$55,000

325 E Ripley Ave Covington, TN 38019

$653
Closing credit¹
4 beds
2 full
House

Property details

About 325 E Ripley Ave

Opportunity Knocks! Large 4 bed home in Covington that is being offered at a great price. Property is unsecured (please be careful when entering or existing the property). Home needs substantial improvements/repairs but could be worth a lot of money once fixed up. Could be a great primary residence or investment property. Ideal location near the new Ford plant (Blue Oval City in Stanton, TN). Cash offers only, no creative or owner financing, no assignments or wholesalers. Seller is also selling 2355 Cuba Millington, 1646 Foster, and 325 E. Ripley (in Covington).

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Year built1921
ParkingDriveway/Pad
MLS #10191814

Summary

  • Full Bathrooms: 2
  • Flooring Type: Part Carpet
  • Total Bedroom Count: 4
  • Parking: Driveway/Pad
  • Exterior: Sidewalks
  • Architectural Style: Traditional
  • Heating: Other
  • Cooling: Other
  • List Price: $55,000
  • Annual Tax Amount: $214
  • Tax Year: 2023
  • Lot: Level
  • Directions: 51 to E on Liberty, N on Hope, W on Ripley home on L
  • Year Built: 1921
  • Stories: 1
  • MLS Number: 10191814
  • Office Name: Crye-Leike, Inc., REALTORS

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/11/2025, 9:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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325 E Ripley Ave, Covington, TN 38019 - view of front of home with covered porch, brick siding, and crawl space

$55,000

325 E Ripley Ave

$653

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 05, 2022
Home Sold
$40,000
May 31, 2005
Home Sold
$52,000

Tax history

YearAssessmentProperty Tax
2023$9,025$214
2022$6,525$214
2021$6,525$214
2020$16,300$535
2019$15,975$599
2018$15,975$599
2017$15,975$599

History based on county public records data.

Nearby schools

3

Crestview Elementary School

Public District PK-5

1.9 mi

151 Mark A Walker Blvd

3

Austin Peay Elementary School

Public District PK-5

7.7 mi

474 Academic Dr

5

Brighton Elementary School

Public District PK-5

8.1 mi

1201 Old Highway 51 S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,362. Residents of Covington, TN typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

74%
<35k
24%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
33%
Single, with Kids
13%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
33%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • KmartKmart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • FordFord

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 325 E Ripley Ave

The listing price of 325 E Ripley Ave property is $55,000.

The property 325 E Ripley Ave is a house located in Covington, Tennessee, 38019.

Active Listing: 325 E Ripley Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 325 E Ripley Ave are: Crestview Elementary School (GreatSchools Rating 3/10), Austin Peay Elementary School (GreatSchools Rating 3/10), Brighton Elementary School (GreatSchools Rating 5/10), Covington Integrated Arts Academy (GreatSchools Rating 4/10), Crestview Middle School (GreatSchools Rating 4/10), Brighton Middle School (GreatSchools Rating 4/10), Covington High School (GreatSchools Rating 5/10), Brighton High School (GreatSchools Rating 5/10), Munford High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $214 (source: MLS/based on county public records data).

The last sale was on August 5, 2022 for $40,000 (source: MLS/tax record).

The property at 325 E Ripley Ave has 4 bedrooms and 2 bathrooms.

The year of construction for 325 E Ripley Ave is 1921.

This home is located at 325 E Ripley Ave in Covington, TN and zip code 38019. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $55,000.

Covington, TN housing market in May 2025 saw over 0 listings sold above listed price, more than 5 sold at listed price and over 8 sold below. Between April and May 2025, Covington, TN real estate market has seen increase in the number of listings by 29.1%.

From Rocket Homes Real Estate and based on county public records data.

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