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Duplex with Separate Utility Meters
New
For Sale
$289,900

188 Pine Grove Rd, Smithville, TN 37166

Independent water, natural gas, and electric meters serve each residence.

Property Size1,881 SF
Price / SF$154.12
Days on Market4

Property Features for 188 Pine Grove Rd

General Information

Standard status Active
Size 1,881 SF
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,260

Amenities

Separate utility meters

Building Details

Buildings 1
Construction All Brick
Listing Agency: RE/MAX West Main Realty
Listed By: Kelly Kirby
Source: Exprealty
Added: Sep 23 Changed: Sep 24 Last Checked: Sep 24 at 2:14PM

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 RE/MAX West Main Realty

Investment Insights

Based on property information with market context.

This 1,881-square-foot, all-brick duplex contains two residences, each with two bedrooms and one full bathroom. The property is described as well maintained, with the roof and mechanical systems in good working condition. Water, natural gas, and electricity are separately metered for each unit.

Located in Smithville, the property has access to Cookeville and Interstate 40.

Key Highlights

  • 1,881‑square‑foot all‑brick duplex
  • Two residences, each with 2 bedrooms and 1 full bathroom
  • Separate water, natural gas, and electric meters for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair 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.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 37166, TN

14,379
Population
7,199
Households
2
Avg Household Size
42
Median Age
18%
College-Educated
81%
High-School Grad
154.6 sq mi
ZIP Area
93
Density / Sq Mi
$46,713
Median Household Income
$35,640
Median Earnings
$768
Median Rent
$183,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Independent water, natural gas, and electric meters serve each residence.
Where is this duplex located?
The property is located at 188 Pine Grove Rd Smithville, TN.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 1,881‑square‑foot all‑brick duplex; Two residences, each with 2 bedrooms and 1 full bathroom; Separate water, natural gas, and electric meters for each unit
More about this property
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