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Four-Unit Apartment Building
For Sale
$165,000

132 STARDUST Dr, Ripley, TN 38063

MULTI_FAMILY - Ripley, TN

Property Size1,884 SF
Price / SF$87.58
Days on Market48

Property Features for 132 STARDUST Dr

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Skyline
Standard status Active
Size 1,884 SF

Taxes and HOA fees

Tax Annual Amount 884

Building Details

Year built 1987
Listing Agency: Pinnacle Realty
Listed By: Robert Charles
Added: Jun 26 Changed: Jul 27 Last Checked: Aug 12 at 11:06AM
MLS# 10224892

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit apartment building is being sold as-is, where-is. All units feature the same floor plan with 1 bedroom and 1 bathroom. Each unit is currently rented, and all units were renovated three years ago down to the studs.

Renovations include new windows and new exterior paint. Flooring consists of laminate in three units and vinyl plank in one unit.

The parcel was recently split, and current tax records may not reflect future tax assessment. Buyers should verify property taxes.

Key Highlights

  • 4‑unit apartment building built in 1987
  • All units are 1 bed, 1 bath, and each is currently rented for $450/month
  • All units share the same floor plan

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Big Box & Wholesale Store Spa & Massage Center Nail Salon Hair Salon Food Market Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 38063, TN

16,033
Population
7,070
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
285.2 sq mi
ZIP Area
56
Density / Sq Mi
$48,578
Median Household Income
$37,121
Median Earnings
$731
Median Rent
$137,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - As-is four-unit apartment building with identical 1-bed, 1-bath layouts and recent renovations.
Where is this quadplex located?
The property is located at 132 STARDUST Dr Ripley, TN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 4‑unit apartment building built in 1987; All units are 1 bed, 1 bath, and each is currently rented for $450/month; All units share the same floor plan
More about this property
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