516 E Raines Rd
Memphis, TN 38109
Map
- 6 beds
- 2.5 baths
- – sqft
- 1953 build
- – on site
Well-maintained 6-bed, 2.5-bath home in Whitehaven with tons of potential! The main house offers 4 beds, 1.5 baths, updated front windows, and a 2-year-old roof. Enjoy a spacious in-and-out front driveway and a huge backyard. The separate in-law suite features 2 beds, 1 full bath, LR, kitchen, its own address, and private parking pad—perfect for rental income or multigenerational living. Previously used as a commercial tax office. SOLD AS IS. Ideal for investors seeking dual income or homeowners looking to rent part of the home. No owner financing. Don’t miss this versatile opportunity! Seller will need to remain in the property 30 days after closing. For appointments please contact Broker Bay who will make arrangements with the Seller to show the property. No sign / no keybox available.
Last checked:
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Last updated Jul 17, 2025
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MLS# 10201456 —
The Building
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Construction Status:Existing Property
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Style:Other
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Type:Detached Single Family
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Roof:Composition Shingles
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Exterior/Windows:Wood/Composition, Stone, Aluminum Windows, Other
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Detached Unit Type:General Residential
Interior
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Living/Dining/Kitchen:Separate Living Room, Separate Dining Room
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Floors/Ceilings:Part Carpet
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Additional Bed/Bath Info:Primary Down, Full Bath Down, Other
Financial & Terms
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Warranty/Possible Addenda:Other
Location
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Map Coordinate:E
The Property
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Area:763E
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Acres:0.42
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Lot Description:Some Trees
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Lot Size:100 Sqft
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Miscellaneous Exterior:Wrought Iron Security Doors, Patio, Storage
Listing Agent
- Contact info:
- Agent phone:
- (901) 672-3720
- Office phone:
- (901) 692-9253
Heating & Cooling
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Heating:Central
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Cooling:Central , Window Units
Utilities
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Water and Sewer:Public Water, Public Sewer
The Community
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Neighborhood Association:None
Parking
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Parking Display:G1A
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Parking/Storage:Driveway/Pad, Circular Ddrive, Front-Load Garage, Other
Monthly cost estimate
Asking price
$200,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,070
|
| Taxes | $311 |
| Insurance | $55 |
| Utilities | N/A |
| Total | $1,436/mo.* |
| *This is an estimate |
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/17/25
Jul 17, 2025
|
Listed / Active | MAARMLS | $200,000 |
