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Three-Unit Residential Income Property
New
For Sale
$245,000

215 Adams St, Lewisburg, TN 37091

The fully leased building has three apartments with varied bedroom and bath configurations.

Property Size3,084 SF
Price / SF$79.44
Days on Market5

Property Features for 215 Adams St

General Information

Standard status Active
Size 3,084 SF
Property subtype Residential Income
Occupancy 100%

Property Condition

Severity Repairs Needed
Evidence Needs work

Units

Unit Mix 4BR/2BA, 3BR/1BA, 2BR/1BA
Multifamily Units 3

Building Details

Year Built 1941
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Southern Realty
Listed By: Karen Hoff 6155004631
Source: Northnashvillehomes4sale
Added: Oct 11 Changed: Oct 15 Last Checked: Oct 14 at 11:09PM

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 Coldwell Banker Southern Realty

Investment Insights

Based on property information with market context.

This 1941 residential income property contains three apartments totaling 3,084 square feet. The first-floor unit has four bedrooms and two bathrooms; the upstairs apartment offers three bedrooms and one bathroom; the third unit has two bedrooms and one bathroom. Heating is provided by baseboard units, with window air conditioning for cooling.

The property is fully leased and is being sold as-is. Its existing unit mix and separate apartment layouts define the current configuration.

Key Highlights

  • Three apartments totaling 3,084 square feet
  • Four‑bedroom, two‑bathroom first‑floor apartment
  • Upstairs unit has three bedrooms and one bathroom

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Bakery Gym & Fitness Center

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby

Demographics for 37091, TN

22,554
Population
9,963
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
206.0 sq mi
ZIP Area
109
Density / Sq Mi
$61,887
Median Household Income
$41,418
Median Earnings
$885
Median Rent
$230,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - The fully leased building has three apartments with varied bedroom and bath configurations.
Where is this triplex located?
The property is located at 215 Adams St Lewisburg, TN.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Three apartments totaling 3,084 square feet; Four‑bedroom, two‑bathroom first‑floor apartment; Upstairs unit has three bedrooms and one bathroom
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