Rare find: package deal of 12 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, 140 Walker, 144 & 146 Midland, 307, 308, 309 Courtney, 402 Commerce, 151 Ross Rd, 317 Robin Dr, 329 Sunset St, 98 Skyline, 159 EastEnd
The median home value in Ripley, TN is $180,000. This is higher than the county median home value of $119,700. The national median home value is $338,100. The average price of homes sold in Ripley, TN is $180,000. Approximately 34.44% of Ripley homes are owned, compared to 50.72% rented, while 14.84% are vacant. Ripley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ripley real estate agent to arrange a tour today!
Ripley, Tennessee has a population of 7,856. Ripley is less family-centric than the surrounding county with 18.04% of the households containing married families with children. The county average for households married with children is 23.39%.
The median household income in Ripley, Tennessee is $35,634. The median household income for the surrounding county is $43,025 compared to the national median of $69,021. The median age of people living in Ripley is 36.1 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 28.9 degrees. The average rainfall is approximately 53.6 inches per year, with 3.7 inches of snow per year.