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(901) 338-3646 Email (901) 338-3646
Carolyn Hooker
REALTOR®, GRI
(901) 338-3646

28u Drake St, Ripley, TN 38063

$5,000,000
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  • 28u Drake St, Ripley, TN 38063 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#10220264
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNA NEIGHBORHOODLauderdale County
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Property 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.

28u Drake St | MLS# 10220264

This multi-family property located at 28u Drake St, Ripley, TN 38063 is currently listed for sale with an asking price of $5,000,000. Search Lauderdale County real estate on carolynhooker.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central, Electrical
Roof Type: Composition
Year Built: 1979

Feature Descriptions

Floors/ Ceilings: Tile, Partial Carpet, Wood Laminate Floors, Dry Wall, Paneled,8 Feet
Units: 61

Listed By / Shown By

Listed By

Agency Name: Unique Properties

Shown By

Agent Name: Carolyn Hooker
Agent Phone: (901) 338-3646
Agency Title: Crye-Leike Real Estate Services

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Source: MAAR MLS

Estimate Your Payment

Estimated Payment

$ 12,586.17 per month $11,127.83 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,458.33 Homeowner's Insurance

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Carolyn Hooker
Carolyn Hooker Cell: (901) 338-3646 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 04/28/2026. The listing information on this page last changed on 04/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/28/2026 12:02:13 AM EST) or MAAR MLS (last updated Mon 04/27/2026 11:57:51 PM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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