Multifamily

Iron City, TN Multifamily Properties for Sale

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Waterfront Short-Term Rental Property
Updated: Oct 22
Waterfront Short-Term Rental Property

5725 Wayland Springs Rd, Iron City, TN 38463

$695,000
3,656 sqft 6.71 AC lot
6.71 acres on Shoals Creek
Four homes on the property
Rental cabins, Airbnb, and a bunk house
Occupied main home with granite countertops and a primary suite
Main residence includes a covered porch overlooking the creek
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1 active listing matches your search: Multifamily for sale in Iron City, TN. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Occupied Multifamily Rental Property
Occupied Multifamily Rental Property

316 Crown St N, Florence, AL 35630

$509,900
1,560 sqft

Occupied residential rental property with public sewer service and 1947 construction.

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18-Unit Townhome-Style Apartments
18-Unit Townhome-Style Apartments

2905 E 12th Ave, Sheffield, AL 35660

$549,000
1.32 AC lot

Partially completed multifamily redevelopment with renovated studio layouts and separately metered units.

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Side-by-Side Duplexes with 4 Units
Side-by-Side Duplexes with 4 Units

1107 E 31st St, Sheffield, AL 35660

$225,000

Corner-lot property with occupied residences near shopping, dining, and entertainment.

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Historic Home with Income Potential
Historic Home with Income Potential

28 Shoals Blvd, Florence, AL 35630

Contact for pricing
2,800 sqft

Multi-unit property with Airbnb income, near college.

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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.

Unrestricted Acreage Near Pickwick Lake
Unrestricted Acreage Near Pickwick Lake

3310 HOLLAND CREEK Rd, Savannah, TN 38372

$149,999
14.24 acres

14.24 acres near Rainbow Falls and Pickwick Lake.

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Iron City, TN Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Iron City, TN on our real estate platform. These investment opportunities span a total of 3,656 square feet of properties for sale, with an estimated market value of $695,000.

Sale prices for multifamily properties in Iron City, TN average $695,000 — 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

Short term rental properties 1

Demographics Overview

Population 2,857
Population Growth (5Y) +29.0%
Median Household Income $71,000
College Educated 15.1%

Taxes & Financing

Tax Rate (average for all types) 2.01%
Property Tax per SF $40.77 per SF
Average Loan-to-Value 65.0%

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