c.1940 Tennessee Handyman Special For Sale on 0.29 Lot Under $50K
$49,500
Tennessee handyman special situated on a charming corner lot with ample shade from mature trees, this home offers solid flooring—including some hardwood—and a spacious kitchen. With no known leaks and a sturdy foundation, it’s a great canvas for your personal touch.
Only 15 min from Reel Foot Lake State Park, Great opportunity for VRBO or AirBNB. Reel Foot has year round outdoor sportmans activities.
- 1,308sqft
- 0.29 acre lot
- Circa 1940
224 Main St, Ridgely, TN 38080
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact (731) 234-0014
Pros
Low Cost of Living & Affordable Housing
Ridgely’s cost of living is below the national average, with housing costs being especially affordableTight-Knit, Rural Community
Residents enjoy a friendly atmosphere and strong community bonds, with annual local events like the Tomato Fest and pro tips from locals mentioning low crime and neighborly vibesAbove-Average Livability Index
Citytistics rates Ridgely’s overall livability as above average, factoring in cost, education, and happinessLow Crime Rates
Reports indicate lower crime compared to many U.S. towns, adding to the town’s appeal
⚠️ Cons
Small Population & Declining Growth
With fewer than 2,000 residents and a 6.2% population drop over five years, the town faces population stagnationHigh Poverty & Low Income
Around 25% of residents live below the poverty line, and household incomes are significantly lower than the national averageLimited Amenities & Employment
The town lacks amenities like shops and entertainment, requires a car to get around, and has fewer local job opportunitiesSchool Quality Concerns
Education scores and school resources lag behind, making educational quality an area of concern
