$1,325,000
PENDING $75K PRICE DROP

13 Investors Dream Pkwy Ripley, TN 38063

Estimated payment $8,531/month

Total Views 15,958
34 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Paneling
  • Landscaped
  • Ceiling Fan
  • Mini Split Air Conditioners
  • Central Heating and Cooling System
  • Partially Carpeted

About This Home

Rare find: package deal of 11 single family residences and 2 duplexes with an excellent gross profit. 100% occupancy rate currently with many long-term tenants in place. All properties are in good to excellent condition, several with new roofs & HVAC units in 2023. Reach out to your agent asap for full details. Addresses include: 204 A&B Drake, 219 A&B Jefferson, 144 & 146 Midland, 307, 308, 309 Courtney, 402 Commerce, 151 Ross Rd, 317 Robin Dr, 329 Sunset St, 98 Skyline, 159 EastEnd St. Ripley. This portfolio is perfect for the savvy investor looking to strengthen their rental portfolio with long term tenants in place, 100% occupied!

Listing Agent

Pamela Worley

Unique Properties License #316672 Listed on: 01/24/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • Landscaped

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Wood Composite

Interior Spaces

  • Paneling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan

Kitchen

  • Free-Standing Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Partially Carpeted
  • Vinyl

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Over 1 Space Per Unit
  • Parking Available

Utilities

  • Mini Split Air Conditioners
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 076P E 020.00, 21 094D B 010.02 095H B 016.00 095B A 024.00 095K D 001.00 094L E 019.00

Community Details

Overview

  • 15 Units
  • Vary Subdivision

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MLS Map #: 691R
  • MAAR Subdivision Name: Vary
  • Freestanding: Yes
  • Year Built: 1977
  • Construction: Brick, Wood/Composition, Vinyl Siding
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floors/Ceilings: Vinyl Floor, Partial Carpet, Dry Wall, Paneled
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher, Exhaust Fan/Vent Hood

Exterior Features

  • Foundation: Slab, Conventional/Crawl Space, Partial Basement
  • Roof: Shingle/Shake
  • Miscellaneous Exterior: Some Landscaping, Ceiling Fan(s)

Garage/Parking

  • Parking Facility: 1 Per Unit, More Than 1 Per Unit

Utilities

  • Hot Water: Electrical, Gas, Public Water, Public Sewer, Septic Tank
  • Cooling Systems: Central, Electrial, Individual Cooling
  • Heating Systems: Central, Gas, Electrical, Wall Heat

Association/Amenities

  • Amenities: Pet Restrictions

Lot Info

  • Lot Size: Varied
  • Zoning: Reside

Rental Info

  • Actual Annual Rent: 119295
  • Tenant Pays: All Utilities, Heating, Gas, Electric, Water/Sewer, Trash Collection, Cable TV, Cooling, Lawn Maintenance, Security Deposit, Pet Depost
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 076P E 020.00, 21 094D B 010.02 095H B 016.00 095B A 024.00 095K D 001.00 094L E 019.00

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 15
  • Number2 Bedroom Units: 2
  • Number3 Bedroom Units: 10
  • Number Other Units: 1
  • Type of Unit: 2 BR - 1+ Baths, 3 BR - 1 Bath, 3 BR - 1+ Baths, 4 or More Bedrooms, Unfurnished

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $1,325,000 -7.0% --
01/24/2025 01/24/25 Price Changed $1,425,000 +1.8% --
01/24/2025 01/24/25 For Sale $1,400,000 -- --
Source: Memphis Area Association of REALTORS®

Source: Memphis Area Association of REALTORS®

MLS Number: 10188719

Memphis Area Association of REALTORS®
Tennessee Lauderdale County Ripley 38063

13 Investors Dream Pkwy, Ripley, TN

This home is located at 13 Investors Dream Pkwy, Ripley, TN 38063 and is currently priced at $1,325,000. This property was built in 1977. 13 Investors Dream Pkwy is a home located in Lauderdale County with nearby schools including Ripley Primary School, Ripley Elementary School, and Ripley Middle School.

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Pamela Worley
Listing Agent
Pamela Worley
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Unique Properties
(731) 330-8965