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$5,000,000

For Sale

4 months ago

28U Drake Ave, Ripley, TN

Townhouse

MLS® 10220264

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 117
Lot Size 
Approx. Age 1979
MLS® Number 10220264

Property Address: 28U Drake Ave, Ripley, TN, 38063

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number10220264
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1979
Basement
DrivewayAsphalt/Blacktop, Concrete, More Than 1 Per Unit
Garage Spaces
HeatCentral, Electrical
A/CCentral

Extras

Building and Land, No Furnishings, No Equipment, Some Appliances

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$5,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
28U Drake Ave, Ripley, TN

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