Mount Carmel, TN Multifamily properties for sale

Updated: Aug 3

Brick Duplex with Pool

207 Cherry Street, Mount Carmel, TN 37645

$450,000

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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Updated: Apr 20

Two-Dwelling Multifamily Property

200 & 202 W Main Street, Mount Carmel, TN 37645

$350,000

2,250 sqft 1.00 AC lot

Two tenant‑occupied dwellings totaling 2,250 square feet
Approximately 1 acre of land at 200 & 202 W Main Street
MX‑2 zoning
Public water and public sewer
Built in 1945 with metal roof

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Duplex on Level Lot

200 Main St W, Mount Carmel, TN 37645

Contact for pricing

3,146 sqft 1.00 AC lot

Two tenant-occupied dwellings on approximately one acre of deep, level land with MX2 zoning flexibility in Mount Carmel.

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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 11 Potential Opportunities for your consideration. Besides 3 Active listings in Mount Carmel, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 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.

Historic 10-Unit Apartment Building

2000 Netherland Inn Road, Kingsport, TN 37660

$1,149,000

10,034 sqft 0.60 AC lot

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

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Updated Historic Apartment Building

2000 Netherland Inn Rd, Kingsport, TN 37660

$1,149,000

10,034 sqft

Riverfront apartment property with renovated units, residential utility billing, and access to downtown Kingsport amenities.

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Two-Home Multifamily Property

1138 Fairview Ave, Kingsport, TN 37660

$199,000

2,580 sqft

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

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25-Unit Multifamily Portfolio

908 Chadwick Drive, Kingsport, TN 37660

$1,495,000

Well-maintained 25-unit portfolio across six buildings, currently 100% occupied with 1- and 3-bedroom unit options.

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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 Lot in Rogersville, TN

E Main Street, Rogersville, TN 37857

$49,000

0.42 AC lot

Unrestricted 0.42-acre lot suitable for double-wide homes.

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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.

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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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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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 9,146 square feet of properties for sale, with an estimated market value of $800,000.

Sale prices for multifamily properties in Mount Carmel, TN start at $350,000, averaging $400,000, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
37645	$400K

Neighborhood

Average Price

37645

$400K