340 Briar Ave Jamestown, TN ^$ 3,500,000

340 Briar Ave

^$ 3,500,000

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340 Briar Ave

Jamestown, TN, 38556

^$ 3,500,000

Studio Baths0.0 Sq 25,980

Monthly Estimate*

^$ 21,550

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Studio

Multi-Family Home for sale in Jamestown, TN

for $3,500,000. This 25,980 square foot home was built in 1993.

Tremendous capital-producing investment with upside! Offering a 43 unit apartment complex in Jamestown, TN with a strong cap rate around 8%. These units have an impressive high occupancy history and potential to increase cash flow (the only units not currently occupied are the ones undergoing a remodel). Current owners have updated approximately 25% of the units (in transition time between tenants), and they continue to improve this asset as we go to market. Turn-key operation with immediate cash flow. This real estate will appreciate in value as you profit from the cash flow that results from the impressive cap rate.

Multi-Family Active

Price

^$ 3,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 7,316

Style

Apartments

Year Built

1993

Town/City

Jamestown

County/Region

Fentress

MLS | Web ID

242556

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air

Possession AtClosing

Roof Metal

Water Utility District

County Fentress

Terms Conventional FHA Other

Status Active

Car Storage 0

Area Jamestown City Limits TN

Directions North on Justice Center drive/Stewart St toward Rugby Ave left onto Rugby right on Main left onto Central Ave W right onto N Crabtree right onto W Briar Ave

Interior

Basement 0

Exterior

Exterior Amenities Paved Streets

* Excluded Features

List By

Landon Dickerson

Listing Agent

True North Real Estate Services, Llc

Broker

landondickerson@yahoo.com

Affordability Calculator

$22,160

Per Month

Monthly Principal & Interest: $21,550
Monthly Property Taxes: $610
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 6.25% 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 Jamestown, TN

Average List Price ^$2,445,000

Percent of Sale Price 30%

About Jamestown, TN

2,121 Population

1% Since 2002

^$22,940 Median Income

41.84 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2633377 Elementary School

2633378 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2026	$3,500,000		Listed Price

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340 Briar Ave, Jamestown, TN, 38556 is a Multi-Family Home for sale at $3,500,000 with 25,980 sqft. 340 Briar Ave is a studio with 0.0 baths and was built in 1993. The property's zip code is 38556 which is in Jamestown, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Upper Cumberland Association of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Upper Cumberland Association of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/29/2026.

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340 Briar Ave

Multi-Family Home for sale in Jamestown, TN

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