Welcome to 200 & 202 W Main Street, a rare investment and development opportunity in the heart of Mount Carmel. Positioned in a highly visible location with valuable MX2 zoning, this unique property offers outstanding flexibility for investors, business owners, and developers looking to capitalize on a prime in-town setting.
Situated on approximately one acre of deep, level land, the property is ready for your next vision. Whether you are looking to expand your rental portfolio, develop additional residences, explore mixed-use potential, or create a new commercial concept, the zoning opens the door to a wide range of possibilities. Opportunities with this level of versatility are difficult to find.
The property currently features two income-producing dwellings, both tenant occupied and generating immediate cash flow. One residence rents for $1,295 per month and the second rents for $950 per month, providing built-in income while planning future development.
Excellent location, strong upside potential, existing rental income, nearly one acre of usable land, and flexible MX2 zoning make this an exceptional offering in growing Mount Carmel.
Showings require a minimum 48-hour notice and must be accompanied by the listing agent or property manager out of respect for tenant privacy.
All information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information, zoning, and intended use.
For sale
Price cut: $39.9K (8/7)
$350,000
200 & 202 Main St W, Mount Carmel, TN 37645
6beds
2,250sqft
Single Family Residence, Residential
Built in 1945
1 Acres Lot
$336,800 Zestimate®
$156/sqft
$-- HOA
What's special
- 181 days
- 212
- 13
Zillow last checked:
Listing updated:
Listed by:
Dominick Abate 276-275-7883,
The Addington Agency Bristol 423-845-5800
Source: TVRMLS,MLS#: 9994141
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Floor Furnace, Natural Gas
Cooling
- Ceiling Fan(s), Wall Unit(s)
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Eat-in Kitchen, Solid Surface Counters
- Flooring: Ceramic Tile, Hardwood
- Windows: Double Pane Windows, Insulated Windows, Window Treatments
- Basement: Block,Concrete,Interior Entry,Sump Pump,Unfinished
Interior area
- Total structure area: 3,146
- Total interior livable area: 2,250 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Asphalt, Detached
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Back, Enclosed
Lot
- Size: 1 Acres
- Dimensions: 100 x 407
- Topography: Cleared, Level
Details
- Parcel number: 033a B 00800 000
- Zoning: MX-2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Asbestos, Vinyl Siding
- Foundation: Block
- Roof: Metal
Condition
- Average
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Water Connected, Cable Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Walters Add
HOA
- Has HOA: No
Location
- Region: Mount Carmel
Financial & listing details
- Price per square foot: $156/sqft
- Date on market: 4/20/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$336,800
$320,000 - $354,000
$2,139/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $350,000-10.2%$156/sqft |
Source: TVRMLS #9994141 Report a problem | ||
| 4/20/2026 | Listed for sale | $389,900+0.2%$173/sqft |
Source: TVRMLS #9994141 Report a problem | ||
| 4/17/2026 | Listing removed | $389,000$173/sqft |
Source: TVRMLS #9958775 Report a problem | ||
| 2/13/2026 | Price change | $389,000-2.5%$173/sqft |
Source: TVRMLS #9958775 Report a problem | ||
| 5/21/2024 | Price change | $399,000-11.3%$177/sqft |
Source: TVRMLS #9958775 Report a problem | ||
| 10/31/2023 | Listed for sale | $449,900$200/sqft |
Source: TVRMLS #9958775 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37645
Nearby schools
Schools provided by the listing agent
- Elementary: Mt Carmel
- Middle: Church Hill
- High: Volunteer
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $339,0004 bd2 ba2.7k sqft929 Nantucket Ave, Mt Carmel, TN 37645For Sale
MLS ID #10001434, Seth Jervis. TVRMLS - $340,0003 bd3 ba1.9k sqft263 Mountain View Dr, Mt Carmel, TN 37645For Sale
MLS ID #10000036, Christopher Bembenick. TVRMLS - $335,0003 bd3 ba1.8k sqft820 S Sherbrooke Cir, Mount Carmel, TN 37645For Sale
MLS ID #9994351, Brian Givens. TVRMLS - $390,0003 bd2 ba2.1k sqft303 Cloverleaf Ct, Mt Carmel, TN 37645For Sale
MLS ID #10000705, Andrew White. TVRMLS - $439,9003 bd3 ba2.9k sqft819 Redwood Dr, Mt Carmel, TN 37645For Sale
MLS ID #712789, Sarah Richards, Spring Mountain Realty, PLLC. Lakeway Area AOR
