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4-Unit Renovated Apartment Building
For Sale
$165,000

132 Stardust Dr, Ripley, TN 38063

Four matching one-bedroom residences offer a consistent layout with recent interior and exterior improvements.

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

Property Features for 132 Stardust Dr

General Information

Standard status Active
Size 1,884 SF
Property subtype Residential Income

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Average Monthly Rent $450
Listing Agency: Pinnacle Realty
Listed By: Robert Charles
Source: Exprealty
Added: Jun 26 Changed: Aug 11 Last Checked: Aug 11 at 10:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Realty

Investment Insights

Based on property information with market context.

This 4-unit apartment property contains four one-bedroom, one-bath residences with identical floor plans. The units were renovated three years ago, including work down to the studs. Three apartments feature laminate flooring, while the remaining unit has vinyl plank flooring. Improvements also include replacement windows and fresh exterior paint. The property is being offered in its current condition.

The building is located at 132 Stardust Dr in Ripley, TN, and encompasses 1,884 SF. All four units are currently rented. The parcel was recently split, and future property-tax assessment details should be independently verified because existing tax records may not reflect the revised parcel.

Key Highlights

  • Four 1‑bedroom, 1‑bath units with matching floor plans
  • 1,884 SF apartment building at 132 Stardust Dr, Ripley, TN
  • All four units are currently rented

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

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four matching one-bedroom residences offer a consistent layout with recent interior and exterior improvements.
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: Four 1‑bedroom, 1‑bath units with matching floor plans; 1,884 SF apartment building at 132 Stardust Dr, Ripley, TN; All four units are currently rented
More about this property
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