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Two-Home Multifamily Property
For Sale
$540,000

1670 /1680 Goodfield Rd, Decatur, TN 37322

Multi-Family, Decatur, TN

Property Size4,428 SF
Price / SF$121.95
Days on Market34

Property Features for 1670 /1680 Goodfield Rd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Full bathrooms 4
Rooms Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 3
Parking features Off Street
Interior features Walk-In Closet(s), Kitchen Island
Exterior features Windows - Vinyl
Appliances Dishwasher, Range, Refrigerator
Middle school Meigs
High school Meigs County
Directions From Decatur Tennessee 37322, Head toward W Memorial Dr 0.2 mi, Turn right onto TN-30 W 1.0 mi, Turn left onto Goodfield Rd 0.7 mi, Turn left to stay on Goodfield Rd 0.5 mi arrive at 1670 Goodfield Rd Decatur, TN 37322 - see sign SOP
Subdivision Meigs County - 41
Standard status Active
APN 047 00300 000
Size 4,428 SF

Taxes and HOA fees

Tax Annual Amount 300

Utilities

Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air

Building Details

Year built 2022
Number of units 2
Flooring type Vinyl, Carpet
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: New Creation Real Estate
Listed By: Melanie Sims · License #306004
Added: Jul 20 Changed: Aug 19 Last Checked: Aug 22 at 5:06PM
MLS# 1348884

Copyright © 2026 East Tennessee 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 multifamily offering includes two residences totaling 4,428 square feet on more than 5 acres. Home 1, completed in 2022, contains 2,128 square feet with four bedrooms, a bonus room with a window and closet, and two bathrooms. Home 2, completed in 2023, provides 2,300 square feet with three bedrooms and two bathrooms. Both homes feature open living, kitchen, and dining areas, separate family rooms, split-bedroom arrangements, cabinet-rich kitchens with islands and breakfast bars, and walk-in closets. One residence also includes a concealed room accessed through a bookcase.

The property consists of cleared, level pasture, with trees bordering one side. Each home has a new gravel driveway, deck, carpet, fresh paint, block permanent foundation, and block skirting. Additional features include vinyl siding, vinyl windows, central heating and air, ceiling fans, off-street parking, dishwashers, ranges, and refrigerators. The residences may also be acquired separately with either 2+ acres or 3+ acres.

Key Highlights

  • Two residences totaling 4,428 square feet
  • More than 5 acres of cleared, level pasture
  • Home 1: 2,128 square feet, 4 bedrooms plus bonus room, and 2 bathrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Garden Center Auto Repair Shop Big Box & Wholesale Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 37322, TN

8,855
Population
3,749
Households
2.4
Avg Household Size
45
Median Age
11%
College-Educated
80%
High-School Grad
134.8 sq mi
ZIP Area
66
Density / Sq Mi
$53,965
Median Household Income
$31,549
Median Earnings
$821
Median Rent
$184,800
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?
Multifamily property - Two updated residences share a level acreage setting with flexible living layouts and separate gravel driveways.
Where is this multifamily property located?
The property is located at 1670 /1680 Goodfield Rd Decatur, TN.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Two residences totaling 4,428 square feet; More than 5 acres of cleared, level pasture; Home 1: 2,128 square feet, 4 bedrooms plus bonus room, and 2 bathrooms
More about this property
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