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Historic Trenton Triplex Opportunity
For Sale
$129,000

518 S College Street, Trenton, TN 38382

DUPLEX - Trenton, TN

Property Size2,466 SF
Price / SF$52.31
Days on Market359

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

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: Jul 18 Last Checked: Aug 11 at 8:06AM
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.

Located on historic College Street in Trenton, this property offers multiple options for the buyer. It can be maintained as an income-producing triplex, or the owner can live in one unit while leasing the other two. Alternatively, it can be converted back into a single-family home with 3 bedrooms and 3 baths. The property features front and rear entrances into a common area and beautiful hardwood floors. Stoves, refrigerators, washers, and dryers are included in two of the units. The total square footage is over 3,400, and the property sits on nearly half an acre, just blocks from the downtown business district.

Key Highlights

  • Triplex on Trenton’s historic College Street with flexible buyer options (keep as triplex or convert to single‑family with 3 beds/3 baths)
  • Front and rear entrances into a common area, plus hardwood floors
  • Over 3,400 sq ft total (per provided info) on nearly half an acre just blocks from the downtown business district

Property Analytics

Current Use

Triplexes

Suggested Use

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

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

78
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Income-producing triplex or single-family conversion near downtown Trenton.
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 on Trenton’s historic College Street with flexible buyer options (keep as triplex or convert to single‑family with 3 beds/3 baths); Front and rear entrances into a common area, plus hardwood floors; Over 3,400 sq ft total (per provided info) on nearly half an acre just blocks from the downtown business district
More about this property
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