1283 E Raines Ave, Memphis, TN 38116

$1,236,000

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List Price
$1,236,000
Status
ACTIVE
Days on Market
73
MLS#
10221886
Year Built
1964
Lot Size
100X217
Subdivision
WHITEHAVEN 1ST ADD

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.

Additional Information

Exterior Construction
Brick/Veneer, Wood/Composition
Stories
2
Roof
Composition
Foundation
Slab

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Crye-Leike Commercial.

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