$269,000

138 S Main St, Cornersville, TN 37047

  • 2,074 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $130/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Investor opportunity in the heart of Cornersville! This historic antebellum tri-plex sits on a spacious 0.5 acre lot and offers a unique chance to step into real estate investing or expand your portfolio. The property features three units: one 2-bedroom, 1.5-bath apartment and two 1-bedroom, 1-bath units. The one-bedroom apartments are currently tenant-occupied, generating $1,100/month and $1,000/month, while the two-bedroom unit was recently leased through April 2026 at $1,300/month. With landlord-paid utilities, the property produces over $40,000 in annual gross rental income, and $30,000 net annual income. Full of character and history, this older home comes with its share of quirks—making it an ideal fit for investors or buyers who appreciate charm and see the potential in a one-of-a-kind property. Live in the larger unit while collecting rental income from the others, or lease all three for a strong income-producing asset. Positioned on a deep lot, the property may offer the opportunity to build an additional tri-plex or income-producing structure at the rear (buyer to verify zoning, setbacks, and feasibility), creating even more upside and long-term value. If you’re looking for something beyond the typical cookie-cutter rental, this is a rare opportunity to own a truly interesting property with income in place and room to grow.

Listing Status:
Active
Date Added:
April 27, 2026
Data Last Updated:
May 10, 2026 at 5:21AM
Listing Office:
The Bogetti Partners : 6158791623
Listing Agent:
Allie Boyde (Allison Robertson) : 6158791623
MLS ID:
3183393
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: WoodLaminate
  • A/C: Wall/Window Unit(s)
  • Heating: Radiant
  • Parking: Parking spaces: 0
  • General: One
  • Originating MLS: realtrac
  • County: Marshall CountyTN
  • Zoning: Commercial092P B 01500 000
  • Utilities: Water Available
  • Water: Public
  • Sewer: Private Sewer
  • Source: realtrac

This listing courtesy of Allie Boyde (Allison Robertson) , The Bogetti Partners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location