$1,565,000

4819 Highway 49 W Vanleer, TN 37181

Estimated payment $8,449/month

5 Beds
-- Bath
6,400 Sq Ft
$245 Price per Sq Ft

Highlights

  • No HOA
  • Wood Siding
  • Property has 1 Level
  • Central Heating and Cooling System
  • Carpet

About This Home

SVN | Accel Commercial Real Estate is proud to present Vanleer Apartments, a 10-unit multifamily investment located in the heart of Vanleer, Tennessee. This well-maintained asset offers a diverse unit mix of nine one-bedroom, one-bath units and one two-bedroom, one-bath unit, each with functional layouts and full kitchens. The property operates on a weekly rent collection model under annual lease agreements, providing investors with consistent cash flow and long-term tenancy. Occupancy remains at 100%, supported by strong workforce housing demand from surrounding employment hubs in Dickson, Charlotte, and Burns. This deal is currently operating at a 7% cap rate. Strategically located along Highway 49 W, Vanleer Apartments benefits from excellent visibility and accessibility while maintaining a quiet small-town atmosphere. With opportunity for rent growth through light renovations and professional management, this property offers a compelling value-add investment in an expanding submarket. This can be bought as a portfolio of 27 units or separately. MLS #s 3041735, 3041741, 3041742, 3041745 Highlights: 10 total units (nine 1BR/1BA, one 2BR/1BA) 100% occupied; weekly rent collection with annual leases Steady workforce tenant base Reliable income and low turnover Accessible to Dickson and Charlotte

Listing Agent

Brian Truman

SVN Accel Commercial Real Estate Brokerage Phone: 6152602121 License #338568 Listed on: 11/06/2025

SVN Accel Commercial Real Estate

Co-Listing Agent

Kunal Patel

SVN Accel Commercial Real Estate Brokerage Phone: 6152602121 License #364618

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1980

Home Design

  • Wood Siding
  • Vinyl Siding
  • Hardboard

Interior Spaces

  • 5 Bedrooms
  • 6,400 Sq Ft Home
  • Property has 1 Level
  • Carpet

Schools

  • Vanleer Elementary School
  • Charlotte Middle School
  • Creek Wood High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for electricity, water
  • Rent includes electricity, water
  • Assessor Parcel Number 036N A 00800 000

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Operating Expense $32,657
  • Gross Income $143,418
  • Net Operating Income $110,761

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,604

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1980
  • Inclusions: Negotiable
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Total Bedrooms: 5
  • Above Grade Finished Sq Ft: 6400
  • Building Area Units: Square Feet
  • Living Area: 6400
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Hardboard Siding, Vinyl Siding, Wood Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: N/A
  • Lot Size Units: Acres
  • Parcel #: 036N A 00800 000
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Electricity, Water
  • HOA Rent Includes: Electricity, Water
  • Tenant Pays: None

Multi Family

  • Gross Income: 143418
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 110761
  • Number Of Units Total: 10
  • Annual Operating Expense: 32657
  • Total Actual Rent: 4412

Tax Info

  • Tax Annual Amount: 2604

MLS Schools

  • Elementary School: Vanleer Elementary
  • High School: Creek Wood High School
  • Middle Or Junior School: Charlotte Middle School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 For Sale $1,565,000 -- $245 / Sq Ft
Source: Realtracs

Source: Realtracs

MLS Number: 3041741

Realtracs