1283 E Raines Rd, Memphis, TN 38116
Property image
Property image
FOR SALE
3D VIEW
0.5 ACRES

$1,186,000

Original price: $1,236,000
  • Studio
  • 14,216 sqft (on 0.50 acres)

1283 E Raines Rd, Memphis, TN 38116

White Haven-Coro Lake
Est. Mortgage $7,172/mo*
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Home Highlights

Property Type
Multi-Family
Year Built
1964
Lot Size
0.5 acres
Price/Sqft
$83

Local Information

  • Map ViewExplore the area around 1283 E Raines Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 8 hours ago
Listing courtesy of Jeffrey B Moore
Crye-Leike Commercial, (901) 758-5670
Source: MAAR, MLS#10221886
Also Listed on MAAR.

Home Details for 1283 E Raines Rd

Interior Features

Dimensions and Layout
Living Area: 14216 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Range/Oven (Built-In), Dishwasher, Electric Water HeaterDishwasherLaundry: NoneRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Wood Laminate Floors
Levels, Entrance, & Accessibility
Stories: 2Floors: Wood Laminate Floors

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Slab
Parking & Garage
Parking: Asphalt/Blacktop

Days on Market

Cumulative Days on Market: 80Days on Market: 105

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Apartment BuildingArchitecture: Apartment Building
Building
Construction Materials: Brick Veneer, Wood/Composition
Property Information
Parcel Number: 079002 00006

Price & Status

Price
List Price: $1,186,000Price Per Sqft: $83
Status Change & Dates
Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Active

Location

Direction & Address
City: MemphisCommunity: Whitehaven 1st Addn

Agent Information

Listing Agent
Listing ID: 10221886

Building

Building Area
Building Area: 14216 Square Feet

Lot Information

Lot Area: 0.50 acres

Offer

Listing Terms: Conventional

Business

Expense
Tenant Pays: Some Utilities

Miscellaneous

Mls Number: 10221886Living Area Range Units: Square Feet

Around this home

Neighborhood Overview

White Haven-Coro Lake
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about White Haven-Coro Lake

At least 339 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 85 % Say yards are well-kept

