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Multifamily Building with Rental Suite
For Sale
$249,900

130 Main St, New Tazewell, TN 37825

Multi-Family, New Tazewell, TN

Property Size7,200 SF
Price / SF$34.71
Days on Market517

Property Features for 130 Main St

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Off Street
Directions New Tazewell from N. Broad St., turn onto First Avenue, left on Main St. 130 Main St. will be on left before reaching intersection of 3rd Avenue.
Subdivision Claiborne County - 44
Standard status Active
APN 095J C 030.00
Size 7,200 SF

Taxes and HOA fees

Tax Annual Amount 1709

Utilities

Heating system Heat Pump (Heating), Electric (Heating), Natural Gas
Cooling system Ceiling Fan(s), Window Unit(s), Central Air

Building Details

Year built 1946
Number of units 4
Flooring type Laminate, Carpet
Building materials Brick, Block
Roof type Asphalt
Listing Agency: Ball Realty & Auction, Inc.
Listed By: Jennifer Nunn
Added: Apr 2, 2025 Changed: Aug 19 Last Checked: Aug 31 at 11:06AM
MLS# 1296760

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7,200-square-foot multifamily property, built in 1946, is arranged across multiple levels with entrances from Main Street and Cherry Street. The upper level includes a rented one-bedroom apartment and additional unfinished space that can accommodate another suite. The main level is occupied by a church, while the basement provides two separate bathrooms. Bathrooms are located throughout the levels and suites.

The building features brick and block construction, laminate and carpet flooring, asphalt roofing, and two separate heating and air-conditioning units. Heating includes heat pumps, electric service, and natural gas; cooling is provided by central air, window units, and ceiling fans. Off-street parking is available at 130 Main St in New Tazewell, Tennessee.

Key Highlights

  • 7,200‑square‑foot multifamily building at 130 Main St, New Tazewell, TN 37825
  • Upper level includes a rented one‑bedroom apartment
  • Additional upper‑level space is available for a second rental suite

Property Analytics

Current Use

Churches & religious facilities

Suggested Use

Top Pick Electrical Service Law Firm Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 37825, TN

8,958
Population
4,040
Households
2.2
Avg Household Size
44
Median Age
16%
College-Educated
84%
High-School Grad
87.0 sq mi
ZIP Area
103
Density / Sq Mi
$51,573
Median Household Income
$34,357
Median Earnings
$684
Median Rent
$146,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multi-level property with separate entrances, multiple bathrooms, and a combination of occupied and adaptable interior space.
Where is this multifamily property located?
The property is located at 130 Main St New Tazewell, TN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 7,200‑square‑foot multifamily building at 130 Main St, New Tazewell, TN 37825; Upper level includes a rented one‑bedroom apartment; Additional upper‑level space is available for a second rental suite
More about this property
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