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    312 Cherry Ave Mc Kenzie, TN 38201

    For Sale
    $159,000

    Two Story,Multi-family - MCKENZIE, TN

    Property size:
    1,304 SF
    Lot size:
    0.60 Acres
    Days on Market:
    256
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 312 Cherry Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    006.00
    Parking features
    Off Street
    Exterior features
    Corner Lot
    Size
    1,304 SF
    Lot size
    0.60 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    1936
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Tennessee Valley Realty and Investment Group, PLLC (731) 535-0337

    Listing agent George James Lambros III (731) 242-2045

    Listing date Mar 27, 2025

    MLS# 133909 Listing URL

    Copyright © 2025 Tennessee Valley 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.

    Overview

    McKenzie Multi-Family Near Bethel University

    Located in McKenzie, Tennessee, this two-story multi-family property features 1304 square feet of living space. Situated on a 0.6-acre lot, the property offers ample parking. The building is currently configured as an upstairs/downstairs rental with two bedrooms and two bathrooms. It is located within walking distance of Bethel University and local shopping. The property could be maintained as a rental or converted back to a single-family home. The current tenants have a lease through the end of November.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mc Kenzie
    County
    Carroll
    State
    Tennessee
    Longitude
    -88.51716
    Latitude
    36.136226

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    FAQs

    What type of property is this?
    Duplex - Two-story multi-family property near Bethel University and shopping.
    Where is this duplex located?
    The property is located at 312 Cherry Ave Mc Kenzie, TN.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: - Prime Location in the heart of Mc Kenzie, with convenient access to amenities.; - Rental Income Potential as an upstairs/downstairs rental, providing immediate income.; - Conversion Flexibility: Easily convertible back to a single-family home.
    (731) 242-2045
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    312 Cherry Ave Mc Kenzie, TN 38201
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