Tennessee Triplexes for Sale

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Updated: Jul 24

Three-Unit Multifamily Property

6625 Vaden Dr, Chattanooga, TN 37421

$369,000

3,340 sqft

3,340‑square‑foot triplex built in 1999
Upper unit measures 1,670 square feet with 3–4 bedrooms and 2 full bathrooms
Two lower‑level apartments each include 1 bedroom and 1 full bathroom
100% occupied across all three units
Three electric meters, three separate heat pumps, and one water meter

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6625 Vaden Dr, Chattanooga, TN 37421

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$33K
Annual
Price @ 7% Cap

$468K
Above asking
Property Type

Triplex
Built 1999

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Updated: Aug 20

5-Unit Short-Term Rental Property

109/115 E Glenwood Ave, Knoxville, TN 37917

$1,099,900

4,907 sqft 0.28 AC lot

Five units across two neighboring properties at 109 & 115 E Glenwood Ave
4,907 square feet on 0.28 acres; constructed in 1920
109 E Glenwood Ave is a commercially zoned triplex
Four units previously operated as short‑term rentals; one operated as a long‑term rental
Non‑owner‑occupied short‑term rental permit obtained for the triplex, subject to applicable regulations

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Quadplex With Event Hall

355/359 County Road 475, Etowah, TN 37331

$1,500,000

12,796 sqft

Income-producing residential property with multiple dwellings, shared laundry facilities, and an event hall in a mountain setting.

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New Construction Triplex

212-216 W Jere Whitson Road, Cookeville, TN 38501

$889,900

1,556 sqft 0.42 AC lot

Three townhome residences near Tennessee Technological University offer open living areas and main-level bedrooms with full baths.

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Renovated Residential Income Property

30 E Thompson Ln, Nashville, TN 37211

$799,000

2,075 sqft

Renovated multi-unit home configured as two 2-bedroom residences plus a studio apartment, with covered screened outdoor space.

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Multi-Family Income Property with Event Hall

355/359 County Road 475, Etowah, TN 37331

$1,500,000

12,796 sqft

Multi-structure rental portfolio on 24.25+/- acres featuring a triplex, quadplex, community laundry, and a lower-level event hall.

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Furnished Three-Unit Triplex

131 John Green Road, Gatlinburg, TN 37738

$649,900

2,880 sqft 1.01 AC lot

Three private residences offer separate entrances, kitchens, living areas, bedrooms, bathrooms, and laundry facilities.

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Fully Remodeled Triplex for Short-Term Rentals

2814 Seth Road, Pigeon Forge, TN 37863

$1,499,900

3,420 sqft 0.40 AC lot

Triplex with three remodeled 2-bedroom, 2-bath units on one level, furnished for short-term stays with central HVAC and shared septic.

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Income-Producing Triplex Property

355/359 County Road 475, Etowah, TN 37331

$1,500,000

12,796 sqft 24.25 AC lot

Multi-building residential income property with event facilities, acreage, and established rental improvements in East Tennessee.

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Triplex Compound with Mobile Homes

427 & 439 Thorngrove Pike, Kodak, TN 37764

$1,350,000

2,931 sqft

Secluded Kodak compound with two mobile homes, a detached workshop, and A-1 zoning with no HOA and hunting allowed.

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Triplex Development Property

907 N Highland Avenue, Jackson, TN 38301

$274,900

6,800 sqft 0.28 AC lot

Prior architectural plans support evaluation of a configurable multifamily development concept.

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Renovated 5-Unit Apartment Buildings

109/115 E Glenwood Ave, Knoxville, TN 37917

$1,099,900

4,907 sqft

Two neighboring properties combine renovated interiors, private entrances, in-unit laundry, and off-street parking near Downtown Knoxville.

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Remodeled Triplex with Lake Access

123 Substation Road, Mooresburg, TN 37811

$325,000

2,036 sqft 1.68 AC lot

Three separate homes on one parcel, including a 2020 top-to-bottom remodeled residence near Cherokee Lake access.

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Historic Triplex with Unfinished Unit

123 E Springdale Ave, Knoxville, TN 37917

$260,000

1,956 sqft 0.17 AC lot

Commercially zoned property with separate electric meters and a newer roof near Knoxville’s Happy Holler district.

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Renovated All-Brick Triplex

2332 Batavia St, Nashville, TN 37208

$800,000

1,950 sqft

Renovated three-unit property with two-bedroom, one-bath residences near Downtown Nashville.

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Triplex Property with Separate Utilities

108 N Knob Creek Rd, Seymour, TN 37865

$339,900

3,417 sqft

Three-unit residential income property with a brick home, basement kitchen, and detached double-wide residence.

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Triplex Ranch with Attached Garage

2609 Campbell Bridge Road NW, Cleveland, TN 37312

$360,000

1,925 sqft

Brick triplex on a flat half-acre lot with one extra-long attached one-car garage on an end unit.

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Three-Unit Triplex with Garages

106 Adkins St, Clarksville, TN 37042

$675,000

1,412 sqft

Fully rented three-unit property with a one-car garage for each unit.

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Remodeled Three-Unit Condo Investment

308 E Sullivan Street, Kingsport, TN 37660

$499,900

2,969 sqft 0.02 AC lot

B-2 zoned three-unit condo with central HVAC, public water and public sewer, and cable available.

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Brick Triplex with Attached Garage

2609 Campbell Bridge Road, NW, Cleveland, TN 37312

$349,900

1,925 sqft 0.50 AC lot

Three residential units feature one-bedroom layouts, individual parking, and month-to-month tenancy.

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Triplex With Updated Interiors

1373 Avenue D, Sevierville, TN 37876

$124,900

1,064 sqft 0.31 AC lot

Three occupied apartments offer separate entrances, individual parking, and recent improvements in two units.

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3-Unit Residential Property

713 Lupton Dr, Chattanooga, TN 37415

$385,000

2,064 sqft

Each residence offers a two-bedroom, one-bath layout, with one currently vacant.

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Triplex With Updated Interior Finishes

2703 Bridalwood Drive, Knoxville, TN 37917

$400,000

2,682 sqft 0.26 AC lot

Triplex with three rental units and recent interior updates including fresh paint and new carpet throughout.

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Triplex with Mixed Unit Layout

3569 DOUGLASS Ave, Memphis, TN 38111

$280,000

1,514 sqft

Three residences offer a varied bedroom and bathroom mix within a compact multifamily property.

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Tennessee Triplexes Market Trends and Statistics

Explore 76 triplexes for sale in Tennessee, showcased through 76 active listings on our real estate platform. These investment opportunities span a total of 252,788 square feet of properties for sale, with an estimated market value of $34,345,997.

Sale prices for three-family homes in Tennessee start at $30,000, averaging $545,174, and reaching up to $3,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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