Pending

$250,000

1458 Rayner St, Memphis, TN 38106

2beds

1,190sqft

Est.:

Single Family Residence

Built in 1954

8,276.4 Square Feet Lot

$245,200 Zestimate^®

$210/sqft

$-- HOA

What's special

High-income rental home stabilized with a dependable Section 8 tenant paying $1,850/mo. This property has a consistent track record of strong performance, offering guaranteed payments and significantly reduced vacancy risk. With excellent potential for long-term tenancy, the home provides investors with peace of mind and predictable cash flow. Located in a steady, high-demand rental market, this turn-key property is ideal for both new and experienced investors seeking a reliable income-producing asset with minimal management challenges. Fully Renovated!

137 days

5

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Other (See Remarks), Square Feet Source: RPR
Has fireplace: No

Interior area

Total interior livable area: 1,190 sqft

Property

Parking

Parking features: Other (See REMARKS)

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 8,276.4 Square Feet
Dimensions: 70 x 115
Features: Other (See Remarks)

Details

Parcel number: 048032 00001

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1954

Community & HOA

Community

Subdivision: South Parkway Willett

Location

Region: Memphis

Financial & listing details

Price per square foot: $210/sqft
Tax assessed value: $86,800
Annual tax amount: $555
Price range: $250K - $250K
Date on market: 11/21/2025
Cumulative days on market: 138 days

Estimated market value

$245,200

$233,000 - $257,000

$1,217/mo

Price history

Date	Event	Price
11/24/2025	Pending sale	$250,000$210/sqft
Source: MAAR #10210207 Report a problem
11/21/2025	Listed for sale	$250,000+1090.5%$210/sqft
Source: MAAR #10210207 Report a problem
6/6/2023	Sold	$21,000$18/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,144 +106.2%	$21,700 +157.6%
2024	$555 +8.1%	$8,425
2023	$513	$8,425
2022	--	$8,425
2021	--	$8,425 -1.2%
2020	$272	$8,525
2019	$272 -21.1%	$8,525
2018	$345 -45.1%	$8,525
2017	$629 +102.8%	$8,525 -6.6%
2016	$310 -11.4%	$9,125
2014	$350	$9,125
2013	--	$9,125 -16.9%
2012	--	$10,975
2011	--	$10,975
2010	--	$10,975
2009	--	$10,975 -14.9%
2008	--	$12,900
2007	--	$12,900
2006	--	$12,900
2005	--	$12,900 +12.9%
2004	--	$11,425
2003	--	$11,425
2002	--	$11,425
2001	--	$11,425 +41%
2000	--	$8,100