Six units. One property. And an opportunity that would be hard to recreate at this price. With 4,500 square feet across six apartments, the value here is in what's already been done. Units 1-4 were rebuilt from the existing foundation up, while Units 5-6 are entirely new construction. Five units offer approximately 750 square feet with 2 bedrooms and 1 bath, while one offers 1 bedroom and 1 bath. Each unit features LVP flooring, central heat and air, its own breaker box and water heater, plus new appliances and fixtures. Stove, refrigerator, washer, and dryer are included. For an investor, the math is simple: six units already in place for a price that would be difficult to build from the ground up today. The construction is done. The opportunity is ready.
Details
MLS #
10231001
Listing Type
For Sale
Style
Commercial
Sub-Type
Resale
Status
Active
Year
1958
Days On Site
14
Listing Provided By
Tiffany Jones Realty Group | Katie Williams
Features
Story(s)
1
Building(s)
2
Exterior
Roof
Composition Shingles
Foundation
Slab
Parking
Parking Facility
Asphalt/Blacktop
Area Information
State
TN
County
Wayne
City
Waynesboro
Zip Code
38485
Area
Other Tennessee Counties
Subarea
699
Listing VS Median (in 38485)
Price: $684,900
low | high
Med: $0
On site: 14
low | high
Med:
Sourced by Back At You
Market Activity 38485
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: May 2026
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $110,000
Max Sale Price: $110,000
Med Sale Price: $110,000
Date: Apr 2026
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $140,000
Max Sale Price: $140,000
Med Sale Price: $140,000
Date: Mar 2026
Sales: 2
Avg $ Per SqFt: $
Min Sale Price: $319,900
Max Sale Price: $32,000,000
Med Sale Price: $16,159,950
Date: Feb 2026
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $162,000
Max Sale Price: $162,000
Med Sale Price: $162,000
Date: Jan 2026
Sales: 2
Avg $ Per SqFt: $113.11
Min Sale Price: $90,000
Max Sale Price: $264,900
Med Sale Price: $177,450
Date: Nov 2025
Sales: 2
Avg $ Per SqFt: $32.73
Min Sale Price: $180,000
Max Sale Price: $275,000
Med Sale Price: $227,500
Sourced by Back At You
May 2026
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$110,000
Max Sale Price:
$110,000
Med Sale Price:
$110,000
Apr 2026
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$140,000
Max Sale Price:
$140,000
Med Sale Price:
$140,000
Mar 2026
Sales:
2
Avg $ Per SqFt:
$
Min Sale Price:
$319,900
Max Sale Price:
$32,000,000
Med Sale Price:
$16,159,950
Feb 2026
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$162,000
Max Sale Price:
$162,000
Med Sale Price:
$162,000
Jan 2026
Sales:
2
Avg $ Per SqFt:
$113.11
Min Sale Price:
$90,000
Max Sale Price:
$264,900
Med Sale Price:
$177,450
Nov 2025
Sales:
2
Avg $ Per SqFt:
$32.73
Min Sale Price:
$180,000
Max Sale Price:
$275,000
Med Sale Price:
$227,500
MLS Number: 10231001
Katie Williams – (662) 538-8410 – soldbykatiew@gmail.com
Tiffany Jones Realty Group – (731) 438-3011 – tiffany@tiffanyjonesrealty.com
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.
MLS Number: 10231001
Katie Williams – (662) 538-8410 – soldbykatiew@gmail.com
Tiffany Jones Realty Group – (731) 438-3011 – tiffany@tiffanyjonesrealty.com