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    Lexington, TN Multifamily Properties for Sale

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    Lexington, TN Rental Properties
    Updated: Apr 1
    Lexington, TN Rental Properties

    252 N Main Street, Lexington, TN 38351

    $119,000
    2,160 sqft
    Two potential rental income streams with a duplex and a separate single‑family home.
    Includes both a duplex and a separate single‑family home.
    Public sewer access.
    Cable availability.
    Built in 1946, offering potential for renovation or redevelopment.
    View details
    Wooded Mobile Home Park
    Updated: Aug 10
    Wooded Mobile Home Park

    748 Franklin Ave, Lexington, TN 38351

    $599,000
    18.50 AC lot
    18.5‑acre mobile home and RV park property within the Lexington city limits
    11 trailers on the premises, all leased on a month‑to‑month basis
    Approximately 15 acres of heavily wooded, private land
    Two block buildings positioned at the front of the property
    Located just off Highway 412 E
    View details
    Mobile Home Park with 79 Pads
    Mobile Home Park with 79 Pads

    670 Smith Avenue & 283 Ayers Street, Lexington, TN 38351

    Contact for pricing

    Mobile home park offering 79 pads at two address points in Lexington, TN.

    View details
    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 50 Potential Opportunities for your consideration. Besides 3 Active listings in Lexington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 Off-Market properties to explore as potential leads, plus 3 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.

    Mixed-Use Market and Restaurant
    Mixed-Use Market and Restaurant

    7386 Mount Carmel Road, Decaturville, TN 38329

    $650,000
    6,400 sqft 1.38 AC lot

    The property combines grocery retail, family dining, apartments, billiards, outdoor seating, and equipment storage.

    View details
    Stabilized Multifamily Portfolio in Jackson
    Stabilized Multifamily Portfolio in Jackson

    112 Holland Avenue, Jackson, TN 38301

    $3,250,000
    5,090 sqft

    35-unit portfolio in high-demand rental areas of West Tennessee.

    View details
    Mixed-Use Market and Restaurant
    Mixed-Use Market and Restaurant

    7386 Mount Carmel Road, Decaturville, TN 38329

    Contact for pricing
    6,400 sqft 1.38 AC lot

    Property combines a grocery market, family restaurant, and two rental apartments plus billiards room and ample parking.

    View details
    Jackson, TN Multifamily Development Land
    Jackson, TN Multifamily Development Land

    1600 Park Ridge Drive, Jackson, TN 38301

    $500,000
    11.00 AC lot

    Entitled apartment site in Jackson's highest density multifamily zone.

    View details

    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.

    Huron, TN Wooded Land
    Huron, TN Wooded Land

    1070 Pollock Road, Huron, TN 38345

    $55,000
    5.04 AC lot

    5 acre wooded lot ready for your dream home.

    View details
    Creek Lot in Gated Subdivision
    Creek Lot in Gated Subdivision

    121 PINTAIL Ln lot: 236, Clifton, TN 38425

    $90,000
    1.20 AC lot

    Creek-side lot with utilities and community amenities.

    View details
    Tennessee River Front RV Lot
    Tennessee River Front RV Lot

    1017 River Front Drive, Clifton, TN 38425

    $109,000
    0.30 AC lot

    RV lot with canopy, utilities, and river access.

    View details

    Off-Market Properties in Lexington, TN

    Consider similar Off-Market properties in Lexington, 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.

    Hwy 22nd S
    MOBILE HOME PARK, TRAILER PARK

    Hwy 22nd S, Lexington, TN 38351

    $115,000
    Estimated value
    4.69 AC lot
    View details
    Hwy 104th N
    MOBILE HOME PARK, TRAILER PARK

    Hwy 104th N, Lexington, TN 38351

    $60,000
    Estimated value
    0.73 AC lot
    View details
    Pollock St
    MOBILE HOME PARK, TRAILER PARK

    Pollock St, Lexington, TN 38351

    $145,000
    Estimated value
    0.46 AC lot
    View details
    Ayers St
    MOBILE HOME PARK, TRAILER PARK

    Ayers St, Lexington, TN 38351

    Value Estimation by Request
    1.00 AC lot
    View details
    Crosser Ln
    MOBILE HOME PARK, TRAILER PARK

