USATNWestmorelandDowntown5213 Austin Peay Hwy

New

$99,000

For Sale

6 days ago

5213 Austin Peay Hwy, Westmoreland, TN

Name: 5213 Austin Peay Hwy, For Sale in Westmoreland - eXp Realty
Brand: Realty One Group Music City
SKU: 3247739
Price: 99000 USD

House

MLS® 3247739

0 Bed

0 Bath

2761 sqft

8 Parking

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size 2761 sqft

Garage

Taxes $2,319

Days Active 6

Lot Size

Approx. Age 1950

Avg. Price Per Sqft $35

MLS® Number 3247739

Property Address: 5213 Austin Peay Hwy, Westmoreland, TN, 37186-2285

Average square foot calculated using Size range provided by listing agent.

Description

Calling All Investors! Exceptional Value-Add Opportunity with Cash Flow Don't miss this rare opportunity to acquire a recently renovated, income-producing property in a prime downtown location. Major capital improvements have already been completed, including a new roof, two brand-new HVAC units, and all new flooring, significantly reducing future maintenance expenses. This versatile property features three separate 2-bedroom, 1-bath units, offering multiple investment strategies. Currently, 1 of the 3 units are leased and generating income, while the other two units are undergoing a full renovation and presents the opportunity to add approximately $2400+ per month in additional rental income. Zoned Commercial, this property offers tremendous flexibility for investors and owner-users alike. Continue operating as residential rentals, convert units to professional offices, retail space, service businesses, or create a mixed-use investment. The existing 2-bedroom layout with kitchen could easily serve as office space, a boutique storefront, salon, studio, or other commercial use. Positioned in the heart of downtown and directly across from established businesses, the property benefits from excellent visibility, significant road frontage, and strong future growth potential. Highlights Include: Each unit has their own utility meters 3 units, each offering 2 bedrooms and 1 bathroom 1 units currently leased and cash flowing Value-add opportunity through 2 units fully renovated New roof Two new HVAC systems New flooring throughout Commercial zoning with multiple use possibilities Excellent downtown location Strong road frontage and visibility Ideal for investors, business owners, or mixed-use development Whether you're looking to expand your rental portfolio, establish a commercial presence, or capitalize on a flexible mixed-use investment, this property offers immediate income with significant upside potential.

MLS® Number3247739

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1950

Basement

DrivewayAggregate, Concrete, Driveway

Garage Spaces

HeatElectric

A/CWall/Window Unit(s)

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 23, 2026List Date

$99,000List Price

Commute

Commute

Starting Address

Destination Address

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