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Two-Dwelling Multifamily Property
For Sale
$350,000

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

Commercial Sale, Mount Carmel, TN

Property Size2,250 SF
Lot Size1.00 Acre
Price / SF$155.56
Days on Market142

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: Sep 8 Last Checked: Sep 8 at 5:06PM
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. Built in 1945, the residences feature vinyl siding and asbestos construction materials, metal roofing, natural-gas heat, fireplaces, and window-unit cooling. Public water and public sewer serve the property, with cable availability also reported.

Located at 200 & 202 W Main Street in Mount Carmel, the parcel carries MX-2 zoning. The existing dwellings provide an established residential configuration while the site also includes substantial land area for future planning subject to verification of zoning and intended use. Showings require at least 48 hours’ notice and must be accompanied by the listing agent or property manager due to tenant occupancy.

Key Highlights

  • Two tenant‑occupied dwellings totaling 2,250 square feet
  • Approximately 1 acre of land at 200 & 202 W Main Street
  • MX‑2 zoning

Property Analytics

Current Use

Duplexes

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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Tenant-occupied residences sit on level land with MX-2 zoning and public utilities.
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: Two tenant‑occupied dwellings totaling 2,250 square feet; Approximately 1 acre of land at 200 & 202 W Main Street; MX‑2 zoning
More about this property
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