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16-Unit Apartment Building
For Sale
$645,000

820 Gibson Rd, Trenton, TN 38382

MULTI_FAMILY - TRENTON, TN

Property Size12,948 SF
Lot Size2.14 Acres
Price / SF$49.81
Days on Market96

Property Features for 820 Gibson Rd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 24
Rooms Bedroom 17, Bedroom 19, Bedroom 10, Bedroom 2, Bedroom 7, Bedroom 14, Bedroom 12, Bedroom 24, Bedroom 5, Bedroom 1, Bedroom 6, Bedroom 9, Bedroom 20, Bedroom 15, Bedroom 4, Bedroom 16, Bedroom 11, Bedroom 13, Bedroom 23, Bedroom 8, Bedroom 22, Bedroom 21, Bedroom 18, Bedroom 3
Elementary school TRENTON
Middle school TRENTON
High school PEABODY
Subdivision Trenton
Standard status Active
APN 011.00
Size 12,948 SF
Lot size 2.14 Acres

Taxes and HOA fees

Tax Annual Amount 1836

Amenities

communal laundry facility
office space

Building Details

Year built 1992
Number of units 16
Listing Agency: Keller Williams Experience Realty · Keller Williams Realty
Listed By: Anne Fazekas
Added: May 2 Changed: Aug 4 Last Checked: Aug 5 at 12:06AM
MLS# 136680

Copyright © 2026 Tennessee Valley 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.

Well-maintained 16-unit apartment complex built in 1992, set on a 2.14-acre lot totaling 12,948 square feet. The unit mix includes eight 1-bedroom units and eight 2-bedroom units, along with nine wheelchair-accessible units to support a range of tenant needs.

The property includes a separate office space for management or leasing and a communal laundry facility for tenant convenience. A large parking lot provides space for residents and guests, and mature trees contribute to the property’s curb appeal.

This apartment complex is in the Tennessee Housing Development Agency (THDA) Low-Income Housing Tax Credit program through 2041, with rent regulated by the program.

Key Highlights

  • 16‑unit apartment complex built in 1992 totaling 12,948 SF
  • 2.14‑acre lot with eight 1‑bedroom units and eight 2‑bedroom units
  • Nine wheelchair‑accessible units

Property Analytics

Current Use

Trenton Tower Apartments Apartment Building

Suggested Use

Top Pick Electrical Service Building Supply Plumbing Service Kitchen & Bath Showroom Bakery Real Estate Agency

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

218
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 16-unit apartment building with a mix of one- and two-bedroom units, communal laundry, and an on-site office.
Where is this apartment building located?
The property is located at 820 Gibson Rd Trenton, TN.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 16‑unit apartment complex built in 1992 totaling 12,948 SF; 2.14‑acre lot with eight 1‑bedroom units and eight 2‑bedroom units; Nine wheelchair‑accessible units
More about this property
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