Description
Huge investment portfolio consisting of 61 rentable units in Ripley: 36 townhomes consisting of 2 bedrooms & 1.5 baths. 16 apartments consisting of 2 bedrooms, 1 bath each. 9 single family houses consisting of 3 bedrooms & 2 baths. All have termite contracts in place and monthly maintenance sprays. Townhomes have newer roofs & HVAC units @ 2 years old. All are well maintained by owner. There are 5 townhomes on the rear of the Jefferson St property that are vacant and in need of full renovations, no value is attributed to these units. More information available for serious, qualified or cash investors.
Details
| MLS # | 10220264 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 125 |
| Listing Provided By | Unique Properties | Pamela Worley |
Features
| Units | 61 |
|---|---|
| Building(s) | 20 |
| Zoning | Co/Res |
Interior
| Appliances Or Equipment | Exhaust Fan/Vent Hood, Range/Oven (Freestanding), Refrigerator, Smoke Detector(s) |
|---|
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick/Veneer, Vinyl Siding, Wood/Composition |
| Foundation | Conventional/Crawl Space, Slab, Storage Area |
Parking
| Parking Facility | Asphalt/Blacktop, Concrete, More Than 1 Per Unit |
|---|
Area Information
| State | TN |
|---|---|
| County | Lauderdale |
| City | Ripley |
| Zip Code | 38063 |
| Area | Lauderdale County |
| Subarea | 691 |
| Listing VS Median (in NA) | |
Price: $5,000,000 low | high Med: $0 On site: 125 low | high Med: | |
Market Activity 38063
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Learn More About This Property
| State | TN |
|---|---|
| County | Lauderdale |
| City | Ripley |
| Zip Code | 38063 |
| Area | Lauderdale County |
| Subarea | 691 |
| Listing VS Median (in NA) | |
Price: $5,000,000 low | high Med: $0 On site: 125 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $3.75M - $6.25M
sqft: 0 - 0
 | $225,000210 Church StRipley, TN 38063 |
Listing Updated: August 3, 2026 at 6:04:57 PM PDT