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434 N Pine Street, Whitwell, TN 37397

Whitwell
Local realty services provided by:CENTURY 21 Professional Group
434 N Pine Street,Whitwell, TN 37397
$299,000
  • - Beds
  • - Baths
  • 4,000 sq. ft.
  • Multi-family
  • Active
Listed by: brent campbell
Office: blackwell realty and auction
MLS#:1529118
Source:TN_CAR

Price summary

  • Price:$299,000
  • Price per sq. ft.:$74.75

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
  • Listing ID #:1529118
  • Added:59 day(s) ago
  • Updated:April 24, 2026 at 02:34 PM

Rooms and interior

  • Flooring:Luxury Vinyl
  • Living area:4,000 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric, Heating

Structure and exterior

  • Roof:Metal
  • Year built:1996
  • Building area:4,000 sq. ft.
  • Lot area:0.94 Acres
  • Architectural Style:Modular
  • Levels:One

Utilities

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

Finances and disclosures

  • Price:$299,000
  • Price per sq. ft.:$74.75
  • Tax amount:$351

Parking

  • Parking description:Gravel

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