434 N Pine Street, Whitwell, TN 37397
Local realty services provided by:CENTURY 21 Professional Group
434 N Pine Street,Whitwell, TN 37397
$299,000
- - Beds
- 6 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 owner.
SQFT total is total combined estimate of all 5 units. Exact age of the homes are unknown but site pads were built in 1996 according to records.
Buyer/agent to verify any information they deem important. Property does require flood insurance....
Contact an agent
Home facts
- Year built:1996
- Subdivision & Development:None
- Listing ID #:1529118
- Added:157 day(s) ago
- Updated:July 30, 2026 at 02:46 PM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- 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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