Price Reduction
Address
1283 E RAINES AVE, Memphis, TN
Price
$ 1,125,000
Property Attributes
- MLS#10169238
- TypeMulti-Family
- CountySHELBY
- CityMemphis
- AreaWhitehaven-Southland Mall
- NeighborhoodWHITEHAVEN 1ST ADD
- Zip38116
- StyleApartment Building
- Year Built1964
- Taxes$ 6142
- Price$ 1,125,000
- Bedrooms28
- Full Bathrooms16
- Half Bathrooms0
Data Source:
Memphis MLS (MAAR)
Property Description
This 16 unit building is located just south of the Graceland area of Whitehaven. It has been fully renovated. There are 12-2br's and 4-1br's . The scheduled monthly income is 12795/mo. Drive by only. Please do not disturb tenants.
| Price History | |
|---|---|
| 4/3/2024 | Listed $1,175,000 |
| 4/29/2024 | 5% - $1,125,000 |
General Features
| Roof | Composition |
|---|---|
| Construction | Brick,Brick/Veneer,Wood/Composition |
| Status | Active |
| Legal Subdivision Name | WHITEHAVEN 1ST ADDN |
| Stories | 2 |
| Class | Multi-Family |
| Laundry Y/N | None |
| Type | Apartment Building |
| Area | 768A |
| Status | Active |
| OPERATING EXPENSES | Insurance,Some Utilities,Repairs/Maintenance,Taxes |
| Area | Whitehaven/Southland Mall |
| Service Type | Full Service Listing |
| HEATING SYSTEMS | Central |
| COOLING SYSTEMS | Central |
| Year Built | 1964 |
| City | Memphis |
Interior Features
| Hot Water | Electrical |
|---|---|
| Total # of Units | 16 |
| # 1 Bedroom Units | 4 |
| # 2 Bedroom Units | 12 |
| FLOORS/CEILINGS | Tile,Vinyl Floor |
Exterior Features
| Foundation | Slab |
|---|---|
| Number of Buildings | 1 |
| Lot Size | 100X217 |
| Parking Facility | Asphalt/Blacktop |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 38116
Price
Taxes
Visits
Year Built
Copyright © 2024 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Listing information provided courtesy of the Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Updated: May 13, 2024 7:15 PM UTC
