Shayne Steiner
← INNOVATE Real Estate
No photos available for this listing

$1,475,000

823 Peavine Rd, Crossville, TN 38571
Crossville, TN 38571
Listed by Jeanne Ann Cannon · Monarch Realty Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1988

About this home

Investment Opportunity - Income-Producing Multi-Unit Property a Rare opportunity to own a diversified income-producing property in a prime location. This unique investment package includes five (5) separate 3-bedroom, 2-bath residential homes, one (1) 1-bedroom, 1-bath residential unit, and two (2) commercial rental spaces, providing multiple streams of revenue from both residential and commercial tenants. All units are rented! Situated on highly traveled Peavine Road, this property offers excellent visibility, convenient access, and strong rental potential. Whether you're looking to expand your investment portfolio or acquire a property with immediate income and future growth potential. 5 Residential Homes - 3 Bed / 2 Bath 1 Residential Unit - 1 Bed / 1 Bath 2 Commercial Rental Spaces Multiple Income Streams Excellent Investment Potential Prime Location on Peavine Road This is a rare chance to acquire a turnkey investment property with established rental opportunities and long-term upside. Buyer to verify all information. Information deemed reliable but not guaranteed.

Property details

MLS #
1344110
Property type
Residential Income
Subdivision
Bruce Cannon Peavine Rd Sub
Status
Active
Days on market
73
On market date
June 10, 2026
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Stone Elementary
1.59 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
647
Student:teacher ratio
17.5:1
District
Cumberland County
Middle
None found nearby
High
Stone Memorial High School
2.01 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,004
Student:teacher ratio
17.3:1
District
Cumberland County

Mortgage calculator

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Est. monthly payment
$9,033/mo
$295,000 down
$1,180,000 loan
Principal & interest$7,653
Property tax (est.)$1,229
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated June 10, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.