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    3251 Main St Pikeville, TN 37367

    New
    For Sale
    $650,000

    MULTI_FAMILY - Pikeville, TN

    Property size:
    2,200 SF
    Lot size:
    0.44 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 11 at 3:06 pm

    Property Features for 3251 Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Spa
    1
    Window features
    Vinyl Frames, Storm Window(s)
    Rooms
    Bedroom 4, Bedroom 1, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 5
    Bedrooms
    7
    APN
    0651 B 006.00
    Parking features
    Garage, Parking Lot, Off Street, On Street
    Patio and Porch features
    Deck, Patio
    Pets allowed
    Yes, Size Limit, Cats OK, Number Limit, Dogs OK
    Interior features
    Breakfast Bar, Ceiling Fan(s), Connected Shared Bathroom, Double Vanity, Eat-in Kitchen, High Ceilings, In-Law Floorplan, Laminate Counters, Open Floorplan, Pantry, Plumbed, Recessed Lighting, Sitting Area, Storage, Tub/shower Combo, Walk-In Closet(s), Wired for Sound
    Exterior features
    Awning(s), Balcony, Courtyard, Private Yard, Rain Gutters, Storage, Uncovered Courtyard
    Fencing
    Gate, Fenced
    Appliances
    Water Softener Owned, Water Purifier Owned, Refrigerator, Microwave, Free-Standing Refrigerator, Free-Standing Range, Free-Standing Electric Range, Exhaust Fan, Electric Water Heater, Electric Cooktop
    Size
    2,200 SF
    Lot size
    0.44 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central, Ceiling
    Cooling system
    Varies by Unit, Central Air, Multi Units
    Water source
    Public

    Building Details

    Year built
    1970
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Vinyl, Simulated wood, Concrete
    Building materials
    Block, Brick, Vinyl Siding
    Roof type
    Metal
    Additional Structures
    Storage, Guest House

    Crye*Leike Brown 1st Choice Realty (931) 287-4069 [email protected]

    Listing agent Cynthia Nipper (423) 447-7355 License #353080

    Listing date Dec 6, 2025

    MLS# 1524917 Listing URL

    Copyright © 2025 Greater Chattanooga 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

    Versatile Income Property in Pikeville

    This versatile property, situated in the heart of downtown Pikeville, Tennessee, presents a unique opportunity with six potential income-producing units. The main feature is a spacious 3-bedroom, 2-bath upstairs apartment that overlooks a courtyard and pool area, suitable for personal residence or rental. Additionally, there are three separate 1-bedroom, 1-bath apartments, each ideal for generating rental income. The property also includes an approximately 600 sq ft storefront space, which could serve as a recreation area. A large garage on the backside of the property offers potential as a handyman workspace, storage, or additional rental space. The property is located on a 0.44-acre lot. The total property size is 2200 square feet. This property offers exceptional flexibility and value for investors or those seeking a place to live while generating income.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pikeville
    County
    Bledsoe
    State
    Tennessee
    Longitude
    -85.189374
    Latitude
    35.607416

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    FAQs

    What type of property is this?
    Mixed-use property - Six potential income-producing units in a prime downtown location.
    Where is this mixed-use property located?
    The property is located at 3251 Main St Pikeville, TN.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Six potential income-producing units in one property; - Spacious 3-bedroom, 2-bath upstairs apartment, suitable for residence or rental; - Three separate 1-bedroom, 1-bath apartments for steady rental income
    (423) 447-7355
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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
    3251 Main St Pikeville, TN 37367
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