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61 Beds

$4,750,000

28U DRAKE ST, Ripley TN, 38063

Built in1979
Property typeMulti-family

Overview

Active

Listed Apr 27, 2026

Updated Aug 26

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.

$31,602/mo

Est. mortgage payment based on a $4,750,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10220264

Interior Features

Bedrooms
61
Cooling
Yes
Heating
Yes
Basement
No
MLS provider logo

Listed by Pamela Worley with Unique Properties
Listing Contact: 731-413-0324 

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Data last updated on 8/26/2026 at 3:37 AM UTC

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