Multi-Unit Mixed-Use Income
For Sale
$1,475,000
823 Peavine Rd, Crossville, TN 38571
Multi-Family, Crossville, TN
Property SizeContact for details
Days on Market79
Property Features for 823 Peavine Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Subdivision
Bruce Cannon Peavine Rd Sub
Directions
1/2 mile off I-40 on Peavine Rd. The rentals are on the left right pass Peavine Liquor
Standard status
Active
APN
101 034.00
Taxes and HOA fees
Tax Annual Amount
6723
Utilities
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
1988
Number of units
8
Flooring type
Laminate
Building materials
Frame
Roof type
Shingle
Listing Agency:
Monarch Realty Group
(931) 787-1674
Listed By:
Jeanne Ann Cannon
(931) 267-3001
Added: Jun 9
Changed: Aug 19
Last Checked: Aug 26 at 9:06AM
MLS# 1344110
Copyright © 2026 East Tennessee 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 for-sale income property is arranged as a mixed-use portfolio with five separate residential homes, each offering three bedrooms and two bathrooms, plus one additional residential unit with one bedroom and one bathroom. The property also includes two commercial rental spaces. All units are described as currently rented.
The address is 823 Peavine Rd in Crossville, TN 38571. The offering remarks note the property is situated on highly traveled Peavine Road, supporting convenient access and visibility.
Information provided indicates multiple rental streams from residential and commercial tenants within a single ownership, with buyer verification recommended. Buyer to verify all information. Information deemed reliable but not guaranteed.
The address is 823 Peavine Rd in Crossville, TN 38571. The offering remarks note the property is situated on highly traveled Peavine Road, supporting convenient access and visibility.
Information provided indicates multiple rental streams from residential and commercial tenants within a single ownership, with buyer verification recommended. Buyer to verify all information. Information deemed reliable but not guaranteed.
Key Highlights
- 1988‑built investment property with diversified income: five 3BR/2BA homes, one 1BR/1BA unit, and two commercial rental spaces
- All units are currently rented
- Located on Peavine Road with off‑street parking
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 38571, TN
14,324
Population
6,469
Households
2.2
Avg Household Size
49
Median Age
16%
College-Educated
83%
High-School Grad
226.7 sq mi
ZIP Area
63
Density / Sq Mi
$57,561
Median Household Income
$36,448
Median Earnings
$836
Median Rent
$208,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing property with five 3-bed/2-bath homes, a 1-bed/1-bath unit, and two commercial rentals, all currently leased.
Where is this apartment building located?
The property is located at 823 Peavine Rd Crossville, TN.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 1988‑built investment property with diversified income: five 3BR/2BA homes, one 1BR/1BA unit, and two commercial rental spaces; All units are currently rented; Located on Peavine Road with off‑street parking
