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Six-Unit Apartment Building
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Pending

605 Highway 64 W, Waynesboro, TN 38485

Totally re-done six-unit building offering mostly two-bedroom, one-bath units with included major appliances.

Property Size4,500 SF
Days on Market148

Property Features for 605 Highway 64 W

General Information

Standard status Pending
Size 4,500 SF
Property subtype Retail

Additional Details

Multifamily Units 6
Listing Agency: Coldwell Banker Southern Realty
Listed By: Tommy Brazier · License #TN
Source: Crexi
Added: Apr 11 Changed: Sep 3 Last Checked: Sep 5 at 12:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Southern Realty

Investment Insights

Based on property information with market context.

This totally re-done six-unit apartment building features six separate residences. Each unit is described as approximately 750 square feet and includes a living room and kitchen area, along with a utility closet. Five of the units are listed as two-bedroom, one-bath layouts, and one apartment (#2) is listed as a one-bedroom, one-bath configuration. Stoves, refrigerators, washers, and dryers are included, and the property has new LVP flooring in each unit, as well as central heating and air, breaker boxes, and water heaters. New appliances and fixtures are noted throughout.

The property is located at 605 Highway 64 W in Waynesboro, TN 38485. Public remarks indicate the city is maintaining from the highway up to the top of the bank.

Overall, the building presents a compact, self-contained residential income setup with in-unit utility components and fully equipped kitchens and laundry appliances, unit-by-unit.

Key Highlights

  • Totally re‑done 6‑apartment building with approx. 4,500 SF
  • Unit mix: mostly 2 bed, 1 bath units (approx. 6 units) plus 1 unit (#2) with 1 bedroom
  • Approx. 750 SF per 2‑bedroom unit; each unit includes living area and kitchen area

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Garden Center Big Box & Wholesale Store Dental Office

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 38485, TN

6,289
Population
3,029
Households
2.1
Avg Household Size
45
Median Age
21%
College-Educated
83%
High-School Grad
282.4 sq mi
ZIP Area
22
Density / Sq Mi
$54,559
Median Household Income
$36,617
Median Earnings
$578
Median Rent
$129,700
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 - Totally re-done six-unit building offering mostly two-bedroom, one-bath units with included major appliances.
Where is this apartment building located?
The property is located at 605 Highway 64 W Waynesboro, TN.
What are key features of this property?
This property features: Totally re‑done 6‑apartment building with approx. 4,500 SF; Unit mix: mostly 2 bed, 1 bath units (approx. 6 units) plus 1 unit (#2) with 1 bedroom; Approx. 750 SF per 2‑bedroom unit; each unit includes living area and kitchen area
More about this property
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