2 Days Ago
Location
1107 E Raines Rd #2, Memphis, TN 38116, USA
Tour 1107 E Raines Rd #2
Contact
Lin Real Estate, LLC
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One-time. Refundable.
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About 1107 E Raines Rd #2
This office space is conveniently located near major retail stores, thoroughfares, hotels and more. It is right off Elvis Presley Blvd and close to major interstates! Don't miss out on this rare find! This is a commercial building located in Memphis, TN 38116. Built in 1963, this property features 20,826 sq ft lot, and 2,868 sq ft of office space.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1107 E Raines Rd #2 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Zip code | 38116 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Memphis
studio apartments at 1107 E Raines Rd #2 cost about 15% more than the average rent price for studio apartments in Memphis.
Median rents as of Mar 7 2026.
Memphis
| Month | Median Rent |
|---|---|
| March 2024 | $650 |
| April 2024 | $705 |
| May 2024 | $769 |
| June 2024 | $765 |
| July 2024 | $885 |
| August 2024 | $1,110 |
| September 2024 | $1,155 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,159 |
| November 2025 | $1,183 |
| December 2025 | $904 |
| January 2026 | $858 |
| February 2026 | $1,202 |
| March 2026 | $1,219 |
Affordability calculator
Can I afford to live at 1107 E Raines Rd #2?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$56,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this studio monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.
Schools near 1107 E Raines Rd #2
Robert R. Church Elementary School
4100 millbranch rd
memphis, TN, 38116
PK, K-5Public
C-
Westhaven Elementary School
4585 hodge rd
memphis, TN, 38109
PK, K-5Public
C-
Geeter School
4649 horn lake rd
memphis, TN, 38109
PK, K-8Public
C-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
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Internet available near 1107 E Raines Rd #2
Getting around Memphis near 1107 E Raines Rd #2
Walking
6/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 1107 E Raines Rd #2, Memphis
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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