Property profile

2 White St Athens, TN 37303

OFF-MARKET
Banks
Property ID
US80-3279894
4,830 SF 0.05 ac lot Built 1908
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property at 2 N White Street in Athens, Tennessee presents a lucrative investment opportunity. The 3,780 square foot building sits on a 0.05-acre lot at a prime corner location at the intersection of Jackson Street and Courthouse Square. The property boasts a strong rental history with immediate income potential for the new owner. The main level features a street-level storefront currently leased to a children's clothing store for $1,500 per month. Upstairs, the building includes two renovated two-bedroom apartments, each generating $1,200 in monthly rent. Additionally, a newly renovated one-bedroom apartment on the ground floor provides an additional $800 in monthly rental income. This translates to a substantial total monthly rental income of $4,100. The previous owner completed significant renovations, updating the storefront space and the apartments to a high standard. The property's excellent location and strong tenant occupancy make this a rare find in the Athens market. Serious inquiries should provide adequate notice to allow for tenant scheduling. This is a turnkey investment ready to generate immediate returns.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1908
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,830 SF
Lot 0.05 ac (2,178 SF)
APN 054056M C 04500
UPID US80-3279894

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • (Bike/Boat/Book/etc) Store

Location

2 White St Athens, TN 37303-3547
Athens metro Census 970202 ATHENS, TN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2026
Last sale
$300,000
7 recorded transactions
2026
$300,000
2022
$300,000
2019
$229,000
2016
$221,500
2016
Price N/A
2011
$170,100
2008
$155,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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