1038 E Rainbow Dr

Memphis TN 38107

2325 sq. ft.

0.19 ac.

Single-Family

Last sold for $295,000

Hannah Smith, last sold this property on 09 June 2026 after 220 days on market.

Overview

Perfect Midtown Home - All the updates have been done and so close to Rhodes! Refinished hardwood floors, Updated kitchen with newer appliances, that stay! new cabinets and granite countertops. New lighting throughout. All 3 bathrooms have been redone - new vanities, toilets and shower/tub. Plantation shutters in Great room. Semi Open Floor plan with Dining room as the hub for all your gatherings. Gorgeous sunroom/office space overlooking the huge, private backyard. 2 bedrooms 2.5 baths down and 2 XL bedrooms, 1 bathroom and loft bonus room upstairs. 1 car garage with a doublewide drive in this cove like street. Roof, HVAC & Water heater all replaced in '20/21. 100% financing available with Cadence Bank!

Features

4 bedrooms

2 bathrooms

1 carspace

1 garage space

2325 sq. ft. floor area

0.19 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 1038 E Rainbow Dr is $224.5k.

Median value

$224.5k

Estimated value range

$23k - $555k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1038 E Rainbow Dr

2026

Sold

$295,000

09 Jun 2026 by Hannah Smith, of Bluff City Realty Group, LLC

2023

Sold

$285,000

27 Jun 2023 by Loretta Martin, of Chamberwood Realty Group

Happy sellers in Memphis

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.