  • 77 % Say parking is easy

  • 64 % Say there are sidewalks

  • 63 % Say kids play outside

  • 61 % Say there's holiday spirit

  • 57 % Say streets are well-lit

  • 56 % Say it's quiet

  • 49 % Say they plan to stay for at least 5 years

  • 46 % Say neighbors are friendly

  • 45 % Say it's dog friendly

  • 38 % Say it's walkable to grocery stores

  • 31 % Say there's wildlife

  • 30 % Say people would walk alone at night

  • 25 % Say it's walkable to restaurants

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Crystal wallace
    "It’s a great peaceful place to live the area is beautiful and houses are just as well look like everyone looks out for one another in the community haven’t heard to much crime in the neighborhood "
    1
    Flag
  • Dazarries Wilkerson
    "My commute is great soo far I have zero complaints about the neighboring areas. This property is only about 18 minutes away from my job and I think it would be a great fit."
    1
    Flag
  • Bridget Harris
    "I live in the area .. and have for over 30 years. It’s retired educators, physicians, and attorneys who live in the area. "
    4
    Flag
  • Bridget Harris
    "The area is rebuilding with restaurants and great neighborhood parks safe for daily exercise. There are a variety of great schools in the area from private, charter and public schools!"
    1
    Flag
  • Trulia User
    "Good I have doctors appointment and so do my sons. My sons are disable and we need piece and quite. It look like a good commute."
    4
    Flag
  • Trulia User
    "some areas in the neighbor are great, but they are hidden. whitehaven has more to offer than many of the low income neighborhoods in memphis. "
    2
    Flag
  • Trulia User
    "very safe each time I have lived in this area. I also go through this neighborhood several times a day and never seen anything that would bother me or surprise me . "
    9
    Flag
  • Trulia User
    "Needs some improvement! More police patrol night & day. Need sidewalks so the people & children can walk. Need more lighting. Need playground for children and a basketball court for boys & men."
    4
    Flag
  • Trulia User
    "I talked to my neighbor from time to time. Any other no other no just wave at my neighbors when passing by. Everyone is to themselves. "
    1
    Flag
  • Trulia User
    "right in the heart of Graceland, a city mall, numerous restaurant, grocery stores, and well lit streets. Very safe neighborhood with low crime, and nearby police and fire stations "
    6
    Flag
  • Trulia User
    "Tenured neighbors are friendly and watch out for each other. Great neighborhood to live in and everyone takes care of their property. "
    2
    Flag
  • Trulia User
    "The Elvis Presley Mansion/Museum is minutes away. This neighborhood is also 10 minutes away from downtown Memphis. "
    0
    Flag
  • Mwangirajoun
    "It’s ok over here. I like the elderly people who are truly amazing. The neighborhood is decent for the most part, I actually feel safe even though it’s lower income in some areas. My kids like to go outside and it’s lots of space to play for them. I still wanna move though. I just want to have more room and a quieter environment. I honestly need a safe place to own a pet. I worry about his safety. "
    52
    Flag
  • Willdogood64
    "I have live in the area for over four year..So when I start looking to buy a home I wanted to stay in this area..I like how you can get around from end of town to the next one in 15 to 20 minute."
    18
    Flag
  • Positive E.
    "I have lived in the Diamond Estates Community for 20 years now and I have never had any problems. Everyone focuses on the upkeep of their home and maintaining their property value. You will not make a bad choice when choosing this community. "
    26
    Flag
  • Markesha M.
    "Our neighborhood is gated and code locked. The Day Estates subdivision is predominantly African American. No crime whatsoever happens behind our gates. We know each neighbor by name. It’s a small community, maybe 20 homes. The owner of the land lives in the neighborhood. The Day Estates should have a much higher property value than its given. "
    21
    Flag
  • Lisalou1227
    "I lived here for most of my life. I moved to Atlanta for 10 years and moved back here. All of the neighbors are connected and know each other very well. We look out for each other to help maintain a safe environment "
    27
    Flag
  • Markesha M.
    "Lived here in and off my whole life. I’ve never had any disruptions myself, but I know of many bad eggs that live in the area. There are also many retirees that cause no trouble at all."
    15
    Flag
  • Sherry W.
    "There isnt enough thing for the children to do around here need more affordable camps for summer time"
    4
    Flag
  • Kimberly
    "People enjoy walking their dog and enjoy the peaceful area and they have dog parks near by. a few of people walk their dog daily."
    0
    Flag
  • Trulia User
    "The community that I live in is a community of mostly older people, no parks, and no sidewalks which is very important. The Elementary school in the neighborhood has been closed."
    3
    Flag
  • Schanaquejohnson
    "I've been living in the same place for the last 24 yrs. We've raised 4 kids and grandkids here. The schools are close by in walking distance as well as shopping centers and local restaurants ."
    2
    Flag
  • Belinda B.
    "There are friendly families that lives around, parks, grocery stores, schools, community centers,gas stations and workshops "
    1
    Flag
  • Mrsknutso
    "Indian hills annual festival for kids and adults. There is food, games, m music and lots of fun and fellowship. "
    2
    Flag
  • Briharris52003
    "My neighbors are mixed in age , settled and millennials! Friendly area Historic sights.20min from everywhere! "
    0
    Flag

Market trends in White Haven-Coro Lake

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$115K
$10KMoM
Sale-to-List Price
97.2%
0.3%MoM
Price per sq ft
$86
$2MoM
Available listings
346
26MoM

Home Value

Trulia Estimate
$1.14M
Since last month
Decreased$28K (-2.4%)
Since last year
Increased$250K (+28%)
Since last sale
Increased$229K (+25.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +20% in the last 10 years
MonthEstimated value
2026
August 2026$1.14M
August 2026$1.12M
July 2026$1.17M
June 2026$1.17M
May 2026$1.2M
April 2026$1.12M
March 2026$993K
February 2026$904K
January 2026$878K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1752 Goodhaven Dr, Memphis, TN
1.04
Multi-Family Home
$118,500
04/28/26
2
2
1,247
8694 Bunker Hill Dr, Southaven, MS
3.33
Multi-Family Home
-
02/27/26
10
4.5
1,961
8185 Barclay Cv, Southaven, MS
3.87
Multi-Family Home
-
08/15/26
4
3
2,376
661 E Mallory Ave, Memphis, TN
3.68
Multi-Family Home
$80,000
01/15/26
2
2
-
774 E Davant Ave, Memphis, TN
3.78
Multi-Family Home
$20,000
08/03/26
2
2
985
4460 Sumners Wells Rd, Memphis, TN
4.03
Multi-Family Home
$116,600
06/26/26
4
2
1,634
4466 Sumners Wells Rd, Memphis, TN
4.04
Multi-Family Home
$116,600
06/26/26
4
2
1,634
4431 Arnold Cv, Memphis, TN
4.05
Multi-Family Home
$115,000
01/21/26
4
2
1,710
2416 Charjean Cv, Memphis, TN
4.25
Multi-Family Home
$188,700
08/19/26
4
2
1,738

