1308 E RAINES RD

Active

Memphis, TN 38116

3
Bedrooms
2.5
Bathrooms
2,015.00
Sq Ft
0.2500
Acres
Updated 10 minutes ago MLS #: 3129739 Listed 1 month ago

$100,000.00

Est. Monthly: $482.64
$50
Per Sq Ft

About This Property

This 3-bedroom, 2.5-bath home offers a functional layout with plenty of potential for its next owner. The property features a single-car attached carport for convenient covered parking and a rear deck that’s perfect for relaxing or entertaining outdoors. Inside, you’ll find a spacious floor plan with ample room for comfortable living. Whether you’re a first-time homebuyer looking to add your personal touch or an investor seeking your next opportunity, this property presents great possibilities. Home is being sold in AS-IS condition. All offers must be submitted online at Auction.com. Purchasers may use any lender to finance the purchase of the property, however the seller requires that all non-cash offers must be pre-qualified by Newrez loans, prior to offer acceptance. Under FinCEN s new RRE Rule, transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed or HELOC.

Location

Subdivision GRACELAND
Directions From Raines and HWY 51(Elvis Presley), east on E Raines Rd home is on the left right past Charles Dr before the light at Faronia Rd

Interior Features

Fireplaces 1
Heating Central
Cooling Central Air
Flooring Other

Exterior & Property

Architectural Style Traditional
Stories 1
Fencing Chain Link

Schools

Property Details

Property Type Residential
Property Sub Type Single Family Residence
Year Built 1960
Annual Taxes $2,035.00
Listing Office ResiAmerica Inc
Listing Agent Christopher Mosby
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-04-04T06:37:16+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Memphis and the GRACELAND neighborhood

Memphis Market

City-wide statistics

Explore Memphis
123
Active Listings
$233,628.76
Avg Price
2,076
Avg Sq Ft
3.4
Avg Bedrooms

GRACELAND

Neighborhood statistics

Explore GRACELAND
1
Active Listings
$100,000.00
Avg Price
2,015
Avg Sq Ft
3.0
Avg Bedrooms

Price History

Recent price changes for this property

Mar 24, 2026
Price Decrease
$1,099.00 → $1,000.00
$99.00
Mar 21, 2026
Price Decrease
$1,299.00 → $1,099.00
$200.00

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3129739

Currently active listing

1 month ago • Feb 13, 2026

52 days on market

$100,000.00

Originally: $149,900.00