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Sold for $650,000 on 08/26/25
    • $650,000

    242 Lake Dr, Ripley, TN 38063

    --beds
    --baths
    12,900sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $648,600 Zestimate®
    $50/sqft
    $896 Estimated rent

    Home value

    $648,600

    Estimated sales range

    Not available

    $896/mo

    Zestimate® history
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    What's special

    2-Six-unit apartment buildings and a duplex located in great area of Ripley known as 242,254, 238 Lake Drive Ripley, TN

    Zillow last checked: 8 hours ago

    Listing updated: August 26, 2025 at 12:15pm

    Listed by:

    Randal H Lankford,

    Lankford Realty Co.

    Bought with:

    Hayden Edmondson

    Epique Realty

    Source: MAAR,MLS#: 10204084MLS Logo

    Facts & features

    Interior

    Heating
    • Central, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    • Laundry: Connections
    Features
    • Flooring: Partial Carpet, Vinyl
    Interior area
    • Total interior livable area: 12,900 sqft

    Property

    Parking
    • Parking features: Asphalt/Blacktop
    Features
    • Stories: 2
    Lot
    • Size: 1.50 Acres
    • Dimensions: 1.5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1971

    Community & neighborhood

    Location
    • Region: Ripley

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    8/26/2025Sold$650,000-7.1%$50/sqft
    Source: MAAR #10204084 Report a problem
    8/22/2025Pending sale$700,000$54/sqft
    Source: MAAR #10204084 Report a problem
    8/22/2025Listed for sale$700,000$54/sqft
    Source: MAAR #10204084 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 38063

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    An equal housing lender. NMLS #10287.

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