354 S Hemlock Drive
Whitwell, TN, 37397 $ 489,000
Bedrooms2 Baths1.0 Sq 728 Monthly Estimate*
$ 3,088
for $489,000 with 2 bedrooms and 1 full bath. This 728 square foot home was built on a lot size of 0.56.
Prime Mixed-Use Investment Opportunity in Whitwell, TN -- Commercial Frontage + Dual Residential Income! Fully leased with long term tenants in place. Rare opportunity to own a versatile, income-producing property in a high-traffic, high-visibility commercial corridor in Whitwell! This unique offering combines commercial space, a spacious upstairs apartment, and a separate single-family residence -- perfect for investors, owner-occupants, or entrepreneurs looking for the ultimate live/work setup. Main Building -- Commercial + Residential Combo The ground floor offers prime commercial space with excellent street visibility, ideal for retail, office, or a variety of business uses. Upstairs, you'll find a beautifully appointed 2 bedroom, 2 bathroom apartment featuring: * Open living room and separate dining room * Well-equipped kitchen with stove, refrigerator, microwave, and dishwasher * Dedicated laundry room with included washer and dryer * Spacious walk-in closets throughout * Gorgeous hardwood flooring * Central heat and air for year-round comfort * Water heater included * Roof only 3 years old * Charming front and back porches Bonus Single-Family Residence -- ADU or Short-Term Rental Potential Adding even more value and income potential, the property also includes a separate 2 bedroom, 1 bathroom home featuring its own front and back porches, a private driveway, and a shingle roof that's just 3 years old. With its own separate entrance, this home functions beautifully as an accessory dwelling unit (ADU) -- ideal for multigenerational living, long-term rental income, or an Airbnb/short-term rental (buyer to verify local short-term rental regulations). Why This Property Stands Out * High-traffic commercial visibility for maximum business exposure * Multiple income streams from one property * Live/work flexibility -- run your business and live upstairs * ADU potential for rental income, multigenerational living, or Airbnb * Turnkey investment with strong rental history potential * 1-Year Home Warranty included for buyer peace of mind Whether you're an investor seeking multi-unit cash flow, an entrepreneur wanting to live where you work, or someone looking to expand a rental portfolio with a built-in short-term rental option, this Whitwell property checks every box. Opportunities like this -- combining commercial exposure with dual residential income and Airbnb flexibility -- don't come along often. Schedule your showing today and see the potential for yourself!
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FeaturesGeneralSewer Septic Tank
Heating Electric
Cooling Ceiling Fan(s)
Utilities Cable Available Electricity Available Electricity Connected Phone Available Sewer Not Available Water Available Water Connected
Possession Close Of Escrow
Roof Asphalt Shingle
Appliances Other Water Heater Washer Refrigerator Oven Dryer
Patio/Porch Features Deck Front Porch Porch
Architectural Style Contemporary
Construction Materials Vinyl Siding
Year Built 1956
Levels One
Property Subtype Single Family Residence
County Marion
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Other Structures Storage
Total Rooms 5
Full Baths 1
Status Active
Directions Take 28 north towards Whitwell. Turn left on E. Spring St. Turn left on S. Hemlock Dr. Property will be on your left. You may also park at the 13683 Hwy. 28 parking lot as both addresses are on the s
High School Whitwell High School
City Whitwell
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 24393.6
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Whitwell Elementary
Land Lease Y/N N
Tax Annual Amount 382.76
Home Warranty Y/N Y
Middle/Junior High School Whitwell Middle
Property Condition Updated/Remodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Free Standing Building Mixed Use
Standard Status Active
Legal Description GIS 2001 50G A 2.00 CB COM/RES SPLIT
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InteriorBasement Crawl Space
Flooring Tile Vinyl Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Vinyl Frames
Fireplace Y/N N
Above Grade Finished Area 728.0
Half Baths 0
Laundry Features Electric Dryer Hookup In Unit Inside Washer Hookup
Total Bedrooms 2
Total Baths 1
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ExteriorExterior Amenities Private Yard Rain Gutters Storage
Fencing None
Parking Features Driveway
Lot Features Back Yard Front Yard Level
Water Source Public
Inclusions Stove Refrigerator Washer Dryer Water Heater Window heat and air unit
Lot Size Area 0.56
Foundation Details Slab
Spa N
Building Area Total 728.0
Lot Dimensions 85X165
Lot Size Acres 0.56
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByReal Estate Partners Chattanooga LlcBroker
ddavies@homesrep.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,088
- Monthly Property Taxes
- $32
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Whitwell, TN
Average List Price $348,343
Percent of Sale Price 29%
About Whitwell, TN 1,843 Population
6% Since 2002
$ 35,470 Median Income
41.67 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1547464 Elementary School
1547745 Middle School
Whitwell High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/29/2026 | $489,000 | | Listed Price |