Three-Residence Multifamily
For Sale
$350,000
638 S Broad Street, Lexington, TN 38351
Residential, Lexington, TN
Property Size2,239 SF
Lot Size2.47 Acres
Price / SF$156.32
Days on Market10
Property Features for 638 S Broad Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential and Commercial
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 3, Bedroom 4, Dining Room, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Parking
1
Parking features
Open, Garage
Patio and Porch features
Porch
Accessibility
Accessible Approach with Ramp
Appliances
Electric Cooktop, Refrigerator
Lot features
Level, Rolling Slope, Wooded
Elementary school district
Lexington School District
Directions
From intersection of Hwy 412 and Hwy 22 S at main red light on Hwy 412, take Hwy 22 South, Go past Post office and look for property sign on the right.
Standard status
Active
APN
091A A 013.00, 012.00 & 014.00
Size
2,239 SF
Lot size
2.47 Acres
Taxes and HOA fees
Tax Annual Amount
1059
Utilities
Sewer type
Public Sewer
Heating system
Floor Furnace
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1962
Floors in Building
2
Flooring type
Laminate, Vinyl
Roof type
Shingle
Listing Agency:
7 Lakes Realty Inc.
(731) 967-7412
Listed By:
Debbie Mays · License #290698
(731) 307-9536
Added: Oct 27
Changed: Nov 3
Last Checked: Nov 5 at 9:06AM
MLS# 2605148
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.
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Investment Insights
Based on property information with market context.
This multifamily property comprises three residences on 2.47 acres. The primary home measures 2,239 square feet and has four bedrooms, two kitchens, a garage, and additional storage. A porch and ramped approach are also present. The two other homes are occupied by tenants: one has four bedrooms and one bath, and the other has two bedrooms and one bath.
The property is located at 638 S Broad Street in Lexington, along a main highway. A vacant tract occupies part of the rear acreage. Public water and sewer serve the property. The primary residence was built in 1962.
The property is located at 638 S Broad Street in Lexington, along a main highway. A vacant tract occupies part of the rear acreage. Public water and sewer serve the property. The primary residence was built in 1962.
Key Highlights
- Three existing residences on 2.47 acres
- Two residences are tenant‑occupied
- Primary home: 2,239 square feet, four bedrooms, two kitchens, garage, and additional storage
Property Analytics
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Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
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Business Placement
Demographics for 38351, TN
17,838
Population
7,909
Households
2.3
Avg Household Size
42
Median Age
14%
College-Educated
90%
High-School Grad
208.0 sq mi
ZIP Area
86
Density / Sq Mi
$53,573
Median Household Income
$37,256
Median Earnings
$809
Median Rent
$159,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two residences are tenant-occupied, while the third includes multiple kitchens and a garage.
Where is this multifamily property located?
The property is located at 638 S Broad Street Lexington, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three existing residences on 2.47 acres; Two residences are tenant‑occupied; Primary home: 2,239 square feet, four bedrooms, two kitchens, garage, and additional storage
