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Updated Duplex with Mini-Split HVAC
For Sale
$149,000

414 S 5th Street, Union City, TN 38261

DUPLEX - Union City, TN

Property Size2,011 SF
Lot Size0.17 Acres
Price / SF$74.09
Days on Market182

Property Features for 414 S 5th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Laundry Room, Bedroom 1, Bathroom 2, Bathroom 1
Parking 4
Parking features Open, Alley
Patio and Porch features Porch
Exterior features Rain Gutters
Fireplace 1
Elementary school district Union City Schools
Directions From Reelfoot Ave/431 and Hwy 51 in Union City, go east on Reelfoot Ave, towards Lowes. Go approximately 0.2 miles. Turn left onto S Fifth St. Go approximately 0.4 miles. Turn right onto Florida Ave. Then turn left to continue on S Fifth St. Go approximately0.2 miles, property will be on the right.
Standard status Active
APN 048N C 028.00
Size 2,011 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 1137

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
Listing Agency: Wendell Alexander Realty
Listed By: Logan Diebold · License #358982
Added: Mar 2 Changed: Aug 8 Last Checked: Aug 31 at 1:06PM
MLS# 2600859

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.

Investment Insights

Based on property information with market context.

This 2,011-square-foot duplex was built in 1936 and sits on a 0.17-acre lot. Both units are currently occupied and have received coordinated updates, including new flooring, refreshed interior and exterior paint, updated kitchens and bathrooms, and new kitchen appliances. Mini-split heating and cooling systems have been installed throughout, while plumbing has also been replaced. The roof is approximately one year old.

Located a couple of blocks from downtown Union City, the property includes a porch, rain gutters, open and alley parking, tile and laminate flooring, and a fireplace. Public water and public sewer serve the building. The existing layout may also support conversion to a single residence, subject to applicable requirements.

Key Highlights

  • 2,011 SF duplex on a 0.17‑acre lot
  • Fully occupied two‑unit property
  • New mini‑split heating and cooling systems

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Barber Shop Locksmith Kitchen & Bath Showroom Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby

Demographics for 38261, TN

16,627
Population
7,178
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
176.9 sq mi
ZIP Area
94
Density / Sq Mi
$52,884
Median Household Income
$34,343
Median Earnings
$759
Median Rent
$141,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with refreshed interiors, updated kitchens and baths, and recent building-system improvements.
Where is this duplex located?
The property is located at 414 S 5th Street 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: 2,011 SF duplex on a 0.17‑acre lot; Fully occupied two‑unit property; New mini‑split heating and cooling systems
More about this property
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