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Multi-Unit Building in Athens, TN

206-216 E Madison Avenue Athens, TN 37303

206-216 E Madison Avenue, Athens, TN, 37303
$499,000
For Sale
$499,000

COMMERCIAL - Athens, TN

Property Size7,308 SF
Lot Size0.20 Acres
Price / SF$68.28
Days on Market150

Property Features for 206-216 E Madison Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Parking Lot
Interior features
Storage, High Speed Internet
Appliances
Electric Water Heater
Standard status
Active
APN
056m D 061.00
Size
7,308 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Annual Amount
1463

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1986
Flooring type
Concrete, Tile
Building materials
Brick
Roof type
Flat
Additional Structures
Storage
Listing Agency Crye-Leike REALTORS - Athens
580 S Congress Pkwy., TN
Listed by Theba Hamilton · License #315576
Added: Feb 17 Checked: Jul 17 at 2:06 pm
MLS# 20260784

Copyright © 2026 River Counties Association of 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.

Located in the heart of Athens, TN, this all-brick multi-unit building presents income opportunities. The property, with a size of 7308 square feet, is situated on a 0.2-acre lot. Each unit is currently rented month to month with long-term renters. This commercial property is suitable for those looking to purchase an income-producing property or start a new venture.

Key Highlights

  • Excellent location in the heart of Athens, TN.
  • All brick multi‑unit building.
  • Currently income producing with long‑term renters.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Skin Care Clinic Home Appliance Store Barber Shop Butcher Florist Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - All brick multi-unit building with income opportunities in Athens.
Where is this multifamily property located?
The property is located at 206-216 E Madison Avenue Athens, TN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Excellent location in the heart of Athens, TN.; All brick multi‑unit building.; Currently income producing with long‑term renters.
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More about this property
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