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Updated Residential Income Property
For Lease
$1,250/Mo

16804 HWY 64, Somerville, TN 38068

Rental Properties, Somerville, TN

Space SizeContact for details
Days on Market50

Property Features for 16804 HWY 64

General Information

Property type Commercial Lease
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Subdivision Somerville
Standard status Active
Size 3,200 SF

Building Details

Year built 1965
Listing Agency: REMAX Experts · RE/MAX International
Listed By: James Walker · License #S-52814
Added: Sep 14 Changed: Oct 28 Last Checked: Nov 2 at 6:06PM
MLS# 10230440

Copyright © 2026 Memphis Area 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.

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Investment Insights

Based on property information with market context.

This 3,200-square-foot residential income property includes a two-bedroom apartment with two full bathrooms. The interior features an open floorplan connecting the living room and dining area, along with a recently updated kitchen that offers a large island and substantial cabinet storage. The HVAC system has also been upgraded.

Built in 1965, the property is located at 16804 Hwy 64 in Somerville, Tennessee, within Fayette County and ZIP code 38068. The apartment’s combination of bedroom and bath count, expanded kitchen functionality, and refreshed mechanical system provides a clearly defined residential rental configuration.

Key Highlights

  • 3,200 square feet of residential income property
  • Two‑bedroom apartment with two full bathrooms
  • Recently updated kitchen with large island and extensive cabinet space

Property Analytics

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Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 38068, TN

10,952
Population
4,411
Households
2.5
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
258.7 sq mi
ZIP Area
42
Density / Sq Mi
$63,022
Median Household Income
$38,162
Median Earnings
$775
Median Rent
$258,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom apartment with two full bathrooms, an open layout, upgraded HVAC, and a renovated kitchen with island seating.
Where is this residential income property located?
The property is located at 16804 HWY 64 Somerville, TN.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: 3,200 square feet of residential income property; Two‑bedroom apartment with two full bathrooms; Recently updated kitchen with large island and extensive cabinet space
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