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    Hermitage, TN Multifamily Properties for Sale

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    Renovated Duplex with Separate Living Spaces
    Updated: Jul 24
    Renovated Duplex with Separate Living Spaces

    604 Debbie Dr, Hermitage, TN 37076

    $525,000
    Fully rebuilt from the framing with new systems and finishes
    Two separate kitchens, bathrooms, and laundry spaces
    New roof, gutters, windows, plumbing, electrical, and water heater
    New deck, driveway, insulation, flooring, and landscaping
    R10 1&2 zoning
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Hermitage, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Central Air
    Duplex with Central Air

    634 Anderson Ln, Madison, TN 37115

    $365,000
    2,000 sqft

    Two-unit residential income property with central heating and air conditioning in Madison.

    View details
    Updated One-Level Duplex
    Updated One-Level Duplex

    2721 Penn Meade Dr, Nashville, TN 37214

    $549,900
    2,872 sqft

    The property includes a fenced backyard, driveway parking, and updated HVAC units.

    View details
    Brick Duplex with Renovated Unit
    Brick Duplex with Renovated Unit

    1905 Moran Avenue, Nashville, TN 37216

    $449,000
    1,920 sqft

    Two-unit brick property with distinct layouts, laundry hookups, and an updated one-bedroom unit.

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    Renovated Multifamily Community in Nashville
    Renovated Multifamily Community in Nashville

    2425 Atrium Way |, Nashville, TN 37214

    $15,375,000

    Newly renovated 123-unit multifamily community in Nashville, Tennessee.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land Ready to Build
    Residential Land Ready to Build

    6 McNabb Lane, Lafayette, TN 37083

    $79,900
    0.82 AC lot

    Ready-to-build residential land suitable for multi-family development.

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    Land with Utilities Near Lake
    Land with Utilities Near Lake

    Holmes Creek Rd lot: 1, Smithville, TN 37166

    Contact for pricing
    0.43 AC lot

    Land with utilities ready for camper or mobile home near lake.

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    Unrestricted Lake Lot in Smithville
    Unrestricted Lake Lot in Smithville

    182 Mayberry Drive, Smithville, TN 37166

    $39,900
    0.14 AC lot

    Unrestricted lake lot with utilities started near community boat dock.

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    Unrestricted Wooded Acreage with Pond
    Unrestricted Wooded Acreage with Pond

    00 Dodson Branch Hwy, Cookeville, TN 38501

    $175,000
    12.00 AC lot

    12+ acres of unrestricted land with pond near Cookeville.

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    Off-Market Properties in Hermitage, TN

    Consider similar Off-Market properties in Hermitage, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4042 Shurgard Way
    HIGH-RISE APARTMENTS

    4042 Shurgard Way, Hermitage, TN 37076-3411

    $2,100,000
    Estimated value
    65,424 sqft 8.57 AC lot
    View details

    Hermitage, TN Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Hermitage, TN on our real estate platform.

    Sale prices for multifamily properties in Hermitage, TN average $525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 38K
    Population Growth (5Y) -2.1%
    Median Household Income $74,555
    College Educated 51.8%

    Taxes & Financing

    Tax Rate (average for all types) 2.92%
    Property Tax per SF $58.99 per SF
    Tax Rate vs County Average 0.32 pp below county avg
    Average Loan-to-Value 65.0%

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