108 Butler St Waynesboro, TN 38485
Estimated payment $1,410/month
About This Home
Looking for an incredible investment property that may change your life? This is a rare find! Located in the charming town of Waynesboro this property offers a spacious two-story home w/full size basement and a detached 5 unit apartment building ALREADY producing income, perfect for anyone seeking a property that pays for itself. Owner/Agent -- Please do not disturb tenants/shown by appointment only Property brings in $1850/mo gross with 4 out of 5 units rented all under market rate. There is more income to be realized with 5th unit and house rented. With the purchase price being $250k assuming a 30 yr note w/ 15% down at 7% interest your payment would be $1414/mth. Convenient location for tenants with easy access to local amenities, schools, and public services. Whether you're looking to live in the main house and rent out the apartments, or seeking a fully income-producing property, this is a must-see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,130
Year Built
- Built in 1948
Parking
- Driveway
Interior Spaces
- 5,500 Sq Ft Home
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Full Bathrooms
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,130 | $52,120 | $2,000 | $50,120 |
| 2023 | $1,622 | $52,120 | $2,000 | $50,120 |
| 2022 | $1,622 | $52,120 | $2,000 | $50,120 |
| 2021 | $1,808 | $52,120 | $2,000 | $50,120 |
| 2020 | $1,808 | $48,240 | $2,000 | $46,240 |
| 2019 | $1,396 | $48,240 | $2,000 | $46,240 |
| 2018 | $1,808 | $48,240 | $2,000 | $46,240 |
| 2017 | $1,808 | $48,240 | $2,000 | $46,240 |
| 2016 | $1,687 | $48,240 | $2,000 | $46,240 |
| 2014 | $1,758 | $49,936 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $250,000 | -- | $45 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Parrish Gilbert J | |
| Warranty Deed | $45,000 | None Available | |
| Warranty Deed | $31,500 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $34,000 | New Conventional |
Source: Memphis Area Association of REALTORS®
MLS Number: 10209365
APN: 077G-F-016.00
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