# 1283 E RAINES Ave, Memphis, TN 38116 > **TL;DR:** multi-family, $1,186,000 ($83/sqft), built 1964, 14,216 sqft. Est. $6,343/mo. Listed 19 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,186,000 | | Price/sqft | $83 | | Square Feet | 14,216 | | Year Built | 1964 | | Property Type | Multi-Family (Apartment) | | Status | Active | | Days on Market | 19 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,997 | | Estimated Insurance | $346 | | **Total** | **$6,343** | ## 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, Inc. - **Phone:** 9012770477 - **Broker Phone:** (901) 756-8900 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1283-E-Raines-Rd_Memphis_TN_38116_M98235-49944?f=listhub&s=MAARTN&m=10229844&c=propsimple) ## Photos ![1283 E RAINES Ave - Photo 1](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f4266759961r.jpg) ![1283 E RAINES Ave - Photo 2](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f2407672457r.jpg) ![1283 E RAINES Ave - Photo 3](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f2119173746r.jpg) ![1283 E RAINES Ave - Photo 4](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f168518284r.jpg) ![1283 E RAINES Ave - Photo 5](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f1408043009r.jpg) ![1283 E RAINES Ave - Photo 6](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f996798788r.jpg) ![1283 E RAINES Ave - Photo 7](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f1814206644r.jpg) ![1283 E RAINES Ave - Photo 8](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f2866945293r.jpg) ![1283 E RAINES Ave - Photo 9](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f3021745099r.jpg) ![1283 E RAINES Ave - Photo 10](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f3509199991r.jpg) ![1283 E RAINES Ave - Photo 11](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f1495253063r.jpg) ![1283 E RAINES Ave - Photo 12](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f394175496r.jpg) ![1283 E RAINES Ave - Photo 13](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f3858427582r.jpg) ![1283 E RAINES Ave - Photo 14](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f2370396887r.jpg) ![1283 E RAINES Ave - Photo 15](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f4008302222r.jpg) ![1283 E RAINES Ave - Photo 16](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f2770470496r.jpg) ![1283 E RAINES Ave - Photo 17](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f1627088509r.jpg) ![1283 E RAINES Ave - Photo 18](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f3981856274r.jpg) ![1283 E RAINES Ave - Photo 19](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f3113481581r.jpg) ![1283 E RAINES Ave - Photo 20](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f3953858168r.jpg) ![1283 E RAINES Ave - Photo 21](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f3631692383r.jpg) ![1283 E RAINES Ave - Photo 22](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f1099515289r.jpg) ![1283 E RAINES Ave - Photo 23](http://lh.rdcpix.com/aa012d99a7577fa7e0fb061c7965bf81l-f1675723895r.jpg) --- **MLS#:** 10229844 | **Updated:** 2026-09-22 **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.ai/listing/1283-e-raines-ave-memphis-tn-38116-10229844) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1283-e-raines-ave-memphis-tn-38116-10229844#listing", "url": "https://www.propertysimple.ai/listing/1283-e-raines-ave-memphis-tn-38116-10229844", "name": "1283 E RAINES Ave, Memphis, TN 38116", "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. 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