Tennessee Triplexes for Sale

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Updated: Jun 29

Multi-Family Property with Unfinished Unit

123 E Springdale Ave, Knoxville, TN 37917

$265,000

1,956 sqft 0.17 AC lot

Multi‑family property includes a historic home built in 1915 with vinyl siding, block, and frame construction
Zoned commercial and features a layout with 4 units total, including one unfinished fourth unit on the upper floor
Each dwelling has a dedicated electric meter for independent utility usage
Central air cooling; heating includes natural gas, heat pump, and electric heating
Newer shingle roof reported; vinyl flooring throughout

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This listing looks promising.

Here's a quick look at some key insights for

123 E Springdale Ave, Knoxville, TN 37917

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Est. Cap Rate

7.2%
Above avg (5.9%)
Est. NOI

$19K
Annual
Price @ 7% Cap

$273K
Above asking
Property Type

Single Family Residence
Built 1915

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Updated: May 5

Office Building with Upper Apartments

306 W Broad St, Livingston, TN 38570

$595,000

8,735 sqft 0.59 AC lot

Office building built in 1971 with central air and natural gas central heating
Divided into 2 suites at 2,500 SF each, with office, break room, and bathroom space
Suite 1 layout includes 5 offices, break room, 2 bathrooms, and a spacious lobby with storage
Suite 2 includes a big lobby, work/break space, and 3 bathrooms; currently rented for $1,300/month
Upper level accessible via exterior staircase offers (3) 2‑bedroom, 1‑bath apartments (apartments need work)

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Townhome Triplex for Sale

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

$899,900

1,556 sqft 0.42 AC lot

Three new townhomes offer four-bedroom layouts with main-level bedrooms and full baths, suited to rental or owner-occupancy.

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Mixed-Use Rental Building

801 Peavine Rd., Crossville, TN 38571

$690,000

4,247 sqft 0.55 AC lot

Multi-tenant building with three commercial rental suites and basement apartments, with tenants paying utilities except water.

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Brick Triplex with Detached Garage

503 Georgia Avenue, Unit 11, Bristol, TN 37620

$350,000

13,939 sqft

Two-story brick triplex with three rental units, individual utility responsibility, and a detached three-car garage.

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Triplex Cabin with Furnished Units

131 John Green Road, Gatlinburg, TN 37738

$699,800

2,880 sqft 1.01 AC lot

Three fully furnished triplex units with updated kitchens and bathrooms, plus exterior stairs and amenities including hot tub.

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Remodeled Triplex with Hot Tub

2814 Seth Road, Pigeon Forge, TN 37863

$1,499,900

3,420 sqft 0.40 AC lot

Fully remodeled triplex with three one-level 2BR/2BA units, furnished for short-term rentals, plus an outdoor firepit and hot tub.

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Multifamily Mobile Home Compound

427 & 439 Thorngrove Pike, Kodak, TN 37764

$1,350,000

2,931 sqft

Secluded, unrestricted acreage with two income mobile homes, a mobile work facility, and spring-fed pond with stream.

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Turn-Key Kingsport Condo Investment

308 East Sullivan Street, Unit PT12, Kingsport, TN 37660

$499,900

2,969 sqft

Three-unit condo in downtown Kingsport, fully furnished and remodeled.

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Mixed-Use Building with Retail/Office

2783 Island Road, Blountville, TN 37617

$240,000

600 sqft 0.51 AC lot

Three residential units plus a retail/office lease space fronting Highway 394, offering flexible income-generating use.

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Tri-Plex with Mountain Views

2482 Elk Way, Newport, TN 37821

$379,999

3,561 sqft 0.78 AC lot

Turnkey Newport tri-plex with three leased 1-bedroom units, featuring recent roof replacement and new HVAC systems.

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Dandridge Triplex with Rental History

799 Haynes Road, Unit A B C, Dandridge, TN 37725

$539,000

3,432 sqft

Turn-key triplex in Dandridge with strong rental income potential.

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Three-Unit Residential Income Property

2703 Bridalwood Drive, Knoxville, TN 37917

$400,000

2,682 sqft 0.26 AC lot

Three rental units with recent interior updates are offered in as-is condition for an owner-occupant or investor.

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Three-Unit Triplex Investment

701 North F Street, Lenoir City, TN 37771

$600,000

2,475 sqft

Practically new triplex with three 2-bedroom, 2-bath units and private decks, offering flexible owner-occupant or investor use.

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Three-Cabin Multi-Family Compound

236 Beech Street, Sneedville, TN 37869

$639,900

3,216 sqft 34.81 AC lot

For sale compound includes three cabins with multiple storage sheds on 34.81 acres.

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Leased Tri-Plex with Mountain Views

2482 Elk Way, Newport, TN 37821

$379,999

3,561 sqft 0.78 AC lot

Three leased 1-bedroom, 1.5-bath units in a tri-plex with mountain views at both front and rear.

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Spring City Triplex Investment Opportunity

197 Wedgewood Lane, Spring City, TN 37381

$425,000

4,520 sqft 1.50 AC lot

Three separate units on 1.5 acres near Spring City.

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Fully Vacated Triplex Opportunity

4675 University Drive, Collegedale, TN 37363

$415,000

1,755 sqft 0.51 AC lot

Triplex property with multiple residential units on 0.51 acres, now fully vacated and ready for a new ownership plan.

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Memphis Triplex Investment Opportunity

1531 Court Ave, Memphis, TN 38104

$370,000

2,580 sqft

Triplex in 38104, currently operating as short-term rental.

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Renovated Triplex with Private Entrance

6314 Fisk Avenue, Chattanooga, TN 37421

$325,000

2,497 sqft 0.32 AC lot

Three separately metered units with in-unit laundry and LVP flooring, including a vacant, newly renovated unit for immediate occupancy.

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Clarksville Triplex Investment Opportunity

520 Patriot Park Ct, Clarksville, TN 37042

$615,000

3,750 sqft

Triplex in high-demand area with garages and private patios.

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Crossville Triplex Investment Opportunity

1202 Bowman Loop, Crossville, TN 38571

$351,900

3,024 sqft 1.00 AC lot

Well-maintained triplex with strong rental and investment potential.

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Turn-Key Kingsport Condo Investment

308 E Sullivan Street, Kingsport, TN 37660

$499,900

2,969 sqft 0.02 AC lot

Three-unit condo, fully furnished, remodeled, with established clientele.

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Sevierville Income-Generating Triplex Opportunity

1373 Avenue D, Sevierville, TN 37876

$159,900

1,064 sqft 0.31 AC lot

Triplex near Douglas Lake, ideal for investors seeking cash flow.

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Tennessee Triplexes Market Trends and Statistics

Explore 48 triplexes for sale in Tennessee, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 127,358 square feet of properties for sale, with an estimated market value of $18,397,097.

Sale prices for three-family homes in Tennessee start at $94,900, averaging $497,218, and reaching up to $1,499,900 — 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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