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    Lancaster, TN Residential Income Properties for Sale

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    Turnkey Church and Multi-Purpose Building
    Updated: Mar 17
    Turnkey Church and Multi-Purpose Building

    732 Lancaster Hwy, Lancaster, TN 38569

    Contact for pricing
    1.00 AC lot
    Versatile RC zoning allows for residence, rentals, event venue, recording studio, etc.
    Located minutes from Center Hill Lake, offering convenient access to water activities.
    Turnkey building with potential for immediate use as a church, residence, or rental property.
    Spacious building on a full acre with stunning countryside views in a private setting.
    Features include solid oak floors, stained‑glass windows, a large fellowship hall, four classrooms, and a full kitchen.
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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 10 Potential Opportunities for your consideration. Besides 1 Active listings in Lancaster, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Multifamily Property with Barn
    Multifamily Property with Barn

    121 Locust Grove Rd, Cookeville, TN 38501

    $375,000
    0.40 AC lot

    Commercially zoned compound with rental cottages, barn units, and 2 RV hookups requiring renovation.

    View details
    16-Unit Townhome Apartment Complex
    16-Unit Townhome Apartment Complex

    122 W Broad St, Smithville, TN 37166

    $4,000,000
    25,536 sqft

    Turnkey 16-unit townhome complex featuring 3-bedroom, 2.5-bath layouts with large kitchens and pantry/laundry rooms.

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    Brick Mixed-Use Building
    Brick Mixed-Use Building

    1870 W Broad St, Cookeville, TN 38501

    Contact for pricing
    2,000 sqft 1.53 AC lot

    Under-construction brick building on 1.53 acres with office space on the ground level and two-bedroom living quarters below.

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    Remodeled Mixed-Use Property
    Remodeled Mixed-Use Property

    118 W Walnut St, Smithville, TN 37166

    $378,000

    Flexible interior includes a full kitchen, updated bathroom, and private backyard.

    View details

    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.

    Land with Outbuildings
    Land with Outbuildings

    53.19AC Watts Hollow Rd, Buffalo Valley, TN 38548

    $349,500
    53.19 AC lot

    53.19 acres of rolling Tennessee land with two outbuildings, an older mobile home, and utilities on site.

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    Recreational Timberland with Outbuildings
    Recreational Timberland with Outbuildings

    53.19AC Watts Hollow Rd, Buffalo Valley, TN 38548

    $349,500
    53.19 AC lot

    Rolling 53.19-acre forest property with marketable timber, two outbuildings, and an older mobile home.

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    Zoned Agricultural Land with Septic
    Zoned Agricultural Land with Septic

    21.03ac Watts Hollow Rd, Buffalo Valley, TN 38548

    $150,000
    21.03 AC lot

    21.03 acres in AGR zoning with a permitted two-bedroom septic system and survey on file.

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    Silver Point Acre with Lake Views
    Silver Point Acre with Lake Views

    Back Ranch Dr lot: 27, Silver Point, TN 38582

    $154,900
    1.00 AC lot

    One-acre lot with lake views in Silver Point, Tennessee.

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    Off-Market Properties in Lancaster, TN

    Consider similar Off-Market properties in Lancaster, 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.

    450 Cv Holw Cir
    MOBILE HOME PARK, TRAILER PARK

    450 Cv Holw Cir, Lancaster, TN 38569-6286

    Value Estimation by Request
    432 sqft
    View details

    Lancaster, TN Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Lancaster, TN on our real estate platform.

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    Demographics Overview

    Population 316
    Population Growth (5Y) +154.8%
    College Educated 63.0%

    Listings Trend

    New vs delisted commercial listings in Smith County

    New Delisted

    Total CRE Inventory on Market (SF)

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