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For sale
  • $1,475,000

    823 Peavine Rd, Crossville, TN 38571

    --beds
    0baths
    --sqft
    : 
    $8,573/mo
    Get pre-qualified
    Multi Family
    Built in 1988
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Excellent visibility
    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.
    49 days
    |
    99
    |
    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jeanne Ann Cannon 931-267-3001,

    Monarch Realty Group 931-787-1674

    Source: East Tennessee Realtors,MLS#: 1344110MLS Logo

      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

        DateEventPrice
        6/10/2026Listed for sale$1,475,000+207.3%
        Source: East Tennessee Realtors #1344110 Report a problem
        6/15/2022Sold$480,000-23.2%
        Source: Public Record Report a problem
        1/15/2021Sold$625,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        25 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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