138 S Main St, Cornersville, TN 37047
Local realty services provided by:ERA Chappell & Associates Realty & Rental
138 S Main St,Cornersville, TN 37047
$269,000
- - Beds
- - Baths
- 2,074 sq. ft.
- Multi-family
- Active
Listed by: allie boyde (allison robertson)
Office: the bogetti partners
MLS#:3183393
Source:NASHVILLE
Price summary
- Price:$269,000
- Price per sq. ft.:$129.7
About this home
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....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:3183393
- Added:3 day(s) ago
- Updated:May 01, 2026 at 02:33 PM
Rooms and interior
- Flooring:Laminate
- Living area:2,074 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Radiant
Structure and exterior
- Year built:1900
- Building area:2,074 sq. ft.
- Construction Materials:Vinyl Siding
- Levels:3 Story
Schools
- High school:Cornersville School
- Middle school:Cornersville School
- Elementary school:Cornersville Elementary
Utilities
- Water:Public, Water Available
- Sewer:Private Sewer
Finances and disclosures
- Price:$269,000
- Price per sq. ft.:$129.7
- Tax amount:$1,616
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