5,020 SqFt
5,020 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,020 sqft
Price per Sqft $172
Subdivision Development Potential
MLS Listing ID 3097457
HOA Y/N No
Year Built 2012
Annual Tax Amount $5,182
Lot Dimensions 4.51 Acres
Property Description
Rare multi-unit opportunity in the heart of White Bluff with immediate income and future upside. This tract is currently zoned **R-2**, and under **White Bluff's new density-based zoning ordinance**, the property could support **up to 9 additional units once infrastructure is in place** (buyer to verify all zoning, density, and development requirements).
The property currently features **two duplex buildings** (four total units) with a desirable mix of unit sizes and attached garages:
* **104–108 Nikki Way:** Two well-designed units, each offering **3 bedrooms, 2 full baths, and a 1-car garage**.
* **128–129 Nikki Way:** One **3 bedroom, 2 bath unit with a ½ garage/storage area**, plus one **2 bedroom, 2 bath unit with a 1-car garage**.
The existing improvements provide solid in-place rental income while allowing an investor or developer to plan for future expansion under the updated zoning framework. This is an ideal setup for a buy-and-hold investor, developer, or builder looking to leverage current cash flow while positioning for additional units as infrastructure is expanded.
Opportunities with existing income and documented density potential are increasingly rare in White Bluff. Buyer to conduct all due diligence regarding zoning, density calculations, utilities, and development feasibility.
Location
State TN
County Dickson County
Zoning R2
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Tile
Fireplace N
Exterior
Garage Spaces 3.0
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 1
Sewer Septic Tank
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools White Bluff Elementary
Middle Schools W James Middle School
High Schools Creek Wood High School
Others
Senior Community false
Special Listing Condition Standard
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