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Triplex Property with Updated Interiors
For Sale
$299,000

389 Market Street NE, Charleston, TN 37310

Multifamily package combines refreshed living spaces with additional units positioned for renovation.

Property Size3,981 SF
Price / SF$75.11
Days on Market44

Property Features for 389 Market Street NE

General Information

Standard status Active
Size 3,981 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 5

Building Details

Year Built 1910
Listing Agency: Century 21 1st Choice Realtors
Listed By: Gabe Cartwright · License #363796
Source: Shearonsellsteam
Added: Jul 20 Changed: Aug 31 Last Checked: Aug 31 at 6:44PM

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 Century 21 1st Choice Realtors

Investment Insights

Based on property information with market context.

This multifamily offering combines a triplex and duplex for five total units within 3,981 square feet. The property was constructed in 1910 and includes a mix of residences with updated interiors and others requiring renovation.

The configuration provides both renovated units and unfinished areas across the two-building package. Improvements include contemporary interior finishes in select units, while the remaining units offer renovation scope documented in the property information.

Key Highlights

  • Five total units across a triplex and duplex
  • 3,981 square feet of total property size
  • Built in 1910

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Building Supply Auto Repair Shop HVAC Service Pharmacy

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby

Demographics for 37310, TN

4,384
Population
1,736
Households
2.5
Avg Household Size
45
Median Age
10%
College-Educated
90%
High-School Grad
42.7 sq mi
ZIP Area
103
Density / Sq Mi
$76,401
Median Household Income
$42,090
Median Earnings
$848
Median Rent
$223,000
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?
Triplex - Multifamily package combines refreshed living spaces with additional units positioned for renovation.
Where is this triplex located?
The property is located at 389 Market Street NE Charleston, TN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Five total units across a triplex and duplex; 3,981 square feet of total property size; Built in 1910
More about this property
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