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108 Butler, Waynesboro, TN 38485

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For Sale

$250,000

11 beds • 6 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

Looking for an incredible investment property that may change your life? This is a rare find! Located in the charming town of Waynesboro this property offers a spacious two-story home w/full size basement and a detached 5 unit apartment building ALREADY producing income, perfect for anyone seeking a property that pays for itself. Owner/Agent -- Please do not disturb tenants/shown by appointment only Property brings in $1850/mo gross with 4 out of 5 units rented all under market rate. There is more income to be realized with 5th unit and house rented. With the purchase price being $250k assuming a 30 yr note w/ 15% down at 7% interest your payment would be $1414/mth. Convenient location for tenants with easy access to local amenities, schools, and public services. Whether you're looking to live in the main house and rent out the apartments, or seeking a fully income-producing property, this is a must-see!
MLS# 10209365

Courtesy Of 2 CRANES REALTY

(731) 438-9196

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 108 Butler, Waynesboro, TN 38485

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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.