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Four-Unit Multifamily Property
For Sale
$699,000

23 Old Peavine Road Unit 14, Crossville, TN 38571

Four separate residences occupy an approximately five-acre tract near Fairfield Glade Wyndham Resort.

Property Size384 SF
Price / SF$1,820
Days on Market870

Property Features for 23 Old Peavine Road Unit 14

General Information

Standard status Active
Size 384 SF
Property subtype Multi-Family

Taxes and HOA fees

Annual Taxes $436

Amenities

True
Yes
Laminate, Other
Microwave, Self Cleaning Oven
Windows - Vinyl
Vinyl, Metal, Block, Frame, Other

Building Details

Year Built 2012
Listing Agency: Exit Rocky Top Realty
Listed By: Heath Bunn
Source: Compass
Added: Apr 14, 2024 Changed: Aug 30 Last Checked: Aug 30 at 3:54PM

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 Exit Rocky Top Realty

Investment Insights

Based on property information with market context.

This multifamily offering includes four separate residential improvements on approximately 5.15 acres. The unit mix consists of a 2-bedroom, 1-bath home with approximately 768 square feet; a converted garage configured as a 1-bedroom, 1-bath residence with approximately 1,296 square feet; a 2-bedroom, 1-bath home with approximately 720 square feet; and a 1-bedroom, 1-bath cottage measuring approximately 378 square feet. The property was built in 2012.

Access is described as 1.4 miles north on Peavine Road to Old Peavine Lane, leading toward Fairfield Glade Wyndham Resort. The improvements are offered in their existing condition. Storage sheds are excluded from the sale.

Key Highlights

  • 5.15 ac +/- parcel containing four residential improvements
  • 2br/1ba home with 768 +/-s.f.
  • 1br/1ba converted garage with 1296 +/- s.f.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Auto Repair Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop

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

54
Businesses Nearby

Demographics for 38571, TN

14,324
Population
6,469
Households
2.2
Avg Household Size
49
Median Age
16%
College-Educated
83%
High-School Grad
226.7 sq mi
ZIP Area
63
Density / Sq Mi
$57,561
Median Household Income
$36,448
Median Earnings
$836
Median Rent
$208,800
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?
Multifamily property - Four separate residences occupy an approximately five-acre tract near Fairfield Glade Wyndham Resort.
Where is this multifamily property located?
The property is located at 23 Old Peavine Road Unit 14 Crossville, TN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 5.15 ac +/- parcel containing four residential improvements; 2br/1ba home with 768 +/-s.f.; 1br/1ba converted garage with 1296 +/- s.f.
More about this property
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