434 N Pine Street, Whitwell, TN 37397
None · Marion County
Key Facts
Description
This 5-unit trailer park presents a strong value-add investment opportunity with significant upside potential. Currently, four units are occupied and generating $3,100 per month in gross income ($37,200 annually), while one unit is vacant and ready for renovation and lease-up. Market rents for similar units are approximately $850 per month, bringing the stabilized gross income potential to $4,250 per month, or $51,000 annually. Each unit has a separate electric meter, with tenants responsible for their own electricity. Water is on a single master meter and paid by the landlord, averaging approximately $180 per month. Additional operating expenses run about $350 per month. This property offers a clear path to increased cash flow through renovating the vacant units and adjusting rents to market levels. Drive-by viewings are welcome; however, please do not disturb current tenants. The seller will also provide vendor and service contacts to ensure a smooth transition for the new owner. SQFT total is total combined estimate of all 5 units. Exact age of the homes are unknown but site pads were built in 1996 according to records. Buyer/agent to verify any information they deem important. Property does require flood insurance.
Property Information
Property Type
Residential Income
Year Built
1996
Stories
1
Living Area
4,000 sq ft
Lot Dimensions
176X200.7X176X208.7
Days on Market
69
MLS® Listing#
3134530
Property Features
Cooling
Heating
Flooring
Parking
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Whitwell Elementary
- Middle:
- Whitwell Middle School
- High:
- Whitwell High School
Financial Details
HOA
None
Annual Taxes
$351
Parcel Number
033O A 00600 000
Directions
I-24 E Towards Chattanooga, Take Exit 155 for TN-28 Towards Jasper/Dunlap, Turn Left onto TN-28 N/Chasey Simpson Rd. Turn Left onto TN-108 N, Turn Right onto N. Pine St. Property Will Be On The Right.
Affordability Calculator
$59,800
Estimated monthly payment
$1,591/mo
Principal $239,200 · Est. interest $333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Whitwell, TN
- $331,818
- Median Listing Price
- 63
- Median Days on Market
- 1,560
- Median Sq Ft
- $186
- Median Price / Sq Ft
- 47
- Active Listings
- This home’s price is 10% below the area median.
- Its price per sq ft is 60% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Whitwell, TN.
Location
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Points of Interest in Whitwell, TN
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 125 Ridge Road, Whitwell, TN | $225,000 | 3 | 2 | 1,120 |
| 945 N Maple Street, Whitwell, TN | $229,900 | 2 | 2 | 1,296 |
| 223 N Elm Street, Whitwell, TN | $239,000 | 3 | 1 | 1,300 |
| 223 N Elm Street, Whitwell, TN | $239,000 | 3 | 1 | 1,300 |
| 442 Shirley Loop, Whitwell, TN | $239,000 | 1 | 1 | 1,311 |
| 1791 W Valley Rd, Whitwell, TN | $240,000 | 4 | 3 | 2,128 |
Moving Cost Estimate
EXIT Agents in Whitwell
Listing Courtesy: Blackwell Realty and Auction - 4235095910
Last Updated: 2026-02-23