538 Mount Nebo Rd, Iron City, TN 38463

Iron City
Local realty services provided by:Reliant Realty ERA Powered
538 Mount Nebo Rd,Iron City, TN 38463
$150,000
  • 2 Acres
  • Lots / Land
  • Active
Listed by: shavonda m. polk
Office: polk property real estate
MLS#:3164464
Source:NASHVILLE

Price summary

  • Price:$150,000

About this home

OWNER/AGENT DISCLOSURE: Seller is a licensed Tennessee Principal Broker selling as a principal. Incredible investor opportunity on 2 unrestricted acres near the TN/AL line! This 3BR/1.5BA property is an AS-IS value-add play with massive equity upside. The layout features an attached 2-car garage perfectly positioned for an easy 4th or 5th bedroom conversion to instantly maximize your After Repair Value (ARV). Offered exclusively via a short-term lease with an option to purchase. Requires a minimum 10% non-refundable option fee up front, monthly lease terms between $950-$1,000, and standard tenant-buyer screening. Buyer assumes all inspection burdens (septic, plumbing, HVAC, utilities) at their own expense. Contractor line-item repair estimate is available upon request with proof of funds. Principal-to-principal inquiries only

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Home facts

  • Listing ID #:3164464
  • Added:92 day(s) ago
  • Updated:June 29, 2026 at 04:38 PM

Structure and exterior

  • Lot area:2 Acres
  • Lot Features:Level

Schools

  • High school:Loretto High School
  • Middle school:Leoma Elementary
  • Elementary school:Leoma Elementary

Utilities

  • Water:Private, Water Available
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$150,000
  • Tax amount:$825

Features and amenities

  • Amenities:Smoke Detector(s)
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