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$104,000

1534 E Raines Rd Memphis, TN 38116

4 beds
2 full
0.3 acres
House

Property details

About 1534 E Raines Rd

Opportunity knocks with this spacious 4-bedroom, 2-bath home located at 1534 E Raines Rd. With over 2,000 square feet of potential, this property is perfect for investors or savvy buyers looking for a renovation project. The home needs repairs and updates throughout and is being sold AS IS—no repairs will be made by the seller.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.27 Acres
Year built1963
ParkingDriveway/Pad
MLS #10202487

Summary

  • Full Bathrooms: 2
  • Flooring Type: Wall to Wall Carpet, Part Hardwood
  • Total Bedroom Count: 4
  • Parking: Driveway/Pad
  • Exterior: Other (See REMARKS)
  • Architectural Style: Ranch
  • Heating: Other
  • Cooling: Other
  • List Price: $104,000
  • Annual Tax Amount: $1,917
  • Tax Year: 2024
  • Lot: Few Trees
  • Directions: Drive East from Elvis Presley BLVD, the property will be on your right. NO SIGN
  • Year Built: 1963
  • Stories: 1
  • Lot Size: 0.27 Acres
  • MLS Number: 10202487
  • Office Name: Onward Real Estate

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: 8/1/2025, 5:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$31,475$1,917
2023$31,475$1,917
2022$31,475$1,939
2021$31,475$1,939
2020$22,750$1,648
2019$22,750$1,648
2018$22,750$935
2017$22,750$941

History based on county public records data.

Nearby schools

4

Robert R. Church Elementary School

Public District PK-5

0.4 mi

4100 Millbranch Rd

3

Freedom Preparatory Academy Whitehaven Elementary at Millbra

Public Charter KG-5

0.8 mi

3750 Millbranch Rd

4

Gardenview Elementary School

Public District PK-5

0.9 mi

4075 Hartz Dr

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 $59,059. Typical income of Memphis, TN residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

25%
<35k
56%
35k-100k
9%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
16%
Single, with Kids
25%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
12%
12-17 yrs old
19%
18-34 yrs old
46%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • BasketballBasketball
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Stein MartStein Mart
  • Ross Dress For LessRoss Dress For Less
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Jasons DeliJasons Deli
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • AcuraAcura
  • KiaKia

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1534 E Raines Rd

The listing price of 1534 E Raines Rd property is $104,000.

The property 1534 E Raines Rd is a house located in Memphis, Tennessee, 38116.

Active Listing: 1534 E Raines Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1534 E Raines Rd are: Robert R. Church Elementary School (GreatSchools Rating 4/10), Freedom Preparatory Academy Whitehaven Elementary at Millbra (GreatSchools Rating 3/10), Gardenview Elementary School (GreatSchools Rating 4/10), A. Maceo Walker Middle School (GreatSchools Rating 4/10), Freedom Preparatory Academy Whitehaven Middle at Brownlee Ca (GreatSchools Rating 4/10), Havenview Middle School (GreatSchools Rating 3/10), Hillcrest High School (ASD) (GreatSchools Rating 3/10), City University School of Liberal Arts (GreatSchools Rating 4/10), Whitehaven High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $1,917 (source: MLS/based on county public records data).

The property at 1534 E Raines Rd has 4 bedrooms and 2 bathrooms.

The year of construction for 1534 E Raines Rd is 1963.

This home is located at 1534 E Raines Rd in Memphis, TN and zip code 38116 in the Whitehaven neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 31, 2025 and is currently priced at $104,000.

While more than 73 listings in Memphis, TN in June 2025 were sold above asking price, there were more than 107 listings sold at asking price, and more than 219 were sold below. The number of homes for sale in Memphis, TN increased by 11.9% between May and June 2025. Listings spent 35 days on the market in June 2025, and had a median list price of $224,900 during the same period.

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

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