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About This Home
This 0-bedroom, 0-bathroom multi-family at 1283 E RAINES Ave in Memphis, TN is listed for $1,236,000 ($87 per sqft). Built in 1964, the home offers 14,216 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1964
Property Details
Monthly Cost Estimate
$6,610/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1283 E RAINES Ave
Memphis, TN 38116
WHITEHAVEN 1ST ADDN
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1283 E RAINES Ave is listed at $1,236,000 ($87/sqft). The estimated monthly payment is $5,356 based on 20% down at 6.5% interest.
Key features include: Built in 1964.
This property is listed by Jeffrey Moore and can be reached at 9012770477 or jeff.moore@crye-leike.com.
