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College Street Triplex with Hardwood Floors
For Sale
$129,000

518 S College Street, Trenton, TN 38382

Residential Income, Trenton, TN

Property Size2,466 SF
Price / SF$52.31
Days on Market404

Property Features for 518 S College Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description H-1 Historical District. Property was an existing multi-family unit so may continue as such.
Parking 3
Parking features Off Street
Window features Wood Frames
Appliances Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Elementary school district Trenton School District
Directions From the Gibson County Courthouse at College and Eaton Sts in Trenton, go south on College St, right on 5th, and turn right into the drive.
Standard status Active
APN 107E D 005.00
Size 2,466 SF

Taxes and HOA fees

Tax Annual Amount 1448

Utilities

Sewer type Public Sewer
Heating system Central
Water source Public

Amenities

stoves
refrigerators
washers
dryers
hardwood floors

Building Details

Year built 1931
Floors in Building 2
Number of units 3
Building materials Wood Siding
Roof type Shingle
Listing Agency: Heritage Real Estate, Inc
Listed By: Mason Warrington · License #338890
Added: Aug 18, 2025 Changed: Sep 7 Last Checked: Sep 25 at 10:06AM
MLS# 2504024

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.

Built in 1931, this triplex offers three residential units arranged around shared front and rear entrances leading into a common area. Hardwood floors add character, while two units include an electric range, refrigerator, washer, and dryer. The property also features central heating, wood siding, a shingle roof, off-street parking, public water, and public sewer.

Set on nearly half an acre at 518 S College Street in Trenton, the property is located a short distance from the downtown business district. The configuration supports continued use as a triplex, with the possibility of occupying one unit and leasing the other two. The source information also identifies the potential to return the property to a single-family residence with 3 bedrooms and 3 baths.

Key Highlights

  • Triplex configuration with shared front and rear entrances
  • Nearly half an acre at 518 S College Street, Trenton, TN 38382
  • Two units include stoves, refrigerators, washers, and dryers

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Big Box & Wholesale Store Bakery Kitchen & Bath Showroom

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

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

Demographics for 38382, TN

9,250
Population
4,132
Households
2.2
Avg Household Size
44
Median Age
16%
College-Educated
87%
High-School Grad
171.2 sq mi
ZIP Area
54
Density / Sq Mi
$58,125
Median Household Income
$34,737
Median Earnings
$789
Median Rent
$114,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Three-unit property with shared entry space, select appliances, off-street parking, and public water and sewer.
Where is this triplex located?
The property is located at 518 S College Street Trenton, TN.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Triplex configuration with shared front and rear entrances; Nearly half an acre at 518 S College Street, Trenton, TN 38382; Two units include stoves, refrigerators, washers, and dryers
More about this property
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