Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    414 S 5Th St Union City, TN 38261

    Sponsored
    For Sale
    $149,000

    DUPLEX - Union City, TN

    Property size:
    2,011 SF
    Lot size:
    0.17 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 3 at 6:06 am

    Property Features for 414 S 5Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 2, Bedroom 4, Laundry Room, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
    Bedrooms
    4
    Bathrooms
    2
    APN
    048N C 028.00
    Parking
    4
    Parking features
    Alley, Open
    Patio and Porch features
    Porch
    Exterior features
    Rain Gutters
    Fireplace
    1
    Size
    2,011 SF
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1936
    Floors in Building
    1
    Flooring type
    Tile, Laminate
    Building materials
    Stucco, Wood Siding
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Logan Diebold
    Logan Diebold

    Wendell Alexander Realty (731) 364-5368

    Listing agent Logan Diebold (731) 819-2622 License #358982

    Listing date Mar 3, 2026

    MLS# 2600859 Listing URL

    Copyright © 2026 Central West Tennessee 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.

    Learn more

    Property Insight Report

    Overview

    Union City Duplex Investment

    This duplex, located a couple blocks from downtown Union City, TN, presents an investment opportunity. The property has been updated with fresh paint inside and out, new flooring, and updated bathrooms and kitchens on both sides. Each unit is ready to be rented, allowing for immediate income potential. The property size is 2011 square feet and it sits on a lot of 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Obion
    State
    Tennessee
    Longitude
    -89.061393
    Latitude
    36.422797

    Nearby Similar for Sale

    • $549,900
      4,512 SF

      Union City Commercial Property For Sale

      Income-producing property with storage facility and modern office building.
      2720 Section Line Rd, Union City, TN 38261
      View Details
    • $135,000
      1,500 SF

      Union City Retail Opportunity

      Retail or restaurant space with recent improvements in Union City.
      419 N Home St, Union City, TN 38261
      View Details
    • $99,000
      2,231 SF

      Union City Commercial Opportunity

      Versatile property with storefront, production area, and living space.
      415 S 3Rd St, Union City, TN 38261
      View Details
    • $475,000
      6,616 SF

      Turn-Key Wedding and Event Venue

      Renovated Victorian home with booked events through 2027.
      603 E Main St, Union City, TN 38261
      View Details
    • $200,000
      3,774 SF

      Union City Commercial Opportunity

      Versatile commercial space in Union City's historic district.
      202 Railroad St, Union City, TN 38261
      View Details
    • $299,900
      9,818 SF

      Union City Warehouse with Storefronts

      9,818 SF warehouse with storefront potential near downtown Union City.
      204 N 1St St, Union City, TN 38261
      View Details
    • $1,000,000
      14,376 SF

      Union City Bowling Alley For Sale

      Legacy bowling alley on 1.73 acres in Union City, Tennessee.
      2210 W Reelfoot Ave, Union City, TN 38261
      View Details
    • $319,900
      1,020 SF

      Union City Commercial Building

      Commercial building suitable for office, retail, or mixed-use ventures.
      2122 Walker Tanner Rd, Union City, TN 38261
      View Details
    • $265,000
      10,700 SF

      Versatile Automotive Facility in Union City

      Automotive facility with high visibility and easy access for customers.
      2202 Nailling Dr, Union City, TN 38261
      View Details
    • $265,000
      10,700 SF

      Union City Automotive/Warehouse Facility

      Versatile automotive facility with high visibility and easy access.
      2202 Nailling Dr, Union City, TN 38261
      View Details
    • $265,000
      10,700 SF

      Union City Automotive Facility

      Versatile automotive facility with high visibility and easy access.
      2202 Nailling Dr, Union City, TN 38261
      View Details
    • Contact for pricing
      1,600 SF

      Downtown Union City Office Space

      Office space for rent in downtown Union City.
      610 Perkins St, Union City, TN 38261
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex near downtown Union City, TN, ready for rental.
    Where is this duplex located?
    The property is located at 414 S 5Th St Union City, TN.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: - Duplex property offers immediate rental income potential.; - Recently renovated with fresh paint, new flooring, and updated bathrooms/kitchens in both units.; - Located near downtown Union City, TN.
    (731) 819-2622
    Request Owner's contact information
    414 S 5Th St Union City, TN 38261
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    414 S 5Th St
    Union City, TN 38261
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    414 S 5Th St Union City, TN 38261
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Logan Diebold
    Logan Diebold
    Real Estate License ID: 358982
    (731) 819-2622
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!