434 N Pine Street, Whitwell, TN 37397

Whitwell
Local realty services provided by:ERA Chappell & Associates Realty & Rental
434 N Pine Street,Whitwell, TN 37397
$299,900
  • - Beds
  • - Baths
  • 4,000 sq. ft.
  • Multi-family
  • Active
Listed by: brent campbell
Office: blackwell realty and auction
MLS#:3593993
Source:NASHVILLE

Price summary

  • Price:$299,900
  • Price per sq. ft.:$74.98

About this home

This 5-unit trailer park presents a strong value-add investment opportunity with significant upside potential. Currently, four units are occupied and generating $3,100 per month in gross income ($37,200 annually), while one unit is vacant and ready for renovation and lease-up. Market rents for similar units are approximately $850 per month, bringing the stabilized gross income potential to $4,250 per month, or $51,000 annually. Each unit has a separate electric meter, with tenants responsible for their own electricity. Water is on a single master meter and paid by the landlord, averaging approximately $180 per month. Additional operating expenses run about $350 per month. This property offers a clear path to increased cash flow through renovating the vacant units and adjusting rents to market levels. Drive-by viewings are welcome; however, please do not disturb current tenants. The seller will also provide vendor and service contacts to ensure a smooth transition for the new...

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Home facts

  • Year built:1996
  • Subdivision & Development:None
  • Listing ID #:3593993
  • Added:16 day(s) ago
  • Updated:October 04, 2026 at 02:41 PM

Rooms and interior

  • Living area:4,000 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:1996
  • Building area:4,000 sq. ft.
  • Levels:1 Story

Schools

  • High school:Whitwell High School
  • Middle school:Whitwell Middle School
  • Elementary school:Whitwell Elementary

Utilities

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

Finances and disclosures

  • Price:$299,900
  • Price per sq. ft.:$74.98
  • Tax amount:$351

Parking

  • Parking description:Detached, Gravel
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