138 S Main St, Cornersville, TN 37047

Sqft
2,074

Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

Listed byThe Bogetti Partners
  • 0
  • 0

Overview

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.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
3
Square feet
2,074
Lot size (acres)
0.41
Year built
1900

Interior features

Laundry
Electric Dryer Hookup, Washer Hookup

Utilities

Heating
Radiant
Cooling
Wall/window unit(s)
Sewer
Private Sewer
Water
Public Water

Taxes

Tax Annual Amount
$1,616

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Realtracs MLS®#: 3183393 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.