MIDDLE TENNESSEE REAL ESTATE
MIDDLE TENNESSEE REAL ESTATE
138 S Main St, Cornersville, TN 37047 For Sale
- 2,074 sq ft
Description
Investor opportunity in the heart of Cornersville! This historic antebellum tri-plex sits on a spacious 0.5 acre lot and offers a unique chance to step into real estate investing or expand your portfolio. The property features three units: one 2-bedroom, 1.5-bath apartment and two 1-bedroom, 1-bath units. The one-bedroom apartments are currently tenant-occupied, generating $1,100/month and $1,000/month, while the two-bedroom unit was recently leased through April 2026 at $1,300/month. With landlord-paid utilities, the property produces over $40,000 in annual gross rental income, and $30,000 net annual income. Full of character and history, this older home comes with its share of quirks—making it an ideal fit for investors or buyers who appreciate charm and see the potential in a one-of-a-kind property. Live in the larger unit while collecting rental income from the others, or lease all three for a strong income-producing asset. Positioned on a deep lot, the property may offer the opportunity to build an additional tri-plex or income-producing structure at the rear (buyer to verify zoning, setbacks, and feasibility), creating even more upside and long-term value. If you’re looking for something beyond the typical cookie-cutter rental, this is a rare opportunity to own a truly interesting property with income in place and room to grow.
Property Details
Status : Active
Address : 138 S Main St Cornersville TN 37047
County : Marshall County, TN
Property Type : Residential Income
Area : 2,074 sq. ft.
Year Built : 1900
Exterior Construction : Vinyl Siding
Floors : Wood,Laminate
Heat : Radiant
HOA / Subdivision : None
Listing Provided by : The Bogetti Partners
MLS Status : Active
Listing # : RTC3183393
Schools near 138 S Main St, Cornersville, TN 37047 :
Cornersville Elementary, Cornersville School, Cornersville School
Additional details
Heating : Yes
Building Area Total : 2074 Sq. Ft.
Lot Size Dimensions : 70X258
Living Area : 2074 Sq. Ft.
Property Attached : Yes
Office Phone : 6155276947
Possession : Close Of Escrow
Cooling : 1
Levels : One
Stories : 3
Utilities : Water Available
Sewer : Private Sewer
Location 138 S Main St, TN 37047
Directions to 138 S Main St, TN 37047
Take I-65 south, to Cornersville Exit (Hwy 129) east to Main Street in Cornersville. Home Located Downtown.
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