). The current Trulia Estimate for 1026 E Rainbow Dr is $284,800.