Search
Furnished Multifamily Property
For Sale
$895,000

40 Jamestown Court, Crossville, TN 38555

Three condo units offer a mix of furnished, leased, short-term, and corporate rental arrangements.

Property Size4,155 SF
Price / SF$215.40
Days on Market489

Property Features for 40 Jamestown Court

General Information

Standard status Active
Size 4,155 SF
Property subtype Multi-Family
Net Operating Income $67,549

Additional Details

Furnished Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,486

Amenities

Central Cooling, Ceiling Fan(s)
Yes
Carpet
True
Central, Electric
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Brick

Building Details

Year Built 2008
Listing Agency: ReMax Preferred Properties, In
Listed By: Dawn George · License #256270
Source: Compass
Added: Apr 30, 2025 Changed: Aug 30 Last Checked: Aug 31 at 12:40AM

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 ReMax Preferred Properties, In

Investment Insights

Based on property information with market context.

This multifamily property comprises three condo units totaling 4,155 square feet in a brick building constructed in 2008. Unit 101 is partially furnished and has a lease through the end of March 2026. Unit 102 is fully furnished with a lease extending through the end of February 2026, while Unit 103 is fully furnished and marketed through short-term vacation rental and corporate rental sites.

Interior features include central cooling, ceiling fans, central electric systems, and a full appliance package with dishwasher, disposal, dryer, microwave, range, refrigerator, and washer. The property is located within Jamestown Court, a community organized around a central green. Custom-framed artwork by George Denninger in Units 102 and 103 is on loan and may be purchased separately.

Key Highlights

  • Three condo units totaling 4,155 square feet
  • Unit 101 partially furnished; lease runs through end of March 2026
  • Unit 102 fully furnished with lease through end of February 2026

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Locksmith Computer & Electronic Repair Veterinary Clinic HVAC Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby

Demographics for 38555, TN

19,930
Population
10,104
Households
2
Avg Household Size
44
Median Age
17%
College-Educated
90%
High-School Grad
92.3 sq mi
ZIP Area
216
Density / Sq Mi
$55,286
Median Household Income
$31,571
Median Earnings
$794
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Three condo units offer a mix of furnished, leased, short-term, and corporate rental arrangements.
Where is this multifamily property located?
The property is located at 40 Jamestown Court Crossville, TN.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Three condo units totaling 4,155 square feet; Unit 101 partially furnished; lease runs through end of March 2026; Unit 102 fully furnished with lease through end of February 2026
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message