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$4,750,000
172 Days On Site
28U DRAKE STRipley, TN 38063
For Sale|Residential Income|Active
131
Beds
0
Total Baths
1979
Built
Subdivision:
NA
County:
Lauderdale
Listing courtesy of Pamela H Worley of Unique Properties
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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.
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Listing Snapshot
Price
$4,750,000
Days On Site
172 Days
Bedrooms
131
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1979
MLS® Number
10220264
Status
Active
Property Tax
$41,970
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Price changed to $4,750,000 | |
| 2 months ago | Status changed to Active | |
| 6 months ago | Listing first seen on site |
General Features
Foundation
Slab
Lease Term
12 Months
Parking
Concrete
Security
Smoke Detector(s)
Sewer
Public Sewer
Water Source
Public
Zoning
Co/Res
Interior Features
Appliances
RefrigeratorRangeElectric Water Heater
Basement
Storage Space
Cooling
Central Air
Flooring
LaminateTileCarpetWood
Heating
CentralElectric
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Exterior Features
Construction Details
Brick VeneerVinyl Siding
Exterior
Rain Gutters
Roof
Composition
Community Features
Association Amenities
Trash
MLS Area
Lauderdale County
Listing courtesy of Pamela H Worley of Unique Properties
Listing information is provided by Participants of the Memphis Area Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright 2026, Memphis Area Association of Realtors MLS.
Last checked: 2026-10-11 11:29 PM UTC
Listing information is provided by Participants of the Memphis Area Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright 2026, Memphis Area Association of Realtors MLS.
Last checked: 2026-10-11 11:29 PM UTC
Neighborhood & Commute
Source: Walkscore
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