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Downtown Greeneville Investment Opportunity
For Sale
$399,500

324 E Church Street, Greeneville, TN 37745

Commercial Sale, Greeneville, TN

Property Size3,040 SF
Lot Size0.29 Acres
Price / SF$131.41
Days on Market443

Property Features for 324 E Church Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R3
Directions From main street, turn onto East Church Street properties will be on you left.
Subdivision 201 - Greeneville City
Standard status Active
APN 098l D 008.00
Size 3,040 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Annual Amount 914

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1948
Building materials Aluminum Siding, Block, Brick
Roof type Shingle, Metal
Listing Agency: CENTURY 21 Legacy - Greeneville · Century 21 Real Estate
Listed By: Dianna Damron · License #347328
Added: Aug 8, 2025 Changed: Oct 17 Last Checked: Oct 24 at 12:06PM
MLS# 9984240

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 property presents an investment opportunity in downtown Greeneville, Tennessee. The listing includes a 4-bedroom, 1-bath single-family brick home, an apartment building with five 1-bedroom apartments (one currently used for storage, previously a beauty shop), and a two-car garage with an additional apartment above. All structures are situated on a 0.29-acre lot. The property is located in a desirable and walkable area of Greeneville. The property, totaling 3040 square feet, is zoned R3. This versatile property offers multiple income streams and strong rental demand.

Key Highlights

  • 1948‑built downtown Greeneville property with aluminum siding, block, and brick construction
  • Includes a 4‑bedroom, 1‑bath single‑family brick home
  • Apartment building with five 1‑bedroom apartments (one currently used for storage; formerly a beauty shop)

Property Analytics

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Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

818
Businesses Nearby

Demographics for 37745, TN

19,714
Population
9,423
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
121.9 sq mi
ZIP Area
162
Density / Sq Mi
$54,946
Median Household Income
$35,609
Median Earnings
$677
Median Rent
$194,400
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

Frequently Asked Questions

What type of property is this?
Apartment building - High-potential income property in the heart of downtown Greeneville.
Where is this apartment building located?
The property is located at 324 E Church Street Greeneville, TN.
What is the asking price?
The asking price for this property is $399,500.
What are key features of this property?
This property features: 1948‑built downtown Greeneville property with aluminum siding, block, and brick construction; Includes a 4‑bedroom, 1‑bath single‑family brick home; Apartment building with five 1‑bedroom apartments (one currently used for storage; formerly a beauty shop)
More about this property
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