LKV Realty
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$249,900
$1,150Reward *
138 S Main St, Cornersville, TN 37047Listing ID 3183393

138 S Main St, Cornersville, TN 37047

Active
Time on site: 117 daysLast updated: Jun 28, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Square Feet
Square Feet
2,074
Days on Site
Days on Site
109
Cooling
Cooling
Wall/Window Unit(s)
Heating
Heating
Radiant
Year Built
Year Built
1900
Stories
Stories
3

Investor opportunity in the heart of Cornersville! This historic antebellum tri-plex sits on a spacious 0.5 acre lot and offers a unique chance to step into real estate investing or expand your portfolio. The property features three units: one 2-bedroom, 1.5-bath apartment and two 1-bedroom, 1-bath units. The one-bedroom apartments are currently tenant-occupied, generating $1,100/month and $1,000/month, while the two-bedroom unit was recently leased through April 2026 at $1,300/month. With landlord-paid utilities, the property produces over $40,000 in annual gross rental income, and $30,000 net annual income. Full of character and history, this older home comes with its share of quirks—making it an ideal fit for investors or buyers who appreciate charm and see the potential in a one-of-a-kind property. Live in the larger unit while collecting rental income from the others, or lease all three for a strong income-producing asset. Positioned on a deep lot, the property may offer the opportunity to build an additional tri-plex or income-producing structure at the rear (buyer to verify zoning, setbacks, and feasibility), creating even more upside and long-term value. If you’re looking for something beyond the typical cookie-cutter rental, this is a rare opportunity to own a truly interesting property with income in place and room to grow.

Property Information

Property Details

Location

Address
138 S Main St
County
Marshall County, TN
City
Cornersville
Zip Code
37047
High School
Cornersville School
Elementary School
Cornersville Elementary

Interior Features

Other Rooms

Laundry Features
Electric Dryer Hookup, Washer Hookup

Building

Building Information

Square Feet
2,074
Year Built
1900
Stories
3
Construction
Vinyl Siding

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$1,616
The Bogetti Partners, (615) 527-6947

Market Report for 37047

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Realtracs
Realtracs logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 09:27 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

RTC66154