Mount Carmel, TN Multifamily properties for sale

Updated: Aug 3

Duplex with In-Ground Pool

207 Cherry Street, Mount Carmel, TN 37645

$480,000

3,750 sqft

3,750‑square‑foot duplex with two residential units
Each unit includes 2 bedrooms, 1 full bathroom, and a full basement
Both units vacant; HVAC systems and gutters replaced in 2025
Metal roof installed in 2014
Shared in‑ground pool and pool house

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Updated: Apr 20

Multifamily Property with MX-2 Zoning

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

$350,000

2,250 sqft 1.00 AC lot

MX‑2 zoning on approximately 1 acre of level land
Two tenant‑occupied dwellings totaling 2,250 square feet
Two separate addresses: 200 & 202 W Main Street
1945 construction with vinyl siding and metal roof
Public water and public sewer

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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 14 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 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.

Historic Riverfront Apartment Building

2000 Netherland Inn Road, Kingsport, TN 37660

$1,149,000

10,034 sqft 0.60 AC lot

Income-focused multifamily asset with updated units and riverfront views near downtown Kingsport amenities.

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Historic Bank Building Adaptive Reuse

255 Broad St, Kingsport, TN 37660

Contact for pricing

26,100 sqft

Three-story historic landmark with cellar, rooftop deck, and intact bank vault in Kingsport’s B-2 Central Business District.

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25-Unit Multifamily Portfolio

908 Chadwick Dr, Kingsport, TN 37660

$1,595,000

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

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12-Unit Townhome-Style Apartment Building

525 Scott County Road, Kingsport, TN 37660

$1,350,000

1.03 AC lot

Zoned B1 with 2-bed, 1.5-bath townhomes.

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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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3.35 Acres in Midway, TN

3.35 Oakwood Road, Midway, TN 37809

$30,000

3.35 AC lot

3.35 acres of lightly restricted land ready for your vision.

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Tennessee Mountain Retreat Land

409 Dean Road, Unit 14, Mooresburg, TN 37811

$84,900

414,255 sqft 9.51 AC lot

9.51 acres with camper, utilities, and mountain views.

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Scenic Land with Mountain Views

Summit Avenue, Lebanon, VA 24266

Contact for pricing

1.10 AC lot

1.1 acres of land near Lebanon, VA, perfect for building.

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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

$12,975,000

Estimated value

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

Value Estimation by Request

1.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

1439 Wolfe Ln, Mount Carmel, TN 37645-3024

Value Estimation by Request

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 $830,000.

Sale prices for multifamily properties in Mount Carmel, TN start at $350,000, averaging $415,000, and reaching up to $480,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.