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Apartment Building with Duplex and Quadplex Units
For Sale
$2,850,000

1305 Old Washington Highway, Dayton, TN 37321

COMMERCIAL - Dayton, TN

Property Size10,728 SF
Lot Size2.42 Acres
Price / SF$265.66
Days on Market316

Property Features for 1305 Old Washington Highway

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning Commercial
Interior features Ceiling Fan(s)
Appliances Electric Range, Refrigerator
Lot features Sloped, Sloped
Elementary school Dayton City
Middle school Dayton City
High school Rhea County
Directions From office take Hwy 27N, turn right on Hwy 30E. Property is on left. Formerly known as Bryan Village
Standard status Active
APN 090h H 001.04
Size 10,728 SF
Lot size 2.42 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Flooring type Vinyl, Carpet
Building materials Brick Veneer, HardiPlank Type, Vinyl Siding
Roof type Metal
Listing Agency: Coldwell Banker Pryor Realty- Dayton · Coldwell Banker Real Estate
Listed By: Anneke Wilkey · License #304812
Added: Oct 2, 2025 Changed: Aug 4 Last Checked: Aug 13 at 11:06AM
MLS# 20254674

Copyright © 2026 River Counties Association of 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 apartment building site is improved with 6 single-family duplex units and 1 quadplex, with additional duplex units under construction. The 16 existing units are configured as ten 418 SF 1BR/1BA units and six 478 SF 2BR/1BA units.

Interior and exterior finishes include new metal roofs, eat-in kitchens with modern appliances, Formica countertops, and LVP or carpet flooring. Ceiling fan(s) are listed as an interior feature. Appliances included are electric range and refrigerator. Exterior finishes include hardie board exterior siding on two duplexes, with brick exterior on the quadplex and four remaining duplexes. Construction materials include brick veneer, HardiPlank Type, and vinyl siding.

Under-construction units are described as being around 300 SF and configured as 1BR/1BA units, with similar interior and exterior finishes. One existing unit formerly used for storage is being converted into a 1BR/1BA unit that includes a washer and dryer hookup.

The property sits on a 2.42-acre lot with public water and public sewer, and is zoned commercial.

Key Highlights

  • 2.42‑acre lot with public water and public sewer
  • 16 existing units: ten 418 SF 1BR/1BA and six 478 SF 2BR/1BA
  • Site improved with six single‑family duplex units and one quadplex

Property Analytics

Current Use

Duplexes

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.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

19
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building site includes 16 existing duplex and quadplex units plus additional duplex units under construction.
Where is this apartment building located?
The property is located at 1305 Old Washington Highway 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: 2.42‑acre lot with public water and public sewer; 16 existing units: ten 418 SF 1BR/1BA and six 478 SF 2BR/1BA; Site improved with six single‑family duplex units and one quadplex
More about this property
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