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$ 1,186,000
Est. payment /mo
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1283 E RAINES AVE Memphis, TN 38116
14,216 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Condo
Sub Type Apartment Building
Listing Status Active
Purchase Type For Sale
Square Footage 14,216 sqft
Price per Sqft $83
Subdivision Whitehaven 1St Addn
MLS Listing ID 10229844
Year Built 1964
Annual Tax Amount $19,192
Property Sub-Type Apartment Building
Property 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
State TN
County Shelby
Area Whitehaven/Southland Mall
Interior
Heating Central
Cooling Central
Flooring Wood Laminate Floors
Equipment Refrigerator, Range/Oven (Built-In), Dishwasher
Laundry None
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Story 2
Foundation Slab
Water Electrical
Listed by Jeffrey B Moore • Crye-Leike Commercial