823 Peavine Rd, Crossville, TN 38571

New
$1,475,000
Property Type: Multi-Family Status: Active
Current Price: $1,475,000 List Date: 6/10/2026 Last Modified: 6/10/2026

Overview

Description

Investment Opportunity - Income-Producing Multi-Unit Property a Rare opportunity to own a diversified income-producing property in a prime location. This unique investment package includes five (5) separate 3-bedroom, 2-bath residential homes, one (1) 1-bedroom, 1-bath residential unit, and two (2) commercial rental spaces, providing multiple streams of revenue from both residential and commercial tenants. All units are rented! Situated on highly traveled Peavine Road, this property offers excellent visibility, convenient access, and strong rental potential. Whether you're looking to expand your investment portfolio or acquire a property with immediate income and future growth potential. 5 Residential Homes - 3 Bed / 2 Bath 1 Residential Unit - 1 Bed / 1 Bath 2 Commercial Rental Spaces Multiple Income Streams Excellent Investment Potential Prime Location on Peavine Road This is a rare chance to acquire a turnkey investment property with established rental opportuniti ...

Listing Details MLS# 1344110

Location Tax Legal Info

House #
823
Street Name
Peavine
St Suffix
Rd
State/Province
TN
Zip Code
38571
PIN #
101 034.00
Subdivision
Bruce Cannon Peavine Rd Sub

Contract Info

Auction Y/N
No
Listing Price
1475000

General Property Description

Lot Dimensions
330x339
Number of Units
8
# Units Leased
8
Utilities/Mo Avg
1500
Year Built
1988
Property Status
N/A
Driveway
paved

Status Change Info

Status Change Date
2026-06-10

Location, Tax & Legal Info

Area
Cumberland County - 34
City/County Code
City Limits
Total Tax
6723.36

Remarks & Misc

Directions
1/2 mile off I-40 on Peavine Rd. The rentals are on the left right pass Peavine Liquor
Public Remarks
Investment Opportunity - Income-Producing Multi-Unit Property a Rare opportunity to own a diversified income-producing property in a prime location. This unique investment package includes five (5) separate 3-bedroom, 2-bath residential homes, one (1) 1-bedroom, 1-bath residential unit, and two (2) commercial rental spaces, providing multiple streams of revenue from both residential and commercial tenants. All units are rented! Situated on highly traveled Peavine Road, this property offers excellent visibility, convenient access, and strong rental potential. Whether you're looking to expand your investment portfolio or acquire a property with immediate income and future growth potential. 5 Residential Homes - 3 Bed / 2 Bath 1 Residential Unit - 1 Bed / 1 Bath 2 Commercial Rental Spaces Multiple Income Streams Excellent Investment Potential Prime Location on Peavine Road This is a rare chance to acquire a turnkey investment property with established rental opportunities and long-term upside. Buyer to verify all information. Information deemed reliable but not guaranteed.

More Information

Income/Expenses

Gross Annual Income
95000

Property Sub-Type

Other
Yes

Construction

Frame
Yes

Type of Units

1 Bedroom Unit
Yes
3 or more Bdrm Units
Yes
Other
Yes

Sale Includes

Building and Land
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Laminate
Yes

Garage/Parking

Off-Street Parking
Yes
On Premise Parking
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Other Rooms

Other
Yes

Roof

Shingle
Yes

Exterior Features

Deck
Yes

New Financing

Cash
Yes
Conventional
Yes

Property Features

Property Sub-Type: Other Type of Units: 1 Bedroom Unit; 3 or more Bdrm Units; Other Sale Includes: Building and Land Floors: Laminate Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Construction: Frame Roof: Shingle Exterior Features: Deck Other Rooms: Other New Financing: Cash; Conventional
IDX
Listing Office: Monarch Realty Group
Last Updated: June - 10 - 2026
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.