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    128 Oak St Hohenwald, TN 38462

    For Sale
    $175,000

    High-yield duplex, excellent rental income.

    Property size:
    1,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity presents a 1,000-square-foot mixed-use duplex located at 128 N Oak St, Hohenwald, TN. Built in 2019, this property sits on a 0.33-acre lot and offers significant rental income potential. Currently, both units are leased at $650 per month each, generating a substantial monthly cash flow. Each unit boasts attractive features including laminate flooring throughout and walk-in tiled showers. Appliances such as stoves and refrigerators are included. The property's convenient location offers residents easy access to local shopping and a nearby park. A spacious backyard adds to the property's appeal. The property is being sold "As Is," and showings are by appointment only with at least 24 hours' notice required. This is a prime opportunity for investors seeking a strong return on investment in a desirable location. The property's current rental income stream, coupled with its attractive features and convenient location, makes it an ideal addition to any investment portfolio. Don't miss this chance to acquire a well-maintained, income-producing duplex in a thriving community.

    Property Features for 128 Oak St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,000 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    2019
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hohenwald
    County
    Lewis County, TN
    State
    Tennessee
    Longitude
    -87.5546
    Latitude
    35.55145

    Nearby Comparable

    • $159,000
      0.46 Acres

      Hohenwald Mixed-Use Corner Lot

      High-traffic corner lot, owner financing possible.
      8 Walnut St, Hohenwald, TN 38462
      View Details
    • $159,900
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      High-Traffic Hohenwald Mixed-Use

      Prime location, triple-net leased, strong income.
      106 Main St, Hohenwald, TN 38462
      View Details
    • $349,900
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      Hohenwald Office Building - Great Location

      Prime Office Space, Ample Parking, .63 Acres
      121 Joe Ave, Hohenwald, TN 38462
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    • $1,347,381

      Exceptional Land Tract For Sale

      Prime hunting land with creek frontage near wineries.
      Ridgetop Rd, Hohenwald, TN 38462
      View Details
    • $180,000

      Wooded Acres for Recreational Use

      20+/- acres of wooded land for hunting or recreation.
      Liberty Rdg Rd, Hohenwald, TN 38462
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    • $1,475,000

      Land For Sale

      Land available for sale in Hohenwald, Tennessee.
      Cane Creek Rd, Hohenwald, TN 38462
      View Details

    Nearby Similar for Sale

    • $159,000
      0.46 Acres

      Hohenwald Mixed-Use Corner Lot

      High-traffic corner lot, owner financing possible.
      8 Walnut St, Hohenwald, TN 38462
      View Details
    • $349,900
      2,650 SF

      Hohenwald Office Building - Great Location

      Prime Office Space, Ample Parking, .63 Acres
      121 Joe Ave, Hohenwald, TN 38462
      View Details
    • $159,900
      1,512 SF

      High-Traffic Hohenwald Mixed-Use

      Prime location, triple-net leased, strong income.
      106 Main St, Hohenwald, TN 38462
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - High-yield duplex, excellent rental income.
    Where is this mixed-use property located?
    The property is located at 128 Oak St Hohenwald, TN.
    What is the asking price?
    The asking price for this property is $175,000.
    (931) 796-1011
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    128 Oak St Hohenwald, TN 38462
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    Hohenwald, TN 38462
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    128 Oak St Hohenwald, TN 38462
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