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319 Wayne Ave, Ripley, TN, 38063

2beds
2baths
1,056sqft
$75,000
$71price/sqft
$689/moest. monthly cost
$27,560/yrincome needed

About This Home

This fully occupied duplex is a fantastic investment opportunity with strong income potential! Both units are designed for everyday living featuring 1 BR, 1 BA, kitchen, living, & laundry room. Located on a large lot, making it ideal for investors looking to increase value over time. Enjoy 100% occupancy from day 1. A property that's truly packed with potential, but ready for its next owner! Make it yours -- you're only a call away.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
Ripley Elementary SchoolGrades 3-50.6 mi
3/10
Ripley Middle SchoolGrades 6-80.5 mi
2/10
Ripley High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1981

Materials

  • Roof: Composition Shingles
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Other (See REMARKS),Electric Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Eat-in Kitchen,LR/DR Combination,Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Wood Laminate Floors,Part Carpet
  • Attic: Attic Access

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 1,056 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 094L D 038.00

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 0.35 Acres
  • Features: Level
  • Lot size dimensions: .35

Parking

  • Parking features: Driveway/Pad
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Earthquake
Ice Storm
Tornado
Cold Wave
Heat Wave
Lightning
Winter Weather
Hail
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $379$4,548
Home Insurance $94$1,128
Property Taxes $41$492
Electricity $175$2,103
Total$689$8,268

Income You'd Need if You Spent...

35% on housing$23,622/yr
40% on housing$20,670/yr
45% on housing$18,373/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$71This listing

vs Other Active Listings

Avg $/sqft

ZIP 38063$91
Lauderdale County$98

vs Homes Sold Last Month

Median $/sqft

ZIP 38063
Lauderdale County$117

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-08Listed for sale$85,000

For Sale by Agent

AgentEmma M Simpson
BrokerageUnique Properties

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