Awesome Investment Property. Please do not disturb the tenants. Showings after an accepted offer. No wholesale or assignments. Rent received from the combined monthly rent is well over 1%.
Closed
$88,000
729 E Raines Rd, Memphis, TN 38116
4beds
2baths
1,870sqft
Multi Family
Built in 1951
-- sqft lot
$85,500 Zestimate®
$47/sqft
$1,112 Estimated rent
Home value
$85,500
$80,000 - $92,000
$1,112/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 08, 2026 at 06:32pm
Listing Provided by:
Kevin Brown 901-305-1713,
eXp Realty
Bought with:
Kevin Brown
eXp Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3094145
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile
Interior area
- Total structure area: 1,870
- Total interior livable area: 1,870 sqft
Property
Features
- Levels: Three Or More
- Stories: 1
Lot
- Size: 0.36 Acres
- Dimensions: 90 x 175
Details
- Parcel number: 077037 00005
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1951
Community & neighborhood
Location
- Region: Memphis
- Subdivision: Lacey Mosbys Whitehaven Park
HOA & financial
Other financial information
- Total actual rent: 700
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2024 | Sold | $88,000-11.1%$47/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3094145 Report a problem | ||
| 10/1/2024 | Pending sale | $99,000$53/sqft |
Source:  MAAR #10181756 Report a problem | ||
| 9/22/2024 | Listed for sale | $99,000+175%$53/sqft |
Source: MAAR #10181756 Report a problem | ||
| 12/18/2020 | Listing removed | $695 |
Source: Zillow Rental Manager Report a problem | ||
| 12/15/2020 | Listed for rent | $695 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,035 +12.4% | $38,600 +40.5% |
| 2024 | $1,810 +8.1% | $27,480 |
| 2023 | $1,674 | $27,480 |
Find assessor info on the county website
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 6/10Westhaven Elementary SchoolGrades: PK-5Distance: 1 mi
- 6/10A. Maceo Walker Middle SchoolGrades: 6-8Distance: 2.2 mi
- 5/10Whitehaven High SchoolGrades: 9-12Distance: 1.6 mi
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