UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Tree Streets
MLS Listing ID 9984005
Style Cluster
HOA Y/N No
Year Built 1913
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50 X 151
Property Sub-Type Multi Family
Source Tennessee/Virginia Regional MLS
Property Description
Opportunities like this don't wait—and neither should you.
Located steps from everything downtown offers, and positioned squarely in the path of continued revitalization, this fully occupied 8-unit asset delivers what investors are chasing right now: character, stability, and immediate income.
Known locally as ''The Hive,'' this one-of-a-kind building offers eight distinct floor plans, ranging from one- and two-bedroom units—a rarity in a market flooded with cookie-cutter rentals. The craftsmanship of the era is unmistakable: exposed brick built-ins, vintage hardwood floors, and architectural details you simply cannot recreate today. This is authentic charm, not manufactured nostalgia.
From an operational standpoint, the property checks every box.
All units have heating and air, utilizing a blend of mini-splits and window units where appropriate. The building has been mostly updated, and the metal roof installed in 2020 provides peace of mind for years to come. This is not a value-add gamble—this is a turnkey performer.
Demand here isn't speculative—it's proven. Downtown proximity keeps this property insulated from market swings and positions it for long-term durability.
8 units. Fully leased. Prime location. Historic appeal. Modern updates.
Assets like this do not come to market often—and when they do, they move.
Rent rolls and financials available upon request.
Location
State TN
County Washington
Community Tree Streets
Area 0.17
Zoning R2
Direction University Blvd to Buffalo. Left on Maple Home on Right.
Interior
Interior Features Built-in Features
Heating Central, Other
Cooling Central Air, Window Unit(s)
Flooring Concrete, Hardwood
Appliance Cooktop, Electric Range, Refrigerator
Heat Source Central, Other
Exterior
Parking Features Deeded
Roof Type Metal
Topography Sloped
Porch Deck, Porch
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Cluster
Level or Stories 2
Structure Type Brick
New Construction No
Schools
Elementary Schools South Side
Middle Schools Indian Trail
High Schools Science Hill
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional