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138 S Main St , Cornersville, TN 37047

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BEDS0 BATHS SQUARE FEET2,074 MLS#3183393
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Investor opportunity in the heart of Cornersville! This historic antebellum tri-plex sits on a spacious 0.5 acre lot and offers a unique chance to step into real estate investing or expand your portfolio.The property features three units: one 2-bedroom, 1.5-bath apartment and two 1-bedroom, 1-bath units. The one-bedroom apartments are currently tenant-occupied, generating $1,100/month and $1,000/month, while the two-bedroom unit was recently leased through April 2026 at $1,300/month. With landlord-paid utilities, the property produces over $40,000 in annual gross rental income, and $30,000 net annual income.Full of character and history, this older home comes with its share of quirks-making it an ideal fit for investors or buyers who appreciate charm and see the potential in a one-of-a-kind property. Live in the larger unit while collecting rental income from the others, or lease all three for a strong income-producing asset.Positioned on a deep lot, the property may offer the opportunity to build an additional tri-plex or income-producing structure at the rear (buyer to verify zoning, setbacks, and feasibility), creating even more upside and long-term value.If you're looking for something beyond the typical cookie-cutter rental, this is a rare opportunity to own a truly interesting property with income in place and room to grow.

138 S Main St | MLS# 3183393

This multi-family property located at 138 S Main St , Cornersville, TN 37047 is currently listed for sale with an asking price of call for price. Search Cornersville real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Radiant
Lot Size: 0.41 Acres
Stories: 3.0
Taxes: $1,616
Year Built: 1900

Feature Descriptions

Days on Site: 8
Exterior: Vinyl Siding
Flooring: Wood, Laminate
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 70X258
Parcel#: 092P B 01500 000
Sewer: Private Sewer
Units: 3
Utilities: Water Available
Water: Public

Local Schools

High School: Cornersville School
Middle School: Cornersville School
Elementary School: Cornersville Elementary

Listed By / Shown By

Listed By

Agency Name: The Bogetti Partners
Agency Phone: 6155276947

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Nashville MLS

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Estimated Payment

$ 134.67 per month $0.00 Principal & Interest $134.67 Property Tax $0.00 Homeowner's Insurance

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