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.
Active
$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
- 96 days
- 84
- 4
Zillow last checked:
Listing updated:
Listed by:
Jeanne Ann Cannon 931-267-3001,
Atlas Real Estate 931-287-2855
Source: East Tennessee Realtors,MLS#: 1344110
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






