Attention investors, rehabbers, and savvy buyers! This diamond in the rough at 899 W. Raines Rd offers an incredible opportunity to add value and build equity. Situated on a generous lot in an established Memphis neighborhood, this property is ready for its next chapter. Whether you're looking for your next fix-and-flip project, a long-term rental addition, or a buy-and-hold investment, the potential here is undeniable. With solid bones and a desirable location convenient to major highways, shopping, schools, and employment centers, this property presents multiple exit strategies for today's investor. Bring your vision, your contractor, and your creativity! Properties with this much upside and potential don't stay on the market long. Sold As-Is. No repairs will be made by the seller.
For sale
$82,000
899 W Raines Rd, Memphis, TN 38109
3beds
1,078sqft
Single Family Residence
Built in 1968
6,534 Square Feet Lot
$98,700 Zestimate®
$76/sqft
$-- HOA
What's special
Solid bonesGenerous lot
- 2 days |
- 169 |
- 7 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Keith Townsend,
Crye-Leike of MS, Inc. 662-349-5550
Source: MAAR,MLS#: 10223299
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Kitchen
- Features: Eat-in Kitchen
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, 2 Full Primary Baths, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 1,078 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 6,534 Square Feet
- Dimensions: 62 x 106
- Features: Some Trees
Details
- Parcel number: 075137 00021
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick Veneer
Condition
- New construction: No
- Year built: 1968
Community & HOA
Community
- Subdivision: Chickasaw Village 7th Addn
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $79,600
- Annual tax amount: $1,049
- Price range: $82K - $82K
- Date on market: 6/6/2026
- Cumulative days on market: 3 days
Estimated market value
$98,700
$81,000 - $114,000
$1,177/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Listed for sale | $82,000+30.2%$76/sqft |
Source:  MAAR #10223299 Report a problem | ||
| 4/20/2005 | Sold | $63,000+142.3%$58/sqft |
Source: Public Record Report a problem | ||
| 10/13/2004 | Sold | $26,000-55.3%$24/sqft |
Source: Public Record Report a problem | ||
| 5/24/2004 | Sold | $58,167+3.9%$54/sqft |
Source: Public Record Report a problem | ||
| 2/9/2002 | Sold | $55,999+31.8%$52/sqft |
Source: Public Record Report a problem | ||
| 11/19/1996 | Sold | $42,501-20.1%$39/sqft |
Source: Public Record Report a problem | ||
| 5/31/1996 | Sold | $53,176$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,049 +16% | $19,900 +45% |
| 2024 | $904 +8.1% | $13,725 |
| 2023 | $836 | $13,725 |
| 2022 | -- | $13,725 |
| 2021 | -- | $13,725 +11.6% |
| 2020 | $393 | $12,300 |
| 2019 | $393 -21.1% | $12,300 |
| 2018 | $498 -45.1% | $12,300 |
| 2017 | $908 +134.7% | $12,300 +8.1% |
| 2016 | $387 -12.6% | $11,375 |
| 2014 | $442 | $11,375 |
| 2013 | -- | $11,375 -18% |
| 2012 | -- | $13,875 |
| 2011 | -- | $13,875 |
| 2010 | -- | $13,875 |
| 2009 | -- | $13,875 -7.2% |
| 2008 | -- | $14,950 |
| 2007 | -- | $14,950 |
| 2006 | -- | $14,950 |
| 2005 | -- | $14,950 +6.8% |
| 2004 | -- | $14,000 |
| 2003 | -- | $14,000 |
| 2002 | -- | $14,000 |
| 2001 | -- | $14,000 +37.9% |
| 2000 | -- | $10,150 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 4/10Levi Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 4/10Chickasaw Junior High SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Westwood Middle/ High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Shelby County
- Memphis
- 38109
- White Haven-Coro Lake
- 899 W Raines Rd
Nearby cities
Nearby neighborhoods
- Cordova-Appling Real estate
- Downtown Real estate
- East Memphis-Colonial-Yorkshire Real estate
- Hickory Ridge-South Riverdale Real estate
- Midtown Real estate
- Parkway Village-Oakhaven Real estate
- Raleigh Real estate
- River Oaks-Kirby-Balmoral Real estate
- Shelby Forest-Frayser Real estate
- White Haven-Coro Lake Real estate
Nearby zip codes
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