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    56 Mattox Rd Lawrenceburg, TN 38464

    For Sale
    $2,750,000

    16-unit multifamily property built in 2017 with full occupancy.

    Property size:
    16,920 SF

    Property Features for 56 Mattox Rd

    General Information

    Size
    16,920 SF

    Building Details

    Year built
    2017

    Source: Jake Clark Agent Jake Clark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lawrenceburg Multifamily Investment Opportunity

    Located in Lawrenceburg, TN, this multifamily property at 56 Mattox Rd presents a prime investment opportunity. Constructed in 2017, the low-rise building offers 16,920 square feet of living space. The property consists of 16 units with modern amenities and enjoys full occupancy, providing immediate and consistent rental income. The property has a strong rental history and a convenient location in the Lawrenceburg area. Lawrenceburg, TN, has experienced steady growth, with the population up 11% since 2010 to more than 12,000 residents. Approximately 40% of housing units are renter-occupied, and vacancies remain near 5%, underscoring strong demand. Rents have risen quickly, with typical apartments around $750 per month and newer units reaching $1,100–$1,300, creating clear upside for multifamily investment. The local economy is anchored by manufacturing, healthcare, and retail, supported by major employers like Magna International, Blickman Industries, and Southern Tennessee Regional Health System. Positioned between Nashville and Huntsville, Lawrenceburg serves as the county’s multifamily hub, offering investors stability, yield, and long-term growth potential. The property includes 8 duplexes on one street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceburg
    County
    Lawrence
    State
    Tennessee
    Longitude
    -87.29266
    Latitude
    35.28954

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    FAQs

    What type of property is this?
    Apartment building - 16-unit multifamily property built in 2017 with full occupancy.
    Where is this apartment building located?
    The property is located at 56 Mattox Rd Lawrenceburg, TN.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Full occupancy with strong rental history ensures immediate and consistent rental income.; - Constructed in 2017, the property features a modern design and requires minimal near-term capital expenditures.; - Located in Lawrenceburg, TN, a growing area with a strong rental market and increasing rents.
    (615) 568-0167
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    Lawrenceburg, TN 38464
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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
    56 Mattox Rd Lawrenceburg, TN 38464
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