About 416 1st Ave N
An incredible opportunity to grow your portfolio! This property is fully rented and has a cap rate over 11%! There are a total of 7 different apartments: 5-1bed/1bath units, 1-studio, 1-3 bed/1 bath. The 3 bedroom apartment has separate utility meter and tenant pays own utilities except water, the other 6 units utilities are included in rent. Four apartments have washer/dryer hook ups Ask list agent about an owner financing opportunity. The property is located very close to the town square and Rock Creek park. Please do not disturb tenants. Scheduled showings are required.
Features of 416 1st Ave N
| MLS® # | 3014947 |
|---|---|
| Price | $424,900 |
| Bathrooms | 0.00 |
| Square Footage | 4,439 |
| Acres | 0.00 |
| Year Built | 1922 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 416 1st Ave N |
|---|---|
| Subdivision | n/a |
| City | Lewisburg |
| County | Marshall County, TN |
| State | TN |
| Zip Code | 37091 |
Amenities
| Utilities | Water Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Construction | Brick, Vinyl Siding |
|---|
School Information
| Elementary | Marshall-Oak Grove-Westhills ELem. |
|---|---|
| Middle | Lewisburg Middle School |
| High | Marshall Co High School |
Additional Information
| Date Listed | October 10th, 2025 |
|---|---|
| Days on Market | 15 |
| Zoning | C-2 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Crye-Leike, Inc., REALTORS |
|---|