Sold
Last Sold Price
2,350 sqft

110 S Main St, Ripley, TN 38063

Multi FamilyProperty Type
0.03 acresLot Size
1940Year Built
$14/sq ftPrice per sq ft

Description

Buy an apartment building and get a free house! That's right--buy one get one free in real estate! Included with the sale of 110 S Main St. Ripley is a 2 bedroom, 1 bath house located at 340 4th St. Gates. All sold as-is only. 3 one bedroom units & an efficiency unit in the apartment building. Now is your opportunity to begin your rental portfolio with over 20k per year in potential income! Your ROI could possibly be recouped in only 2 years! Schedule your private tour today. Great opportunity!Buy an apartment building and get a free house! That's right--buy one get one free in real estate! Included with the sale of 110 S Main St. Ripley is a 2 bedroom, 1 bath house located at 340 4th St. Gates. All sold as-is only. 3 one bedroom units & an efficiency unit in the apartment building. Now is your opportunity to begin your rental portfolio with over 20k per year in potential income! Your ROI could possibly be recouped in only 2 years! Schedule your private tour today. Great opportunity!
  • Listed by: Pamela Worley • Unique Properties
Listing closed: 11/16/2018 12:00 AM • Source: MAARMLS, MLS#: 10040251
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Location

Listing Courtesy of Unique Properties

Sold By Unique Properties

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Payment Calculator

$233 per month

30 year fixed, 7.03% Interest

Principal and Interest

$171

Property Taxes

$62

HOA Dues

$0

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Property Information for 110 South Main Street

Property Details

  • Taxes: $745 / year
  • MLS Type: Multi-Family / Apartment Building
  • Area: 691R
  • MAAR Subdivision Name: See Deed
  • Legal Subdivision Name: See Deed

Building Information

  • Stories: 2
  • Residences: 5
  • Year Built: 1940
  • Lot Size: 0.03 AC / 1,225 SF

Summary

Location and General Information
  • Address: 110 S MAIN ST
  • Address Search Number: 110
  • Directions: Located off the square in Ripley behind the police department/SN Anthony Insurance
  • Map Coordinate: R
  • MLS Map Num: Lauderdale County
Taxes and HOA Information
  • Hot Water: Electrical, Public Water, Public Sewer
  • LVT Date: 11-06-2018

Property

Lot Information
  • Lot Size: 49x25
  • Parcel ID: 095A I 005.01 & 039M B 009.00
Property and Assessments
  • Foundation: Slab
  • Percent Occupancy: 0
  • Service Type: Full Service Listing

Interior and Exterior Features

Exterior Features
  • Roof: Flat
Interior Features
  • Floors/Ceilings: Tile, Vinyl Floor, Partial Carpet

Multi Family

Multi-Family Information
  • Num of 1 Bedroom Units: 3
  • Num of 2 Bedroom Units: 1
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 1
  • Num of Buildings: 2
  • Num Other Units: 0
  • Assumption: No Assumption
  • Construction: Brick/Veneer, Wood/Composition
  • Cooling Systems: 1 Window Unit per Unit
  • Existing Financing: Clear
  • Gross Potential Annl Rent: $23,100
  • Heating Systems: Gas
  • Laundry: None
  • Miscellaneous Exterior: Sidewalks
  • Operating Expenses: Insurance, All Utilities, Trash Collection, Repairs/Maintenance, Pest Control, Taxes
  • Parking Facility: Offsite/Street
  • Possession: At Closing
  • Sale Includes: Building and Land, No Furnishings
  • Source Of Info: Owner, Estimated, Projected
  • Tenant Pays: Cable TV, Security Deposit, Pet Depost, Cleaning Fees
  • Type Units: Efficiency/Studio, 1 BR - 1 Bath, 2 BR - 1 Bath

Property History for 110 South Main Street

DateEvent & SourcePriceAppreciation
Nov 16, 2018

Sold (Public Record)

Public Record #634944267

$32,100

+3.0% / yr

Nov 16, 2018

Sold

MAARMLS #10040251

$32,000—
Nov 8, 2018

Contract Signed

MAARMLS #10040251

—
DateEvent & SourcePrice
11/16/2018

Sold (Public Record)

Public Record #634944267

$32,100

+3.0% / yr

11/16/2018

Sold

MAARMLS #10040251

$32,000
11/08/2018

Contract Signed

MAARMLS #10040251

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

110 South Main Street

Total Finished SqFt

2,350 SqFt

Above Grade Finished SqFt

2,350 SqFt

Stories

2

Lot Size

1,225 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1940

Schools near 110 South Main Street

This home is within Lauderdale County School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ripley Primary School
PublicPK to 2

Ripley Elementary School
Public3 to 5

Ripley Middle School
Public6 to 8

Ripley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 110 South Main Street, Ripley, TN 38063
$32,000
–
–
2,350
1,225
–
–
0.5
2,550
1,450
$30,000
–
2
4,898
6,237
$180,000
3
1,820
82,764
$284,000
3
1,996
137,649
$15,000
–
–
–
21,780

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Unique Properties

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.