Sold
Last Sold Price
13,506 sqft$20/sqft
217 S Jefferson St, Ripley, TN 38063
Multi FamilyProperty Type
6,534 sq ftLot Size
1924Year Built
$20/sq ftPrice per sq ft
6 carsParking Spaces

Description

Apartment Building for sale, formally the Jeff Davis Hotel. Lots of work has been done to this hotel over the last 10 years. Owner manages and will answer any questions you have. Has the potential to bring in over 100k in rent in one calendar year. If you are looking for cashflow you have found it. Call Tony today to set up a showing.Apartment Building for sale, formally the Jeff Davis Hotel. Lots of work has been done to this hotel over the last 10 years. Owner manages and will answer any questions you have. Has the potential to bring in over 100k in rent in one calendar year. If you are looking for cashflow you have found it. Call Tony today to set up a showing.
  • Listed by: Tony Neihoff 731.298.1064 tneihoff@gmail.com • RE/MAX Realty Source
Listing closed: 07/15/2015 12:00 AM • Source: CWTAOR, MLS#: 167068

Recent comparable sales

Median sold price

$200,000

Avg days on market

50

Sale-to-list ratio

843415.0%

Ripley, TN

9 comparable properties found

an aerial view of a house with swimming pool and green space
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1

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Sold 01/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,032
Square Feet
7.6
Acres
front view of a house with a yard
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2

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Sold 08/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
12,900
Square Feet
1.5
Acres
a front view of a house with a garden
1/20
3

$1,100,000

Sold 09/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
13,000
Square Feet
Unavailable
Acres
an aerial view of a house a yard and lake
1/4
4

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Sold 11/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.85
Acres
a view of a yard with an trees
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Sold 10/11/24

Unavailable
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Unavailable
Bathrooms
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Square Feet
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Acres
$200,000 | 337 Asbury Avenue, Ripley, TN 38063
1/3
6

$200,000

Sold 11/22/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.01
Acres
a view of a car parked on the side of the road
1/2
7

$193,000

Sold 02/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,155
Square Feet
0.56
Acres
a view of an ocean
1/10
8

$357,162

Sold 12/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
62.66
Acres
a view of a lake with a big yard
1/36
9

$325,000

Sold 01/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Acres

Location

Listing Courtesy of RE/MAX Realty Source

Sold By RE/MAX Realty Source

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Payment Calculator

$1,398 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,398

Property Taxes

$0

HOA Dues

$0

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Property Information for 217 South Jefferson Street

Property Details
Building Information
  • Building/Complex: 217 S Jefferson St
  • Stories: 2
  • Residences: 15
  • Year Built: 1924
Summary
Location and General Information
  • Directions: Located in the heart of Downtown Ripley, TN
  • Fencing: None
Taxes and HOA
  • Association Fee: $0
  • Tax Map Number: 095A
Parking
  • Parking Total: 6.0
Property
Lot Information
  • Lot Size Dimensions: .15 acre
  • Lot Size Square Feet: 0.0
  • Lot Size Acres: 0.0
  • Building Area Total: 13506.0
  • Lot Size Area: 0.0
Property and Assessments
  • Parcel Number: 008.00
  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Apartment
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Stories Total: 2
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
Multi Family
Income & Expenses
  • Operating Expense: $0
Multi Family Information
  • Number Of Units Total: 15

Property History for 217 South Jefferson Street

DateEvent & SourcePriceAppreciation
Jul 15, 2015

Sold

CWTAOR #167068

$275,000
May 28, 2015

Contract Signed

CWTAOR #167068

May 15, 2015

Listed (Active)

CWTAOR #167068

$319,900
DateEvent & SourcePrice
07/15/2015

Sold

CWTAOR #167068

$275,000
05/28/2015

Contract Signed

CWTAOR #167068

05/15/2015

Listed (Active)

CWTAOR #167068

$319,900

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

Schools near 217 South Jefferson 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 217 South Jefferson Street, Ripley, TN 38063
$275,000
13,506
6,534
$109,900
4.5
3,012
57,831
$40,000
4
2,800
21,780
2
3,380
22,000
$129,000
3
1,608
30,492
2
1,532
8,352

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 RE/MAX Realty Source

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.