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1311 Marlin Rd, Memphis, TN 38116
0.11
$99,999
3
1
1,498
For Sale
1324 Bonnie Dr, Memphis, TN 38116
0.13
$172,700
3
2
1,766
Off Market
1229 Marlin Rd, Memphis, TN 38116
0.15
$75,000
3
1
1,162
Recently Sold
4089 Charles Dr, Memphis, TN 38116
0.12
$176,700
3
2
1,268
Off Market
1341 Carol Dr, Memphis, TN 38116
0.17
$164,900
3
1.5
1,626
Recently Sold
1304 Carol Dr, Memphis, TN 38116
0.17
$129,000
4
2
1,759
For Sale
4064 Hermitage Dr, Memphis, TN 38116
0.17
$130,000
3
1.5
1,305
For Sale
1385 Carol Dr, Memphis, TN 38116
0.23
$198,600
3
2
1,711
Off Market
1402 Bonnie Dr, Memphis, TN 38116
0.25
$218,000
3
2.5
1,980
Off Market
4028 Charles Dr, Memphis, TN 38116
0.24
$154,400
3
2
1,561
Off Market
4018 Hermitage Dr, Memphis, TN 38116
0.26
$150,800
3
2
1,187
Off Market

Price and Tax history

DateEventPrice
Aug 6, 2026
Source: MAAR #10221886
PriceChange
$1,186,000
Price increased by 150,027%
Jul 17, 2026
Source: Zillow Rentals
ListingRemoved
$790
May 18, 2026
Source: MAAR #10221886
Listed For Sale
$1,236,000
Mar 31, 2026
Source: Zillow Rentals
Listed For Rent
$790
Aug 15, 2024
Source: MAAR #10169238
Sold
$912,000

LGBTQ Local Legal Protections

Jeffrey B Moore, Crye-Leike Commercial, (901) 758-5670
Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

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Frequently asked questions about 1283 E Raines Rd

  • What is the estimated monthly payment for 1283 E Raines Rd?
    Based on a $1,186,000 list price with 20% down at today's rates, the estimated monthly payment for 1283 E Raines Rd in Memphis, TN is approximately $7,249 (about $6,225 principal & interest, $949 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1283 E Raines Rd compare to homes in Memphis?
    1283 E Raines Rd in Memphis, TN is listed at $1,186,000, about 933% above the $115K median sale price in Memphis.
  • What do residents say about the White Haven-Coro Lake neighborhood?
    Residents describe the White Haven-Coro Lake neighborhood in Memphis, TN as well-kept, easy to park in, and pedestrian-friendly. See homes for sale in White Haven-Coro Lake, Memphis.
  • What are the closest schools to 1283 E Raines Rd?
    The closest schools to 1283 E Raines Rd in Memphis, TN are A. Maceo Walker Middle School (rated 6/10), Hillcrest High School (rated 4/10), Robert R. Church Elementary School (Pre-K, rated 4/10).
  • Does 1283 E Raines Rd have air conditioning?
    Yes, 1283 E Raines Rd in Memphis, TN has air conditioning.
  • Does 1283 E Raines Rd have parking?
    Yes, 1283 E Raines Rd in Memphis, TN has on-site parking.
1283 E Raines Rd, Memphis, TN 38116 is a studio, 14,216 sqft multi-family built in 1964. 1283 E Raines Rd is located in White Haven-Coro Lake, Memphis. This property is currently available for sale and was listed by MAAR on May 18, 2026. The MLS # for this home is MLS# 10221886.