80 Mclarty Lane, Crossville, TN 38555

New Listing
$235,000
Property Type: Multi-Family Square Footage: 1,274 Status: Active
Current Price: $235,000 List Date: 12/08/2025 Last Modified: 12/11/2025

Description

Investor opportunity in a prime in-town location! This 3-unit multifamily property offers excellent potential with walkable access to shopping, restaurants, and everyday conveniences. Built in 1962, the building includes two main-level units and one upper-level unit, all currently vacant and ready for renovation or lease-up. Each unit is a 1-bedroom, 1-bath layout, with approximately 427 sq ft in the two downstairs units and 416 sq ft in the upper unit. Interiors in need of updates, giving buyers the chance to modernize and add value. Unit 1 has had some updates to the bath, kitchen, and flooring. Utilities currently combined on 1 meter. Exterior features include a 70' x 190' lot, driveway parking, a large rear deck, and a covered front porch. A metal roof was installed a few years ago, and the structure offers solid bones for improvement. With projected rents around $750 per unit or more with renovations, this property provides strong potential cash flow. Its close proximity to town enhances rental demand, especially for affordable 1-bedroom units. Whether you're an investor seeking value-add potential or a buyer looking to expand a rental portfolio, this multifamily property offers a rare chance to purchase three units for just $235,000 in a highly convenient location. An additional lot is available next door to be purchased with this property for an additional $30,000.

More Information MLS# 1323780

Location, Tax & Legal Info

Area: Cumberland County - 34 City/County Code: City Limits Total Tax: 758.34

Contract Info

Auction Y/N: No Listing Price: 235000 Current Price: $235,000 Status: Active Listing Date: 2025-12-08

General Property Description

Lot Dimensions: 70x190 Restrictions: No Utilities/Mo Avg: 0 Property Status: N/A Driveway: yes SqFt - Total (Aprox): 1274 Number of Units: 3 Year Built: 1962

Remarks & Misc

Directions: Take Genesis Road from Crossville, turn left onto McLarty Lane. Property is on the right near the church on the left. Public Remarks: Investor opportunity in a prime in-town location! This 3-unit multifamily property offers excellent potential with walkable access to shopping, restaurants, and everyday conveniences. Built in 1962, the building includes two main-level units and one upper-level unit, all currently vacant and ready for renovation or lease-up. Each unit is a 1-bedroom, 1-bath layout, with approximately 427 sq ft in the two downstairs units and 416 sq ft in the upper unit. Interiors in need of updates, giving buyers the chance to modernize and add value. Unit 1 has had some updates to the bath, kitchen, and flooring. Utilities currently combined on 1 meter. Exterior features include a 70' x 190' lot, driveway parking, a large rear deck, and a covered front porch. A metal roof was installed a few years ago, and the structure offers solid bones for improvement. With projected rents around $750 per unit or more with renovations, this property provides strong potential cash flow. Its close proximity to town enhances rental demand, especially for affordable 1-bedroom units. Whether you're an investor seeking value-add potential or a buyer looking to expand a rental portfolio, this multifamily property offers a rare chance to purchase three units for just $235,000 in a highly convenient location. An additional lot is available next door to be purchased with this property for an additional $30,000.

Property Sub-Type

Apartment: 1 Triplex: 1

Construction

Frame: 1

Type of Units

1 Bedroom Unit: 1

Siding

Metal: 1 Other: 1

Sale Includes

Building and Land: 1

Cooling

Other: 1

Floors

Carpet: 1 Luxury Vinyl Plank: 1 Vinyl: 1

Garage/Parking

Off-Street Parking: 1

Owner Expenses

Electricity: 1 Sewer: 1 Water: 1

Fuel

Electric: 1

Heat

Other: 1

Appliances

Range: 1 Refrigerator: 1

Other Rooms

Other: 1

Roof

Metal: 1

Exterior Features

Deck: 1 Porch - Covered: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1

Location Tax Legal Info

House #: 80 Street Name: Mclarty St Suffix: Lane State/Province: TN Zip Code: 38555 PIN #: 100F B 017.01 Geo Lat: 35.957772 Geo Lon: -85.027378

Status Change Info

Status Change Date: 2025-12-08

Property Features

Property Sub-Type: Apartment; Triplex Type of Units: 1 Bedroom Unit Sale Includes: Building and Land Floors: Carpet; Luxury Vinyl Plank; Vinyl Owner Expenses: Electricity; Sewer; Water Fuel: Electric Heat: Other Cooling: Other Appliances: Range; Refrigerator Construction: Frame Roof: Metal Siding: Metal; Other Exterior Features: Deck; Porch - Covered Other Rooms: Other New Financing: Cash; Conventional; New Loan
Listing Office: Berkshire Hathaway HomeServices Southern Realty
IDX
Office Phone: 931-707-7800
Last Updated: December - 11 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.