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

1283 E Raines Rd
Memphis, TN 38116

White Haven-Coro Lake
  • Studio
  • 14,216 sqft (on 0.50 acres)

$1,236,000

Est. Mortgage $7,327/mo*
Get Pre-Qualified

$1,236,000

Est. Mortgage $7,327/mo*
Get Pre-Qualified
Studio
14,216 sqft
(on 0.50 acres)
We estimate this home will sell faster than 90% nearby.

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.
We estimate this home will sell faster than 90% nearby.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$87
Listed
9 days ago

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: 9Days on Market: 9

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: $1,236,000Price Per Sqft: $87
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

Rental Terms, Policies & Fees

Lease Term: 12 Months

Miscellaneous

Mls Number: 10221886Living Area Range Units: Square Feet
Last check for updates: about 20 hours ago
Listing courtesy of Jeffrey B Moore
Crye-Leike Commercial, (901) 758-5670
Source: MAAR, MLS#10221886
Also Listed on MAAR.

Price History for 1283 E Raines Rd

DatePriceEventSource
05/18/2026$1,236,000Listed For SaleMAAR #10221886
03/31/2026$790Listed For RentZillow Rentals
08/15/2024$912,000Sold
MAAR #10169238
07/12/2024$995,000PendingMAAR #10169238
07/06/2024$995,000PendingToActiveMAAR #10169238
06/20/2024$995,000PendingMAAR #10169238
05/26/2024$995,000PriceChange
MAAR #10169238
04/29/2024$1,125,000PriceChange
MAAR #10169238
04/26/2024$1,175,000PendingToActiveMAAR #10169238
04/15/2024$1,175,000PendingMAAR #10169238
04/03/2024$1,175,000Listed For SaleMAAR #10169238

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Comparable Sales for 1283 E Raines Rd

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
781 W Levi Rd, Memphis, TN
3.93
Multi-Family Home
$215,000
06/24/25
-
2,486
686-688 Westview Rd, Memphis, TN
3.81
Multi-Family Home
$175,000
06/21/25
4
2
1,684
3608 Tchulahoma Rd, Memphis, TN
3.91
Multi-Family Home
$199,000
08/11/25
4
3
2,650
661 E Mallory Ave, Memphis, TN
3.68
Multi-Family Home
$80,000
01/15/26
2
2
-
522 Harahan Rd, Memphis, TN
3.92
Multi-Family Home
$65,500
08/15/25
4
2
1,350
4431 Arnold Cv, Memphis, TN
4.05
Multi-Family Home
$115,000
01/21/26
4
2
1,710

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1283 E Raines Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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 337 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 86 % 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

  • 48 % 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

  • 24 % 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

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.
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.