# 1283 E RAINES Ave, Memphis, TN 38116

> **TL;DR:** multi-family, $1,236,000 ($87/sqft), built 1964, 14,216 sqft. Est. $5,356/mo. Listed 14 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,236,000 |
| Price/sqft | $87 |
| Square Feet | 14,216 |
| Year Built | 1964 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 14 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,356 |
| **Total** | **$5,356** |

## Property Highlights

- Built in 1964

## Description

### Agent 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

- **Address:** 1283 E RAINES Ave, Memphis, TN 38116
- **County:** Shelby
- **Neighborhood:** WHITEHAVEN 1ST ADDN
- **Coordinates:** 35.035269, -90.021213
- **Google Maps:** https://www.google.com/maps?q=35.035269,-90.021213

## Listing Agent

- **Name:** Jeffrey Moore
- **Brokerage:** Crye-Leike Commercial
- **Phone:** 9012770477
- **Email:** jeff.moore@crye-leike.com

## Primary Photo

![1283 E RAINES Ave - Primary Photo](http://lh.rdcpix.com/d79c352422984104d3cf2aa15d069f28l-f2407672457r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.com/listing/1283-e-raines-ave-memphis-tn-38116-10221886)*

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**MLS#:** 10221886 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1283-e-raines-ave-memphis-tn-38116-10221886)

---

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