About This Home

Built in 1966, this 1,599-square-foot split-level single-family home offers four bedrooms and two bathrooms in Raleigh Terrace 1st Addn in Memphis, TN. The property sits on a 0.21-acre lot and includes a covered patio. Priced at $89,900, the home presents an opportunity for investors or buyers seeking a renovation project with future potential.

It is being sold as is, allowing the next owner to evaluate and complete updates according to their plans. Proof of funds is required with all offers. The buyer’s agent is responsible for a $200 offer management fee at closing of any accepted offer. This Memphis property combines a defined split-level layout, established construction from the 1960s, and outdoor covered-patio space on a residential lot.

Key Features

  • Built in 1966
  • 0.21 acre lot

Property Details

1 story
2 full
1966
Listing Description

Great opportunity for investors or buyers. Split level home offers solid potential for renovation & future upside. Property is being sold as is. Proof of funds required with all offers. BUYER'S AGENT TO PAY A $200.00 OFFER MANAGEMENT FEE AT CLOSING OF ANY ACCEPTED OFFER.

Monthly Cost Estimate

$481/mo

20% down · 6.5% · 30 years

Principal$65
Interest$390
Insurance$26

Estimates only. Actual payments may vary.

Location

4178 CRAIN Rd

Memphis, TN 38128

RALEIGH TERRACE 1ST ADDN

Features & Amenities

Exterior Features

Covered Patio

Property Details

Outdoor Features

Patio

Parking

DrivewayGarage

Questions & Answers

This 4-bedroom, 2-bathroom single family at 4178 CRAIN Rd is listed at $89,900 ($56/sqft). The estimated monthly payment is $481 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1966, 0.21 acre lot. Exterior Features: Covered Patio.

This property is listed by Courtney Read and can be reached at 9012825624.

CR

Courtney Read

Agent at Vylla Home

(901) 282-5624
Agent website

Listed by Vylla Home · Broker phone: (615) 522-5815 · View on Broker Site · Broker website

MLS# 10221905· Source: Memphis Area Association of Realtors®· 122 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.

4178 CRAIN Rd, Memphis, TN 38128

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