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$100,000 - 1308 E Raines Rd, Memphis

3
Bedrooms
Baths
2,015
SQ. Feet
0.25
Acres

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.

Essential Information

  • MLS® #:
    3129739
  • Price:
    $100,000
  • Bedrooms:
    3
  • Bathrooms:
    2.50
  • Full Baths:
    2
  • Half Baths:
    1
  • Square Footage:
    2,015
  • Acres:
    0.25
  • Year Built:
    1960
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Style:
    Traditional
  • Status:
    Active

Community Information

  • Address:
    1308 E Raines Rd
  • Subdivision:
    GRACELAND
  • City:
    Memphis
  • County:
    Shelby County, TN
  • State:
    TN
  • Zip Code:
    38116

Amenities

  • Parking Spaces:
    1
  • Garages:
    Attached, Parking Pad

Interior

  • Heating:
    Central
  • Cooling:
    Central Air
  • Fireplace:
    Yes
  • # of Fireplaces:
    1
  • # of Stories:
    1

Additional Information

  • Date Listed:
    February 11th, 2026
  • Days on Market:
    59

Listing Details

  • Listing Office:
    Resiamerica Inc

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on April 12th, 2026 at 8:09pm CDT.