$235,000

80 Mclarty Lane, Crossville, TN 38555

  • 1,274 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $184/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Investor opportunity in a prime in-town location! This 3-unit multifamily property offers excellent potential with walkable access to shopping, restaurants, and everyday conveniences. Built in 1962, the building includes two main-level units and one upper-level unit, all currently vacant and ready for renovation or lease-up. Each unit is a 1-bedroom, 1-bath layout, with approximately 427 sq ft in the two downstairs units and 416 sq ft in the upper unit. Interiors in need of updates, giving buyers the chance to modernize and add value. Unit 1 has had some updates to the bath, kitchen, and flooring. Utilities currently combined on 1 meter. Exterior features include a 70' x 190' lot, driveway parking, a large rear deck, and a covered front porch. A metal roof was installed a few years ago, and the structure offers solid bones for improvement. With projected rents around $750 per unit or more with renovations, this property provides strong potential cash flow. Its close proximity to town enhances rental demand, especially for affordable 1-bedroom units. Whether you're an investor seeking value-add potential or a buyer looking to expand a rental portfolio, this multifamily property offers a rare chance to purchase three units for just $235,000 in a highly convenient location. An additional lot is available next door to be purchased with this property for an additional $30,000.

Listing Status:
Active
Date Added:
December 8, 2025 at 06:00AM
Listing Office:
Berkshire Hathaway HomeServices Southern Realty : 931-707-7800
MLS ID:
1323780
  • Appliances: RefrigeratorRange
  • Flooring: CarpetVinylLuxury Vinyl Plank
  • A/C: Other
  • Heating: OtherElectric
  • Parking: Off Street
  • Roofing: Metal
  • General: FrameMetal SidingOther
  • Originating MLS: East Tennessee REALTORS® MLS
  • County: Cumberland County - 34
  • Zoning: 100F B 017.01
  • Source: East Tennessee REALTORS® MLS

This listing courtesy of Berkshire Hathaway HomeServices Southern Realty

Monthly Payment

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

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Location

Schools Nearby

G

Glenn Martin Elementary School

1362 Miller Ave, Crossville, TN, 38555

Grades PK-8

1.20 miles away

G

Glenn Martin Elementary School

1362 Miller Ave, Crossville, TN, 38555

Grades PK-8

1.20 miles away

T

The Phoenix School

203 Taylor St, Crossville, TN, 38555

Grades 9-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.