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Multifamily Property with MX-2 Zoning
For Sale
$350,000

200 & 202 W Main Street, Mount Carmel, TN 37645

COMMERCIAL - Mount Carmel, TN

Property Size2,250 SF
Lot Size1.00 Acre
Price / SF$155.56
Days on Market138

Property Features for 200 & 202 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning MX-2
Fireplace 1
Subdivision Walters Add
Directions From i81, take exit 57B. In 8.4 miles, take exit 1. 03. miles, turn left to W Stone Dr. S, in 4.5 miles, turn right. in 90 ft turn left. the property is on your right in 800ft. GPS friendly.
Standard status Active
APN 033a B 00800 000
Size 2,250 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 1093

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Fireplace(s), Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1945
Building materials Asbestos, Vinyl Siding
Roof type Metal
Listing Agency: The Addington Agency Bristol
Listed By: Dominick Abate · License #373146
Added: Apr 20 Changed: Aug 7 Last Checked: Sep 4 at 9:06AM
MLS# 9994140

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 multifamily property includes two tenant-occupied dwellings totaling 2,250 square feet on approximately 1 acre of deep, level land. Built in 1945, the improvements feature vinyl siding, metal roofing, fireplaces, natural gas heat, window-unit cooling, public water, and public sewer. Cable service is available, and the property includes two separate street addresses at 200 and 202 W Main Street.

Located in Mount Carmel, the site carries MX-2 zoning and combines existing residential improvements with additional land area. The current configuration provides two occupied residences while the zoning supports consideration of residential, mixed-use, or commercial concepts, subject to verification of permitted uses and intended plans. Property access for showings requires at least 48 hours’ notice and accompaniment by the listing agent or property manager.

Key Highlights

  • MX‑2 zoning on approximately 1 acre of level land
  • Two tenant‑occupied dwellings totaling 2,250 square feet
  • Two separate addresses: 200 & 202 W Main Street

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Pharmacy Electrical Service Spa & Massage Center

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 37645, TN

5,469
Population
2,115
Households
2.6
Avg Household Size
45
Median Age
15%
College-Educated
94%
High-School Grad
6.2 sq mi
ZIP Area
882
Density / Sq Mi
$71,336
Median Household Income
$37,757
Median Earnings
$804
Median Rent
$179,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Two tenant-occupied dwellings occupy a level in-town site with public utilities and mixed-use zoning.
Where is this multifamily property located?
The property is located at 200 & 202 W Main Street Mount Carmel, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: MX‑2 zoning on approximately 1 acre of level land; Two tenant‑occupied dwellings totaling 2,250 square feet; Two separate addresses: 200 & 202 W Main Street
More about this property
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