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16-Unit Apartment Complex
For Sale
$645,000

820 Gibson Rd, Trenton, TN 38382

Residential Income, TRENTON, TN

Property Size12,948 SF
Lot Size2.14 Acres
Price / SF$49.81
Days on Market141

Property Features for 820 Gibson Rd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 24
Rooms Bedroom 15, Bedroom 2, Bedroom 17, Bedroom 22, Bedroom 8, Bedroom 1, Bedroom 9, Bedroom 3, Bedroom 12, Bedroom 20, Bedroom 11, Bedroom 14, Bedroom 18, Bedroom 10, Bedroom 21, Bedroom 6, Bedroom 13, Bedroom 16, Bedroom 24, Bedroom 4, Bedroom 5, Bedroom 19, Bedroom 7, Bedroom 23
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

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: Sep 15 Last Checked: Sep 19 at 9:06AM
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.

This 16-unit apartment complex contains 12,948 square feet on a 2.14-acre site and was built in 1992. The unit mix includes eight 1-bedroom apartments and eight 2-bedroom apartments, with nine wheelchair-accessible units. Property improvements also include a separate office for management or leasing, a communal laundry facility, and a large parking area serving residents and guests.

The property is located at 820 Gibson Rd in Trenton, Tennessee, approximately 30 miles from Jackson. Mature trees surround the complex and contribute to its established setting. The community participates in the Tennessee Housing Development Agency Low-Income Housing Tax Credit program through 2041, with rents regulated by the program.

Key Highlights

  • 16‑unit apartment complex with eight 1‑bedroom and eight 2‑bedroom units
  • 12,948 square feet on a 2.14‑acre lot
  • Nine wheelchair‑accessible units

Property Analytics

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Current Use

Trenton Tower Apartments Apartment Building

Suggested Use

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

148
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
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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 - Apartment community with mixed unit layouts, accessible residences, management office, laundry facilities, and on-site parking.
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 with eight 1‑bedroom and eight 2‑bedroom units; 12,948 square feet on a 2.14‑acre lot; Nine wheelchair‑accessible units
More about this property
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