138 S Main St, Cornersville, Tennessee 37047

TN, Cornersville
$269,000
  • Active Status
  • 11 Dayz On Cribz Total Days
  • Residential Income Property Type
  • 2074 Total Sqft $130/sqft
  • 1900 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property 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
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 3183393
  • Price: $269,000
  • Square Footage: 2,074 Sqft
  • Year Built: 1900
  • Office Name: The Bogetti Partners
  • Agent Name: Allie Boyde (Allison Robertson)
  • Property Attached: Yes
  • Listing Status: Active
Location Info
  • Street Number: 138
  • Street: S Main St
  • City Cornersville
  • State TN
  • Zipcode 37047
  • County Marshall County, TN
  • Subdivision None
  • Longitude: W87° 9' 35.7''
  • Latitude: N35° 21' 39.1''
  • Zoning: Commercial
  • Directions: Take I-65 south, to Cornersville Exit (Hwy 129) east to Main Street in Cornersville. Home Located Downtown.
Features
  • Heating System Radiant
  • Cooling System Wall/Window Unit(s)
  • Utilities Water Available
  • Flooring Laminate, Wood
  • Laundry Features Electric Dryer Hookup, Washer Hookup
  • Sewer Private Sewer
Schools
  • Elementary School: Cornersville Elementary
  • Middle School: Cornersville School
  • High School: Cornersville School
Additional Info
  • Water Source: Public
  • Building Size: 2,074 Sqft
  • Construction Materials: Vinyl Siding
  • Levels: One
  • Lot Size Dimensions: 70X258
  • Number Of Units Total: 3
  • On Market Date: April 27th, 2026
  • Previous Price: $269,000
  • Rent Includes: Electricity,Water
  • Stories: 3
Financial
  • Annual Tax Amount: $1,616
Listing Data
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Apr 27th, 2026 @ 10:10pm
  • Status Change Timestamp: Apr 27th, 2026 @ 10:08pm
mls grid

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