    Crosser Ln, Lexington, TN 38351

    $165,000
    Estimated value
    1,008 sqft 0.20 AC lot
    View details
    9911 Hwy 412th W
    MOBILE HOME PARK, TRAILER PARK

    9911 Hwy 412th W, Lexington, TN 38351-5711

    $150,000
    Estimated value
    1.91 AC lot
    View details
    43 Ables Ln
    MOBILE HOME PARK, TRAILER PARK

    43 Ables Ln, Lexington, TN 38351-1757

    $375,000
    Estimated value
    700 sqft 7.54 AC lot
    View details
    Hwy 22nd A
    MOBILE HOME PARK, TRAILER PARK

    Hwy 22nd A, Lexington, TN 38351

    $90,000
    Estimated value
    2.69 AC lot
    View details
    486 Pope Rd
    MOBILE HOME PARK, TRAILER PARK

    486 Pope Rd, Lexington, TN 38351-6654

    $70,000
    Estimated value
    0.70 AC lot
    View details
    17985 Hwy 412th E
    MOBILE HOME PARK, TRAILER PARK

    17985 Hwy 412th E, Lexington, TN 38351-5832

    $65,000
    Estimated value
    1,680 sqft 3.59 AC lot
    View details
    Crazy Doe Rd
    MOBILE HOME PARK, TRAILER PARK

    Crazy Doe Rd, Lexington, TN 38351

    $160,000
    Estimated value
    4.40 AC lot
    View details
    Poorhouse Rd
    MOBILE HOME PARK, TRAILER PARK

    Poorhouse Rd, Lexington, TN 38351

    $70,000
    Estimated value
    2.14 AC lot
    View details
    7200 Hwy 22nd N
    MOBILE HOME PARK, TRAILER PARK

    7200 Hwy 22nd N, Lexington, TN 38351

    $160,000
    Estimated value
    1.14 AC lot
    View details
    191 Bent Twig Ln
    MOBILE HOME PARK, TRAILER PARK

    191 Bent Twig Ln, Lexington, TN 38351-8105

    $365,000
    Estimated value
    1,064 sqft 10.00 AC lot
    View details
    Roy Pruitt Rd
    MOBILE HOME PARK, TRAILER PARK

    Roy Pruitt Rd, Lexington, TN 38351

    $265,000
    Estimated value
    1.00 AC lot
    View details
    660 Azbill Rd
    MOBILE HOME PARK, TRAILER PARK

    660 Azbill Rd, Lexington, TN 38351-7006

    $325,000
    Estimated value
    7.13 AC lot
    View details
    Sandy Rd
    MOBILE HOME PARK, TRAILER PARK

    Sandy Rd, Lexington, TN 38351

    $265,000
    Estimated value
    3.00 AC lot
    View details
    Old Huntingdon St
    APARTMENT HOUSE (UNDER 5 UNITS)

    Old Huntingdon St, Lexington, TN 38351

    $420,000
    Estimated value
    5,322 sqft 4.19 AC lot
    View details
    391 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    391 Main St, Lexington, TN 38351-1745

    $520,000
    Estimated value
    14,035 sqft 3.70 AC lot
    View details
    660 Azbill Rd
    MOBILE HOME PARK, TRAILER PARK

    660 Azbill Rd, Lexington, TN 38351-7006

    $275,000
    Estimated value
    1.00 AC lot
    View details
    Smith Ave
    MOBILE HOME PARK, TRAILER PARK

    Smith Ave, Lexington, TN 38351

    $285,000
    Estimated value
    840 sqft 4.14 AC lot
    View details

    Lexington, TN Multifamily Properties Market Trends and Statistics

    Explore 43 multifamily properties for sale in Lexington, TN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,160 square feet of properties for sale, with an estimated market value of $718,000.

    Sale prices for multifamily properties in Lexington, TN start at $119,000, averaging $359,000, and reaching up to $599,000 — 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

    Mobile home & RV parks 2
    Duplexes 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +0.5%
    Median Household Income $53,573
    College Educated 17.8%

    High-Yield Neighborhoods for Investment

    Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38351 $119K

    Taxes & Financing

    Tax Rate (average for all types) 2.75%
    Property Tax per SF $52.60 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Henderson County

    New Delisted

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