118 W Walnut St
Smithville, TN, 37166 $ 378,000
Baths1.0 Sq 840 Monthly Estimate*
$ 2,387
Studio for $378,000 with 1 full bath. This 840 square foot home was built in 1928 on a lot size of 0.05.
Rare opportunity to own a one-of-a-kind multi-use property in the heart of Historic Downtown Smithville! Whether you're looking for a stylish downtown residence, a boutique retail space, professional office, or investment opportunity, this beautifully remodeled property offers endless possibilities. Every detail has been thoughtfully updated with elegant, modern finishes while preserving its unique industrial character. Sealed concrete floors, exposed block walls, and exposed ductwork create a sleek, contemporary aesthetic that's sure to impress clients, customers, or guests alike. The versatile interior features a fully equipped kitchen and a beautifully updated bathroom, making it move-in ready for residential living or immediate business use. Large open spaces provide flexibility to customize the layout to fit your vision, whether that's a trendy storefront, creative studio, office, short-term rental, or downtown loft. Located in one of Smithville's most desirable locations, you'll enjoy exceptional visibility and walkability right in the center of town. Situated directly across the street from the local coffee shop and just steps from charming boutiques, restaurants, and downtown businesses, this property offers the convenience and energy of Historic Downtown living. Outside, a private backyard area provides a rare bonus for downtown properties—perfect for relaxing, entertaining, outdoor seating, or creating your own private retreat. If you've been searching for a truly unique property that blends modern style, historic charm, and unmatched versatility, this is your chance. Live, work, invest, or create your dream business in one exceptional downtown location!
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FeaturesGeneralLiving Area 840
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Water Available
Possession Close Of Escrow
Appliances Oven Gas Range Refrigerator
Garage Spaces 0
Construction Materials Block
Year Built 1928
Stories Count 1
Topography Corner Lot Level
Levels One
Property Subtype Single Family Residence
County Dekalb County TN
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name NA
Garage Y/N N
Full Baths 1
Status Active
Directions Located right in the heart of Historic Downtown Smithville. Easy to access via Hwy 70 and Hwy 56.
High School De Kalb County High School
City Smithville
Senior Community Y/N N
Lot Size Units Acres
Elementary School Smithville Elementary
Property Attached Y/N N
Year Built Details Historic
Tax Annual Amount 544
Middle/Junior High School DeKalb Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement None
Flooring Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 840
Half Baths 0
Total Bedrooms 0
Main Level Bedrooms 0
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
Total Baths 1
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ExteriorLot Features Corner Lot Level
Water Source Public
Total Parking 0
Lot Size Area 0.05
Building Area Total 840
Lot Dimensions 21X112
Lot Size Acres 0.05
Lot Size Source Calculated from Plat
Waterfront Y/N N
Covered Spaces 0
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* Excluded FeaturesList ByLake Homes Realty, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,387
- Monthly Property Taxes
- $45
- 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 Smithville, TN
Average List Price $469,976
Percent of Sale Price 24%
About Smithville, TN 4,753 Population
15% Since 2002
$ 38,602 Median Income
39.19 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
4313527 Elementary School
4313302 Middle School
De Kalb County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/24/2026 | $378,000 | | Listed Price |