Mixed-Use Property with Rental
For Sale
$1,475,000
823 Peavine Rd, Crossville, TN 38571
Multi-Family, Crossville, TN
Property SizeContact for details
Days on Market97
Property Features for 823 Peavine Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Subdivision
Bruce Cannon Peavine Rd Sub
Directions
1/2 mile off I-40 on Peavine Rd. The rentals are on the left right pass Peavine Liquor
Standard status
Active
APN
101 034.00
Taxes and HOA fees
Tax Annual Amount
6723
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
1988
Number of units
8
Flooring type
Laminate
Building materials
Frame
Roof type
Shingle
Listing Agency:
Atlas Real Estate
(931) 287-2855
Listed By:
Jeanne Ann Cannon
(931) 267-3001
Added: Jun 9
Changed: Sep 12
Last Checked: Sep 13 at 12:06AM
MLS# 1344110
Copyright © 2026 East Tennessee 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 mixed-use property includes five separate residential homes configured with three bedrooms and two baths each, plus an additional one-bedroom, one-bath residential unit. Two commercial rental spaces are also part of the property, creating a combination of residential and commercial occupancy. All units are rented. The improvements were constructed in 1988 with frame construction, shingle roofing, laminate flooring, central air, ceiling fans, and central electric heating. Off-street parking is provided.
Located at 823 Peavine Rd in Crossville, the property fronts Peavine Road and includes both residential and commercial rental components. The address is in Cumberland County, Tennessee, within ZIP Code 38571.
Located at 823 Peavine Rd in Crossville, the property fronts Peavine Road and includes both residential and commercial rental components. The address is in Cumberland County, Tennessee, within ZIP Code 38571.
Key Highlights
- Five separate 3‑bedroom, 2‑bath residential homes
- Additional 1‑bedroom, 1‑bath residential unit
- Two commercial rental spaces included
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 38571, TN
14,324
Population
6,469
Households
2.2
Avg Household Size
49
Median Age
16%
College-Educated
83%
High-School Grad
226.7 sq mi
ZIP Area
63
Density / Sq Mi
$57,561
Median Household Income
$36,448
Median Earnings
$836
Median Rent
$208,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing property combines residential units with commercial rental space.
Where is this mixed-use property located?
The property is located at 823 Peavine Rd Crossville, TN.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Five separate 3‑bedroom, 2‑bath residential homes; Additional 1‑bedroom, 1‑bath residential unit; Two commercial rental spaces included
