For Sale
Townhouse for sale at 28u Drake St, Ripley, TN 38063 | MLS# 10220264 | Listing updated on 2026-08-25
Photo 1 of Townhouse for sale at 28u Drake St, Ripley, TN 38063 | MLS# 10220264 | Listing updated on 2026-08-25
Photo 2 of Townhouse for sale at 28u Drake St, Ripley, TN 38063 | MLS# 10220264 | Listing updated on 2026-08-25
Photo 3 of Townhouse for sale at 28u Drake St, Ripley, TN 38063 | MLS# 10220264 | Listing updated on 2026-08-25
Photo 4 of Townhouse for sale at 28u Drake St, Ripley, TN 38063 | MLS# 10220264 | Listing updated on 2026-08-25
23+
Beds Icon

Street View

$4,750,000

Monthly Est:$23,642

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

28u Drake St, Ripley, TN 38063

$23,642/moEst:

Get Pre-Approved

  • Townhouse

  • Built in 1979

  • $-- HOA

  • -- sqft lot

  • --/sqft

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.

  • Houzeo last checked: 8 hours ago
  • Listing updated: August 25, 2026 at 3:44 pm
  • Listing Provided by: Pamela Worley (731) 413-0324 | Unique Properties (731) 635-3660
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10220264 Memphis MLS (MAARMLS)-TN

Property Details

  • Status

    Active

  • Type

    Townhouse

  • No. of Stories

    -

  • County

    Lauderdale County

  • City

    Ripley

  • Neighborhood

    --

  • Year Built

    1979

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10220264

  • MLS Status

    Active

  • Days on Market

    170

  • Cumulative Days on Market

    41

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Flooring

    8 Feet, Dry Wall, Paneled, Partial Carpet, Tile, Wood Laminate Floors

  • Appliances

    Refrigerator, Range/oven (freestanding), Exhaust Fan/vent Hood, Smoke Detector(s)

  • Heating

    Central, Electrical

  • Cooling

    Central

Construction

  • Year Built

    Year Built: 1979

  • Home type

    Townhouse

  • Foundation Details

    Conventional/crawl Space, Slab, Storage Area

  • Roof

    Composition

  • Construction Materials

    Brick/veneer, Vinyl Siding, Wood/composition

Utilities & Energy

  • Association Amenities

    Dumpster

  • Parking Features

    Asphalt/blacktop, Concrete, More Than 1 Per Unit

  • Laundry Features

    Connections

Other Features

  • Subdivision Name

    Na

  • Tenant Pays

    All Utilities, Cable Tv, Security Deposit, Trash Collection

Price History

DateEventPrice

08/25/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10220264

Listed for Sale

$4,750,000

$0/sqft

Nearby Homes

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 09, 2026, 02:30PM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved.

Angela Fowler Real Estate, LLC | 423.320.4620
Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736

Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.