$78,000

1403 Rayner St Memphis, TN 38106

$926
Closing credit¹
3 beds
1 full
House

Property details

About 1403 Rayner St

Investment Opportunity – Rental Property Package – $1,483,000 Being sold as a package! Total Price: $1,483,000 This portfolio includes: One 10-Unit Apartment Complex for $625,000 9 Single Family Homes at $78,000 each 2 Condos at $78,000 each All Single Family Homes and Condos are currently rented — instant cash flow! Package Includes: 3718 Denver St 2574 Sunny Hill Dr 1052 Seattle St 1403 Rayner St 3707 Orland St 2292 Warren St 931 Maxey St 1439 Oriole St 1715 Graggland 3224 S. Mendenhall Rd Unit 1A and 4B 10-Unit Apartment Complex: 1034 Patton St Only can be sold as a package deal. No wholesalers and no assignments.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Year built1937
ParkingDriveway/Pad
MLS #10197757

Summary

  • Full Bathrooms: 1
  • Flooring Type: Other (See REMARKS)
  • Interior: Other (See REMARKS)
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad
  • Exterior: Other (See REMARKS)
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $78,000
  • Annual Tax Amount: $540
  • Tax Year: 2024
  • Lot: Level
  • Directions: Turn right on Rayner St.
  • Year Built: 1937
  • Stories: 1
  • MLS Number: 10197757
  • Office Name: eXp Realty, LLC

Copyright© 2025 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 is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 6:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1403 Rayner St, Memphis, TN 38106 - bungalow-style home featuring a fenced front yard, brick siding, and a porch

$78,000

1403 Rayner St

$926

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 29, 2022
Home Sold
$40,000

Tax history

YearAssessmentProperty Tax
2024$8,875$540
2023$8,875$540
2022$8,875$240
2021$8,875$240
2020$8,875$643
2019$8,875$643
2018$8,875$364
2017$8,875$406

History based on county public records data.

Nearby schools

4

Rozelle Elementary School

Public Magnet PK-5

0.8 mi

993 Roland St

3

Memphis College Preparatory

Public Charter KG-5

1.0 mi

1500 Dunn Ave

3

Memphis Delta Preparatory

Public Charter KG-5

1.1 mi

1237 College St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,051. Most Memphis, TN residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

61%
<35k
35%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
20%
Single, with Kids
8%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1403 Rayner St

The listing price of 1403 Rayner St property is $78,000.

The property 1403 Rayner St is a house located in Memphis, Tennessee, 38106.

Active Listing: 1403 Rayner St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1403 Rayner St are: Rozelle Elementary School (GreatSchools Rating 4/10), Memphis College Preparatory (GreatSchools Rating 3/10), Memphis Delta Preparatory (GreatSchools Rating 3/10), Veritas College Preparatory (GreatSchools Rating 4/10), Cummings School (GreatSchools Rating 4/10), Bellevue Middle School (GreatSchools Rating 5/10), Hamilton High School (GreatSchools Rating 1/10), Soulsville Charter School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $540 (source: MLS/based on county public records data).

The last sale was on March 29, 2022 for $40,000 (source: MLS/tax record).

The property at 1403 Rayner St has 3 bedrooms and 1 bathroom.

The year of construction for 1403 Rayner St is 1937.

This home is located at 1403 Rayner St in Memphis, TN and zip code 38106 in the Orange Mound neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $78,000.

Over 70 listings were sold over their listed price in May 2025 in Memphis, TN. In the same period over 263 listings were sold below the listed price and 110 listings were sold for the listed price. The number of listings in Memphis, TN increased by 11.3% between April and May 2025. In May 2025 median list price was $220,000 and the average listing age was 10 days.

From Rocket Homes Real Estate and based on county public records data.

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