$900,000

4921 Highway 48, N, Nunnelly, TN 37137

  • 3,672 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1989
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $245/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

SVN | Accel Commercial Real Estate proudly presents The Meadows, a 6-unit multifamily property located along Hwy 48 N in Nunnelly, Tennessee. The front building features four identical one-bedroom, one-bath units and one slightly modified layout (Unit 5), while the detached rear home (Unit 6) offers a two-bedroom, one-bath configuration. All units are rented weekly under annual leases, offering both consistent cash flow and long-term stability. This deal is currently operating at a 7% cap rate. The property attracts reliable tenants seeking affordable housing in a peaceful, rural environment within close proximity to Dickson and Centerville. With proven performance, strong occupancy, and upside through modest upgrades, The Meadows provides investors a turnkey, cash-flowing asset with potential for rent growth. This can be bought as a portfolio of 27 units or separately. MLS #s 3041735, 3041741, 3041742, 3041745 Highlights: 6 total units (mix of 1BR/1BA and 2BR/1BA) Fully occupied; weekly rent payments under annual leases Detached 2BR home for rental diversity Peaceful rural setting with Hwy 48 frontage Reliable tenant base and stable returns

Listing Status:
Active
Date Added:
November 6, 2025 at 07:58PM
Listing Office:
SVN Accel Commercial Real Estate : 6152602121
Listing Agent:
Brian Truman : 6152602121
MLS ID:
3041742
  • Flooring: Tile
  • A/C: Central Air
  • Heating: Central
  • Parking: Parking spaces: 0
  • General: One
  • Originating MLS: realtrac
  • County: Hickman CountyTN
  • Zoning: N/A041035 03704 00006035
  • Utilities: Water Available
  • Water: Public
  • Sewer: Septic Tank
  • Source: realtrac

This listing courtesy of Brian Truman, SVN Accel Commercial Real Estate

Monthly Payment

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

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Location

Schools Nearby

C

Centerville Elementary School

104 Maryfield Ave, Centerville, TN, 37033

Grades PK-2

8.80 miles away

H

Hickman County Middle School

1639 Bulldog Blvd, Centerville, TN, 37033

Grades 6-8

7.35 miles away

H

Hickman County Sr High School

1645 Bulldog Blvd, Centerville, TN, 37033

Grades 9-12

7.60 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.

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