416 1st Ave N Lewisburg, TN ^$ 424,900

416 1st Ave N

^$ 424,900

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416 1st Ave N

Lewisburg, TN, 37091

^$ 424,900

Bedrooms5 Baths0.0 Sq 4,439

Monthly Estimate*

^$ 2,651

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Multi-Family Home for sale in Lewisburg, TN

for $424,900 with 5 bedrooms. This 4,439 square foot home was built in 1922.

An incredible opportunity to grow your portfolio! This property is fully rented and has a cap rate over 11%! There are a total of 7 different apartments: 5-1bed/1bath units, 1-studio, 1-3 bed/1 bath. The 3 bedroom apartment has separate utility meter and tenant pays own utilities except water, the other 6 units utilities are included in rent. Four apartments have washer/dryer hook ups Ask list agent about an owner financing opportunity. The property is located very close to the town square and Rock Creek park. Please do not disturb tenants. Scheduled showings are required.

Multi-Family Active

Price

^$ 424,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 2,530

Style

Multi Family

Year Built

1922

Town/City

Lewisburg

County/Region

Marshall

MLS | Web ID

3014947

Features

General

Living Area 4439

Sewer Public Sewer

Heating Other

Cooling Wall/Window Unit(s)

Utilities Water Available

Possession Close Of Escrow

Zoning C-2

Garage Spaces 0

Construction Materials Brick Vinyl Siding

Year Built 1922

Tenant Pays Other

Stories Count 2

Levels One

Gross Income 64800

County Marshall County TN

Net Operating Income 52200

Operating Expense 12600

New Construction N

Property Type Residential Income

Attached Garage N

Subdivision Name n/a

Garage Y/N N

Rent Includes Electricity Gas Trash Collection Water

Status Active

Buyer Financing Conventional Other Seller Financing

Directions From Columbia take TN-50 E and turn right on Verona Ave. Turn left onto 1st Ave. Property is on the right

High School Marshall Co High School

City Lewisburg

Senior Community Y/N N

Number Of Units Total 7

Lot Size Units Acres

Elementary School Marshall-Oak Grove-Westhills ELem.

Property Attached Y/N Y

Year Built Details Existing

Tax Annual Amount 2530

Middle/Junior High School Lewisburg Middle School

Building Area Units Square Feet

Living Area Units Square Feet

Standard Status Active

Total Actual Rent 3000

Interior

Flooring Wood Laminate Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Above Grade Finished Area 4439

Laundry Features Electric Dryer Hookup Washer Hookup

Below Grade Finished Area Unit Type Square Feet

Below Grade Finished Area Source Assessor

Above Grade Finished Area Source Assessor

Above Grade Finished Area Unit Type Square Feet

Exterior

Water Source Public

Total Parking 0

Inclusions Appliances

Building Area Total 4439

Lot Dimensions 105X156 IRR

Waterfront Y/N N

Covered Spaces 0

Internal Only

Street Number 1 416

* Excluded Features

List By

Crye-Leike, Inc., Realtors

Broker

Tina_sells_homes@yahoo.com

Affordability Calculator

$2,862

Per Month

Monthly Principal & Interest: $2,651
Monthly Property Taxes: $211
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lewisburg, TN

Average List Price ^$297,475

Percent of Sale Price 30%

About Lewisburg, TN

11,904 Population

14% Since 2002

^$37,296 Median Income

38.44 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

244788 Elementary School

244789 Middle School

Marshall Co High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/11/2025	$424,900		Listed Price

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416 1st Ave N, Lewisburg, TN, 37091 is a Multi-Family Home for sale at $424,900 with 4,439 sqft. 416 1st Ave N has 5 bedrooms, 0.0 baths, and was built in 1922. The property's zip code is 37091 which is in Lewisburg, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of RealTracs Solutions. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/17/2025.

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416 1st Ave N

Multi-Family Home for sale in Lewisburg, TN

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