About This Home

This 3-bedroom, 4-bathroom single family at 1586 E RAINES Rd in Memphis, TN is listed for $249,000 ($119 per sqft). Built in 1953, the home offers 2,101 sqft of living space on a 0.43 acres lot.

Key Features

  • Built in 1953
  • 0.43 acre lot
  • Fireplace

Property Details

1 story
2 full, 2 half
2-car garage
1953

Amenities

FireplaceHardwoodA/C
Listing Description

Nice spacious home to add to your portfolio or with minor upgrades/repairs make it move-in ready. Nice size rooms, F/P in Den, separate DR, three bedrooms and two full baths with a jack & jill bath. Two car carport and nice fenced back yard. Corner Lot with Big front Yard. "SOLD AS IS - NO WARRANTY". Presently being rented month to month. Do Not Disturb Tenants. No showings without an acceptable contract. Email offers. EM to be held at Stanley & Rainey, PC. Call Agent for additional information.

Monthly Cost Estimate

$1,332/mo

20% down · 6.5% · 30 years

Principal$180
Interest$1,079
Insurance$73

Estimates only. Actual payments may vary.

Location

1586 E RAINES Rd

Memphis, TN 38116

GRACELAND

Features & Amenities

Interior Features

Attic Access

Exterior Features

PatioPorchWrought Iron Security Drs

Property Details

Flooring

BrickHardwoodCarpet

Outdoor Features

PorchPatio

Heating

Natural GasCentral

Cooling

Central AirCeiling Fan(s)

Questions & Answers

This 3-bedroom, 4-bathroom single family at 1586 E RAINES Rd is listed at $249,000 ($119/sqft). The estimated monthly payment is $1,332 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 0.43 acre lot, Fireplace. Interior Features: Attic Access. Exterior Features: Patio, Porch, Wrought Iron Security Drs.

This property is listed by Erma Williams.

EW

Erma Williams

Agent at Crye Leike, Inc.

Listed by Crye Leike, Inc. · Broker phone: (901) 756-8900 · View on Broker Site · Broker website

MLS# 10231749· Source: Memphis Area Association of Realtors®· 24 days on PropertySimple

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.

1586 E RAINES Rd, Memphis, TN 38116

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