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For Sale
$4,750,000

28U DRAKE St, Ripley, TN 38063

Multi-Family, Ripley, TN

Property SizeContact for details
Days on Market144

Property Features for 28U DRAKE St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Co/Res
Standard status Active

Taxes and HOA fees

Tax Annual Amount 20980

Building Details

Year built 1979
Listing Agency: Unique Properties
Listed By: Pamela Worley
Added: Apr 22 Changed: Aug 25 Last Checked: Sep 12 at 1:06PM
MLS# 10220264

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.

Property Analytics

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Current Use

Single family properties

Location Intelligence

Trade Area within ½ mile

253
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

Where is this multifamily property located?
The property is located at 28U DRAKE St Ripley, TN.
What is the asking price?
The asking price for this property is $4,750,000.
More about this property
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