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Multifamily Property with Duplexes
For Sale
$2,850,000

1305 Old Washington Hwy, Dayton, TN 37321

Six duplex buildings and a quadplex provide a varied apartment configuration with updated finishes and modern appliances.

Property Size10,728 SF
Price / SF$265.66
Days on Market141

Property Features for 1305 Old Washington Hwy

General Information

Standard status Active
Size 10,728 SF

Additional Details

Unit Mix 10 x 1BR/1BA, 6 x 2BR/1BA

Building Details

Year Built 1960
Listing Agency: Coldwell Banker Pryor Realty
Listed By: Anneke Wilkey · License #TN304812
Source: Sumnercountyhomelistings
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 25 at 7:55AM

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 Pryor Realty

Investment Insights

Based on property information with market context.

This multifamily property includes six duplex buildings and one quadplex, totaling 16 existing units. The unit mix consists of ten 1BR/1BA apartments measuring 418 square feet and six 2BR/1BA apartments measuring 478 square feet. One existing unit is being converted from storage into a 1BR/1BA apartment with washer and dryer hookups.

Building improvements include new metal roofs, LVP or carpet flooring, Formica countertops, eat-in kitchens, and modern appliances. Two duplexes have Hardie board siding, while the quadplex and four other duplexes feature brick exteriors. The property is located at 1305 Old Washington Hwy in Dayton, Tennessee, with a stated year built of 1960.

Key Highlights

  • 16 existing units across six duplex buildings and one quadplex
  • Unit mix includes ten 418‑square‑foot 1BR/1BA units and six 478‑square‑foot 2BR/1BA units
  • New metal roofs installed on each building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom Plumbing Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 37321, TN

19,823
Population
8,947
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
114.0 sq mi
ZIP Area
174
Density / Sq Mi
$59,182
Median Household Income
$35,883
Median Earnings
$819
Median Rent
$168,000
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 - Six duplex buildings and a quadplex provide a varied apartment configuration with updated finishes and modern appliances.
Where is this apartment building located?
The property is located at 1305 Old Washington Hwy Dayton, TN.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 16 existing units across six duplex buildings and one quadplex; Unit mix includes ten 418‑square‑foot 1BR/1BA units and six 478‑square‑foot 2BR/1BA units; New metal roofs installed on each building
More about this property
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