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Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,696 sqft
Price per Sqft $94
MLS Listing ID 2900378
Sold Date 09/26/25
Year Built 1950
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Mixed Use
Property Description
Prime 5-Unit Investment Opportunity!!
Whether you're expanding your investment portfolio, looking to house hack by living in one unit and renting the others, or host short term/Airbnb this turnkey property has unlimited potential. Welcome to this well-maintained five-unit apartment building, perfectly situated near downtown. This fully occupied property offers a strong income stream and long-term value for investors or owner-occupants alike. Located just minutes from shopping, public transportation, and major highways, this property is ideal for tenants seeking accessibility and comfort.
Property Highlights:
5 Total Units: (3 x 2-Bedroom / 1-Bath, 2 x 1-Bedroom / 1-Bath),
Income-Producing: Strong rental history with stable, long-term tenants,
Separate Utilities: Each unit metered separately,
Shared Amenities: laundry in the common area is set up for coin washer/dryer and has separate meter. All units have updated electrical and new electrical box.
Additional properties being sold that parallel to this property include:
MLS: 3 bay Shop and three single family homes. (141 East Commerce & 145 East Commerce) and
MLS: Single story 5- unit apartment building. (137 East Commerce & 133 East Commerce)
Location
State TN
County Marshall County
Zoning C
Interior
Fireplace N
Others
Special Listing Condition Standard
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Jenn McMillion
Team Lead | TN Broker | KY Affiliate Broker | SRS® | MRP® | CRS® | ABR® | License ID: TN: 343054 KY: 247503
Team Lead | TN Broker | KY Affiliate Broker | SRS® | MRP® | CRS® | ABR® License ID: TN: 343054 KY: 247503