1316 E Raines Rd, Memphis, TN 38116
Property image
Property image
OFF MARKET

$157,300

Trulia Estimate
as of Oct 14, 2026
  • 3 Beds
  • 1.5 Baths
  • 1,297 sqft

1316 E Raines Rd, Memphis, TN 38116

Whitehaven

Home Highlights

Single-Family Home
1,297 sqft
$121/sqft
Carport

Local Information

  • Map ViewExplore the area around 1316 E Raines Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Large fenced backyardNewly renovated homeCovered carportSpacious layout
Newly Renovated Home In Memphis
 Section 8 Welcomed
3 Bed | 2 Bath | Spacious Layout Large fenced backyard + covered carport.Located on East Raines with easy access to shopping, schools, and major roads.

Move-in ready and won't last long!

REQUIREMENTS: -You must make 3X the rent amount & show proof of employment -Rental History -We do not accept any rental judgements, or any evictions within the last 5 years also we do not accept any bankruptcies within the last 5 years, and we do not accept any felonies on the background.
Application Fee: $130.00
Administration Fee: $50.00
This home qualifies for Obligo, a deposit-free move-in option for approved renters. Instead of paying a traditional security deposit upfront, you can use Obligo, which provides the deposit coverage on your behalf. That means lower move-in costs and more cash in your pocket on day one, subject to approval"

**Scam Warning

Rivercity does not advertise on Craigslist. We will never ask you to wire money or request funds through a payment app on your mobile device. You will be asked to bring a property reservation fee to our office location. Please exercise caution and reach out to us directly if you have any concerns or questions!! Contact us to schedule a showing.
1316 E Raines Rd, Memphis, TN 38116 is a 3 bedroom, 2 bathroom, 1,297 sqft single-family home in Whitehaven. It last sold for $75,000 on Dec 20, 2022 (5,276% above the $1,395 asking price). More recently, it was listed as a rental in April 2026 with an asking price of $1,550 per month. That rental listing was removed on May 15, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $157,300, with a rent estimate of $1,333/month.

Home Details for 1316 E Raines Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Heating & Cooling
Air ConditioningCooling System: Air Conditioner, Central Air

Exterior Features

Parking & Garage
Parking: Carport Off Street, On Site

Comparable Sales for 1316 E Raines Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1229 Marlin Rd, Memphis, TN
0.23
Single-Family Home
$75,000
05/01/26
3
1
1,162 sqft
1308 E Raines Rd, Memphis, TN
0.02
Single-Family Home
$89,250
06/02/26
4
2.5
2,029 sqft
1284 David Dr, Memphis, TN
0.30
Single-Family Home
$84,000
01/23/26
3
2
1,331 sqft
1311 Marlin Rd, Memphis, TN
0.13
Single-Family Home
$120,000
10/07/26
3
1
1,498 sqft
1509 Carol Dr, Memphis, TN
0.37
Single-Family Home
$94,600
03/02/26
3
2
1,235 sqft
1441 Carol Dr, Memphis, TN
0.25
Single-Family Home
$50,900
03/17/26
3
2
1,358 sqft
1401 Carol Dr, Memphis, TN
0.18
Single-Family Home
$145,000
09/30/26
3
2
1,198 sqft
1341 Carol Dr, Memphis, TN
0.10
Single-Family Home
$164,900
03/16/26
3
1.5
1,626 sqft
4029 Hermitage Dr, Memphis, TN
0.21
Single-Family Home
$175,000
09/01/26
3
2
1,215 sqft
1381 Laudeen Dr, Memphis, TN
0.33
Single-Family Home
$120,000
01/23/26
3
1.5
1,141 sqft

Nearby homes

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Around this home

Neighborhood Overview

Whitehaven
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
May 15, 2026
Source: Zillow Rentals
ListingRemoved
$1,395
May 6, 2026
Source: Zillow Rentals
PriceChange
$1,395
Price decreased by 7%
Apr 29, 2026
Source: Zillow Rentals
PriceChange
$1,495
Price decreased by 4%
Apr 1, 2026
Source: Zillow Rentals
Listed For Rent
$1,550
Apr 1, 2026
Source: Zillow Rentals
ListingRemoved
$1,295

Frequently asked questions about 1316 E Raines Rd

  • What is 1316 E Raines Rd estimated to be worth?
    Trulia's estimated value for 1316 E Raines Rd in Memphis, TN is $157,300.
  • What is the price history for 1316 E Raines Rd?
    1316 E Raines Rd in Memphis, TN last sold for $75,000 in December 2022.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $151K. That is down $3K from the prior month.
  • Does 1316 E Raines Rd have air conditioning?
    Yes, 1316 E Raines Rd in Memphis, TN has air conditioning.
  • Does 1316 E Raines Rd have parking?
    Yes, 1316 E Raines Rd in Memphis, TN has on-site parking.

Homes for rent near 1316 E Raines Rd

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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