For Sale
$725,000

2048 Railroad StDayton, TN 37321

8-Unit Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 8-unit apartment building, located at 2048 Railroad St, Dayton, TN 37321, presents a compelling investment opportunity. Built in 2008, this property comprises two, two-story buildings situated on a 0.3-acre lot, totaling 4,640 square feet of net rentable space. Each of the eight units offers a comfortable and well-designed layout, ideal for individuals or couples. The property's prime location in Dayton, Rhea County, provides convenient access to shopping, dining, and medical facilities, ensuring consistently high tenant demand. With a strong rental history and significant potential for future appreciation, this multifamily investment offers a secure and profitable return. The asking price is $725,000, translating to $156.25 per square foot and $90,625 per unit. This owner/user investment is an excellent addition to any portfolio seeking stable income and long-term growth in a desirable Tennessee market. The property's strong performance and location make it a truly attractive investment opportunity.

Highlights

  • Exceptional 8-unit apartment building in Dayton, TN.
  • Built in 2008, totaling 4,640 square feet on a 0.3-acre lot.
  • Two two-story buildings with eight well-designed units.
  • Prime Dayton location with convenient access to amenities.
  • Strong rental history and high tenant demand.
  • Asking price: $725,000 ($156.25/SF, $90,625/unit).

Property Details for 2048 Railroad St

Property type
Apartment buildings
Square Feet
4,640 SF
Year Built
2008
Buildings
2
Stories
2
Lot Size (sq. ft)
13,068 SF
Units
8

Location Insight

City
Dayton
County
Rhea
State
Tennessee
Latitude
35.504754691821
Longitude
-85.008177283355
2048 Railroad St, Dayton, Tennessee

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2048 Railroad St
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