Owner Finance Available
516 E Raines Rd
Memphis, TN 38109
🛏️
6
Bedrooms
🚿
3
Bathrooms
📏
1,478
Sq Ft
📅
1953
Year Built
Memphis, TN 38109
6
Bedrooms
3
Bathrooms
1,478
Sq Ft
1953
Year Built
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. Sq Ft is estimated so buyer must do own due diligence. 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 key box available.
Property Type
Single Family
Year Built
1953
HOA
None
Listed Price
$174,000
Free account - No credit card required
Owner financing means the seller of 516 E Raines Rd acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Memphis, TN is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Memphis property.