Investment Opportunity -
Income-Producing Multi-Unit Property a
Rare opportunity to own a diversified income-producing property in a prime location. This unique investment package includes five (5) separate 3-bedroom, 2-bath residential homes, one (1) 1-bedroom, 1-bath residential unit, and two (2) commercial rental spaces, providing multiple streams of revenue from both residential and commercial tenants. All units are rented!
Situated on highly traveled Peavine Road, this property offers excellent visibility, convenient access, and strong rental potential. Whether you're looking to expand your investment portfolio or acquire a property with immediate income and future growth potential.
5 Residential Homes - 3 Bed / 2 Bath
1 Residential Unit - 1 Bed / 1 Bath
2 Commercial Rental Spaces
Multiple Income Streams
Excellent Investment Potential
Prime Location on Peavine Road
This is a rare chance to acquire a turnkey investment property with established rental opportunities and long-term upside.
Buyer to verify all information. Information deemed reliable but not guaranteed.
For sale
$1,475,000
823 Peavine Rd, Crossville, TN 38571
--beds
0baths
--sqft
Multi Family
Built in 1988
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Excellent visibility
- 2 days |
- 67 |
- 2 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jeanne Ann Cannon 931-267-3001,
Monarch Realty Group 931-787-1674
Source: East Tennessee Realtors,MLS#: 1344110
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Features
- Flooring: Laminate
Property
Parking
- Parking features: Off Street, On Premise Parking
Lot
- Size: 2.57 Acres
- Dimensions: 330 x 339
Details
- Parcel number: 101 034.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- Year built: 1988
Community & HOA
Community
- Subdivision: Bruce Cannon Peavine Rd Sub
Location
- Region: Crossville
Financial & listing details
- Tax assessed value: $965,500
- Annual tax amount: $6,723
- Date on market: 6/10/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $1,475,000+207.3% |
Source: | ||
| 6/15/2022 | Sold | $480,000-23.2% |
Source: Public Record Report a problem | ||
| 1/15/2021 | Sold | $625,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,723 | $386,200 |
| 2024 | $6,723 | $386,200 |
| 2023 | $6,723 -24.6% | $386,200 -24.6% |
| 2022 | $8,912 +48.7% | $511,920 +97.8% |
| 2021 | $5,993 +7.4% | $258,840 |
| 2020 | $5,580 +37.7% | $258,840 |
| 2019 | $4,052 -27.4% | $258,840 |
| 2018 | $5,580 +37.7% | $258,840 |
| 2017 | $4,052 +12% | $258,840 +9.3% |
| 2016 | $3,619 -28.2% | $236,920 |
| 2015 | $5,040 +4.9% | $236,920 +0% |
| 2014 | $4,803 | $236,914 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 38571
Nearby schools
GreatSchools rating
- 6/10Stone Elementary SchoolGrades: PK-8Distance: 1.6 mi
- 5/10Stone Memorial High SchoolGrades: 9-12Distance: 1.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Cumberland County
- Crossville
- 38571
- 823 Peavine Rd






