2048 Railroad St Dayton, TN 37321
This exceptional 8-unit apartment building, located at 2048 Railroad St, Dayton, TN 37321, presents a compelling investment opportunity. Built in 2008, this property comprises two, two-story buildings situated on a 0.3-acre lot, totaling 4,640 square feet of net rentable space. Each of the eight units offers a comfortable and well-designed layout, ideal for individuals or couples. The property's prime location in Dayton, Rhea County, provides convenient access to shopping, dining, and medical facilities, ensuring consistently high tenant demand. With a strong rental history and significant potential for future appreciation, this multifamily investment offers a secure and profitable return. The asking price is $725,000, translating to $156.25 per square foot and $90,625 per unit. This owner/user investment is an excellent addition to any portfolio seeking stable income and long-term growth in a desirable Tennessee market. The property's strong performance and location make it a truly attractive investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.