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Listed by Clinton Ross Morford • Byers & Harvey Inc.
$ 250,000
Est. payment | /mo
2,215 SqFt
$ 250,000
Est. payment | /mo
2,215 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,215 sqft
Price per Sqft $112
MLS Listing ID 3069426
HOA Y/N No
Year Built 1930
Annual Tax Amount $1,244
Property Description
This partially remodeled 4-plex has ample room for an investor to complete rehab, and have a solid ROI. Sold As- Is. New windows installed in 2024, and new siding installed 12/2025. Located in the Dog Hill neighborhood, this investment is in an "Opportunity Zone", eligible for HUGE tax benefits! (link in MLS) It is NOT in the Historic district, so remodel plans won't need to go through Planning Commission. Units #1 and #2 are month to month, unit #4 lease renews in Feb/2026, and unit #3 is vacant for showings. (Unit #4 - 85% remodeled) (Unit #3 - 50% remodeled) (Units #1 & #2 need full remodel). There are 4 electric meters on house, yet one HVAC/Thermostat in Unit#3. Options could be to add mini split in each unit, and charge tenants for electric, or charge a monthly electric fee per tenant, as-is. Water is on one meter, so the owner pays that bill as well, and a fee can be charged per unit for that service also. New owner also has the option of adding 3 more water meters, and charging tenants individually, per usage. 2 minute walk to Downtown!!
Location
State TN
County Montgomery County
Zoning R-4
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Vinyl
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Asphalt
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Norman Smith Elementary
Middle Schools Rossview Middle
High Schools Rossview High
Others
Senior Community false
Special Listing Condition Owner Agent
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Kyle Woodard
REALTOR® | Lic# 347842