328 Cumberland St W Cowan, TN $ 499,900
328 Cumberland St W
$ 499,900
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328 Cumberland St W

Cowan, TN, 37318
$ 499,900
Bedrooms15 Baths0.0 Sq 4,790

Monthly Estimate*

$ 3,078

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Multi-Family Home for sale in Cowan, TN

for $499,900 with 15 bedrooms. This 4,790 square foot home was built in 1999.

VERSATILE COMMERCIAL PROPERTY - COWAN, TN Prime 4,790 SF commercial building offering exceptional adaptive reuse potential. Previously operated assisted living facility with turnkey infrastructure and multiple revenue opportunities. PROPERTY SPECIFICATIONS: - 17 Accommodations across 15 Rooms - 13 Single-occupancy units - 1 Double unit - 1 Premium double w/private bath & walk-in closet - 3.5 ADA-Compliant Bathrooms - Commercial-Grade Kitchen (fully functional) - Communal Dining Area - Professional Reception/Office Space - Generous Lot - Expansion Ready - Ample Parking Potential BUSINESS OPPORTUNITIES: HEALTHCARE/MEDICAL: Medical/dental offices, physical therapy clinic, behavioral health center, specialized care facility, rehabilitation center. ADA infrastructure already in place. HOSPITALITY: Boutique inn, bed & breakfast, extended-stay hotel, Airbnb/vacation rentals. Perfect for Cumberland Plateau tourism market. RESIDENTIAL INCOME: Multi-family apartments, workforce housing, student housing, senior living. Private unit layout ideal for immediate rental income. INSTITUTIONAL: Corporate training center, religious retreat, recovery/sober living facility, educational programs requiring accommodations. LOCATION ADVANTAGES: - Base of scenic Cumberland Plateau - Growing Middle Tennessee market - Near outdoor recreation & tourism corridor - Cowan's charming small-town appeal INVESTMENT HIGHLIGHTS: ✓ Turnkey condition - immediate occupancy available ✓ Functional building systems ✓ Flexible commercial zoning ✓ Established infrastructure reduces conversion costs ✓ Multiple income stream potential ✓ Room for future development Rare opportunity to acquire income-producing commercial real estate with proven layout and unlimited potential. Don't miss this chance to establish or expand your business in Middle Tennessee.

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Multi-Family Active

Price

$ 499,900

Bedrooms

15

Property Type

Multi-Family

Taxes

$ 3,247

Style

Multi Family

Year Built

1999

Town/City

Cowan

County/Region

Franklin

MLS | Web ID

2813624

Features
General
Living Area 4790
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow
Zoning COMMERCIAL
Garage Spaces 0
Security Features Fire Alarm Fire Sprinkler System Security System
Construction Materials Vinyl Siding
Year Built 1999
Tenant Pays Cable TV
Stories Count 1
Levels One
Gross Income 0
County Franklin County TN
Net Operating Income 0
Operating Expense 0
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name n/a
Garage Y/N N
Rent Includes Electricity Water
Status Active
Directions From Winchester Square take US 41A S to Cowan. Turn right onto Looney St then left into parking lot.
High School Franklin Co High School
City Cowan
Senior Community Y/N N
Number Of Units Total 15
Lot Size Units Acres
Elementary School Cowan Elementary
Property Attached Y/N Y
Year Built Details Approximate
Tax Annual Amount 3247
Middle/Junior High School South Middle School
Virtual Tour https://view.overthetopmediatn.com/tours/2w0kkLQbk?mls=1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 0
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 4790
Laundry Features Share
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
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Exterior
Water Source Public
Total Parking 0
Inclusions Appliances Negotiable
Building Area Total 4790
Lot Dimensions 163.7 X 300
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 328
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* Excluded Features
List By
Peck Realty Group, Llc

Broker

jmpeckc21@gmail.com

Email

Affordability Calculator

$3,349
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$271
Monthly 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
244828 Elementary School
244979 Middle School
Franklin Co High School High School
Pricing History
DatePricePrice ChangeDescription
8/6/2025$499,900 -11.83% Price Down
4/4/2025$567,000 Listed Price

Map


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328 Cumberland St W, Cowan, TN, 37318 is a Multi-Family Home for sale at $499,900 with 4,790 sqft. 328 Cumberland St W has 15 bedrooms, 0.0 baths, and was built in 1999. The property's zip code is 37318 which is in Cowan, TN