1283 E RAINES AVE, Memphis, TN 38116
1283 E RAINES AVE, Memphis, TN 38116
1283 E RAINES AVE, Memphis, TN 38116
1283 E RAINES AVE, Memphis, TN 38116
1283 E RAINES AVE, Memphis, TN 38116
1283 E RAINES AVE, Memphis, TN 38116
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$ 1,236,000
Est. payment | /mo

14,216 SqFt


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$ 1,236,000
Est. payment | /mo
Save

14,216 SqFt

Key Details

Property Type Multi-Family, Condo

Sub Type Apartment Building

Listing Status Active

Purchase Type For Sale

Square Footage 14,216 sqft

Price per Sqft $86

Subdivision Whitehaven 1St Addn

MLS Listing ID 10221886

Year Built 1964

Annual Tax Amount $19,192

Property Sub-Type Apartment Building

Property 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.

Location

State TN

County Shelby

Area Whitehaven/Southland Mall

Interior

Heating Central

Cooling Central

Flooring Wood Laminate Floors

Equipment Refrigerator, Range/Oven (Built-In), Dishwasher

Laundry None

Exterior

Parking Features Asphalt/Blacktop

Roof Type Composition

Building

Story 2

Foundation Slab

Water Electrical

Listed by Jeffrey B Moore • Crye-Leike Commercial

Nearby Locations

Carla Faye Torkelson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1283 E RAINES AVE