Multifamily

Mount Carmel, TN Multifamily Properties for Sale

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Rogersville, TN Surgoinsville, TN Kingsport, TN Gate City, VA Fall Branch, TN Duffield, VA Weber City, VA Eidson, TN
Apartment Building with Renovation Space
Updated: Oct 22
Apartment Building with Renovation Space

116 Highland Avenue, Church Hill, TN 37642

$749,900
2,304 sqft
Eight one‑bedroom, one‑bath apartments, each approximately 576 square feet
2,304 square feet of rear unfinished and partly finished space
Rear area includes a two‑bedroom, one‑and‑a‑half‑bath unit requiring renovation and a framed one‑bedroom unit
Roof replaced in 2020
Separate electric meters; heat pump heating and cooling
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Brick Duplex with Pool
Updated: Aug 3
Brick Duplex with Pool

207 Cherry Street, Mount Carmel, TN 37645

$400,000
3,750 sqft
Two‑unit duplex with 2 bedrooms and 1 full bathroom per residence
3,750 square feet with full basements containing finished and unfinished areas
New HVAC systems and gutters installed for both units in 2025
Metal roof installed in 2014
Shared backyard with in‑ground pool and pool house
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132-Unit Apartment Community with Renovated Units
132-Unit Apartment Community with Renovated Units

230 Silver Lake Rd, Church Hill, TN 37642

Contact for pricing
132 units
97% occupied  Highway access

Residents have access to a pool, fitness center, club room, basketball and tennis courts, and a stocked fishing pond.

Pool  Fitness center  Club room  Basketball court  Tennis court  Stocked fishing pond
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3 active listings match your search: Multifamily for sale in Mount Carmel, TN. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities and 3 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

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

Historic 10-Unit Apartment Building
Historic 10-Unit Apartment Building

2000 Netherland Inn Road, Kingsport, TN 37660

$1,149,000
10 units  10,034 sqft  Built 1937  0.6 acres

Updated brick apartments overlook the Holston River near Riverfront Park and downtown Kingsport.

8 x 2BR  2 x 1BR  Washer/dryer in select apartments
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Split-Level Duplex with Separate Entrances
Split-Level Duplex with Separate Entrances

3412 Glen Alpine Road, Kingsport, TN 37660

$235,000
2 units  2,128 sqft  1 building  Built 1958  0.28 acres

Two levels offer separate kitchens, laundry hookups, and climate-control systems.

Washer/dryer hookups  Fireplace  Sunroom  Deck
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Duplex with Studio Apartment
Duplex with Studio Apartment

629 Branch Street, Kingsport, TN 37660

$274,900
2 units  2,112 sqft  Built 1920  0.3 acres
$43,200 gross income

Two separate living spaces, each with private laundry, support residential use or rental occupancy.

4-bedroom, 2.5-bath  studio  Laundry
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Two-Home Multifamily Property
Two-Home Multifamily Property

1138 Fairview Ave, Kingsport, TN 37660

$199,000
2,580 sqft  2 buildings  Built 1991

Two separate residences provide flexible household arrangements and rental-use potential on one parcel.

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Off-Market Properties in Mount Carmel, TN

Consider similar Off-Market properties in Mount Carmel, 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.

1000 University Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

1000 University Blvd, Mount Carmel, TN 37645

Estimated value:
$12,890,000
9,660 sqft 28.60 AC lot
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5730 Carters Vly Rd
MOBILE HOME PARK, TRAILER PARK

5730 Carters Vly Rd, Mount Carmel, TN 37645-6306

Estimated value:
$295,000
1.00 AC lot
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1439 Wolfe Ln
MOBILE HOME PARK, TRAILER PARK

1439 Wolfe Ln, Mount Carmel, TN 37645-3024

Estimated value:
$270,000
11.13 AC lot
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Mount Carmel, TN Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Mount Carmel, TN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,054 square feet of properties for sale, with an estimated market value of $1,149,900.

Sale prices for multifamily properties in Mount Carmel, TN start at $400,000, averaging $574,950, and reaching up to $749,900 — 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 2

Demographics Overview

Population 5,504
Population Growth (5Y) +9.1%
Median Household Income $71,336
College Educated 18.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
37645 $420K

Listings Trend

New vs delisted commercial listings in Hawkins County

New Delisted

Total CRE Inventory on Market (SF)

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