Historic Triplex with Three
For Sale
$239,900
138 S Main St, Cornersville, TN 37047
Residential income property with two smaller apartments and a larger unit on a deep, half-acre lot.
Property Size2,074 SF
Lot Size0.50 Acres
Price / SF$115.67
Days on Market118
Property Features for 138 S Main St
General Information
Standard status
Active
Size
2,074 SF
Lot size
0.50 Acres
Property subtype
Residential Income
Net Operating Income
$30,000
Units
Unit Mix
1 x 2BR/1.5BA, 2 x 1BR/1BA
Multifamily Units
3
Additional Details
Gross Income
$40,000
Taxes and HOA fees
Annual Taxes
$1,616
Listing Agency:
The Bogetti Partners
(615) 879-1623
Listed By:
Allie Boyde (Allison Robertson)
(615) 879-1623
Source:
Exprealty
Added: Apr 26
Changed: Aug 21
Last Checked: Aug 21 at 12:50PM
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 The Bogetti Partners
Investment Insights
Based on property information with market context.
This 2,074-square-foot triplex contains three residential units: one two-bedroom, one-and-a-half-bath apartment and two one-bedroom, one-bath apartments. The property occupies approximately 0.5 acres and retains the character of an older home. All three units are leased, with the two smaller apartments tenant-occupied and the larger unit also leased. Landlord-paid utilities are part of the current operating arrangement.
Located at 138 S Main St in Cornersville, Tennessee, the property offers an income-producing residential configuration with a deep lot. The rear portion may have potential for an additional triplex or other income-producing structure, subject to buyer verification of zoning, setbacks, and feasibility. The existing layout also allows an owner to occupy the larger apartment while leasing the remaining units, if applicable under the buyer’s intended use.
Located at 138 S Main St in Cornersville, Tennessee, the property offers an income-producing residential configuration with a deep lot. The rear portion may have potential for an additional triplex or other income-producing structure, subject to buyer verification of zoning, setbacks, and feasibility. The existing layout also allows an owner to occupy the larger apartment while leasing the remaining units, if applicable under the buyer’s intended use.
Key Highlights
- Three‑unit property totaling 2,074 SF
- Unit mix includes one 2‑bedroom, 1.5‑bath apartment and two 1‑bedroom, 1‑bath units
- Situated on approximately 0.5 acres with a deep lot
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 37047, TN
2,495
Population
1,001
Households
2.5
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
65.9 sq mi
ZIP Area
38
Density / Sq Mi
$63,977
Median Household Income
$40,882
Median Earnings
$893
Median Rent
$236,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Residential income property with two smaller apartments and a larger unit on a deep, half-acre lot.
Where is this triplex located?
The property is located at 138 S Main St Cornersville, TN.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Three‑unit property totaling 2,074 SF; Unit mix includes one 2‑bedroom, 1.5‑bath apartment and two 1‑bedroom, 1‑bath units; Situated on approximately 0.5 acres with a deep lot
