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Updated Duplex with Mini-Splits
For Sale
$149,000

414 S 5th Street, Union City, TN 38261

Residential, Union City, TN

Property Size2,011 SF
Lot Size0.17 Acres
Price / SF$74.09
Days on Market205

Property Features for 414 S 5th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
Parking 4
Parking features Alley, Open
Patio and Porch features Porch
Exterior features Rain Gutters
Fireplace 1
Elementary school district Union City Schools
Directions From Reelfoot Ave/431 and Hwy 51 in Union City, go east on Reelfoot Ave, towards Lowes. Go approximately 0.2 miles. Turn left onto S Fifth St. Go approximately 0.4 miles. Turn right onto Florida Ave. Then turn left to continue on S Fifth St. Go approximately0.2 miles, property will be on the right.
Standard status Active
APN 048N C 028.00
Size 2,011 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 1137

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1936
Floors in Building 1
Flooring type Laminate, Tile
Building materials Stucco, Wood Siding
Additional Structures Storage
Listing Agency: Wendell Alexander Realty
Listed By: Logan Diebold · License #358982
Added: Mar 2 Changed: Sep 15 Last Checked: Sep 23 at 6:06AM
MLS# 2600859

Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,011-square-foot duplex was built in 1936 and is situated on a 0.17-acre lot. Both sides have updated kitchens and bathrooms, new kitchen appliances, new flooring, and freshly painted interiors and exteriors. New mini-split heating and cooling systems, new plumbing, and a 1-year-old roof further update the property. Tile and laminate flooring are installed, and each side includes access to the property’s bathroom, bedroom, and laundry areas.

The property is located at 414 S 5th Street in Union City, Tennessee, a couple of blocks from downtown. It has public water and public sewer service, open and alley parking, a porch, rain gutters, and stucco and wood siding. The duplex is fully occupied and could be converted into a single residence.

Key Highlights

  • Fully occupied duplex at 414 S 5th Street, Union City, TN 38261
  • 2,011 square feet on a 0.17‑acre lot
  • Built in 1936 with a 1‑year‑old roof

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Barber Shop Locksmith Kitchen & Bath Showroom Carpet & Flooring 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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby

Demographics for 38261, TN

16,627
Population
7,178
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
176.9 sq mi
ZIP Area
94
Density / Sq Mi
$52,884
Median Household Income
$34,343
Median Earnings
$759
Median Rent
$141,900
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?
Duplex - Fully occupied two-unit property with refreshed kitchens, bathrooms, flooring, and interior and exterior paint.
Where is this duplex located?
The property is located at 414 S 5th Street Union City, TN.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Fully occupied duplex at 414 S 5th Street, Union City, TN 38261; 2,011 square feet on a 0.17‑acre lot; Built in 1936 with a 1‑year‑old roof
More about this property
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