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Local Realty Service Provided By: Coldwell Banker Southern Realty

4131 Highway 48 N, 
Charlotte, TN 37036

$299,000


Bed


Bath


1,332

Sq Ft


Multi-Family

Sold

Listed by

Tia M. Armstrong

Lauren Spence

Bought with The Real Estate Collective - Cookeville

Realty Executives Hometown Living

615-802-2000

MLS#

3206889

Source:

NASHVILLE

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About This Home

4131 Highway 48 N

Excellent investment opportunity with built-in upside! This duplex sits on nearly 7 beautiful acres and features two spacious 2 bedroom, 2 bathroom units that have recently been refreshed and updated. Improvements include a brand new roof, new flooring, fresh paint, and additional cosmetic updates that make both units move-in ready and appealing to tenants or owner-occupants alike. Each unit offers a functional layout with comfortable living spaces, generous bedrooms, and private bathroom access for the primary suite, creating strong rental appeal in today’s market. The expansive acreage provides privacy, room to roam, and potential for future possibilities. Whether you’re looking to expand your investment portfolio, offset your mortgage with rental income, or explore additional development opportunities, this property offers flexibility and long-term potential. An added bonus is an older singlewide located on the property with its own separate water tap and septic system already in place. The singlewide currently needs rehabilitation and no value has been assigned to it, as there is no title available. However, with improvements, it could potentially provide additional income-producing opportunities. There is also an additional building lot available with the property, creating even more future potential. Ask agent for details regarding possibilities and usage. Properties with acreage, updated units, multiple income opportunities, and development potential are hard to find at this price point. Conveniently located while still offering a peaceful country setting, this is the kind of property investors and savvy buyers have been waiting for.

Home Facts

Multi-Family

Built in 2003

Subdivision & Development:

none

Price Summary

299,900

$225 per Sq. Ft.

MLS #:

3206889

Sold:

August 28, 2026


Rooms & Interior

Interior

Living Area:

1,332 Sq. Ft.


Structure

Structure

Building Area:

1,332 Sq. Ft.

Year Built:

2003


Finances & Disclosures

Finances

Price:

$299,900

Price per Sq. Ft:

$225 per Sq. Ft.

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