This Property is zoned MX-2 which allows for Retail Development, Professional, Personal, Multi Family, Commercial, Condos, Apartments and more. This is a large deep lot with great visibility. Two houses with good rental history. Both are currently leased. One house is a 2 bedroom, 1 bath, LR, kitchen, DR, storage and 1 car garage with shed. The other is a 4 bedroom, bath, LR, DR, kitchen, enclosed back porch, basement and laundry.
The median home value in Mount Carmel, TN is $315,000. This is higher than the county median home value of $199,300. The national median home value is $338,100. The average price of homes sold in Mount Carmel, TN is $315,000. Approximately 81.79% of Mount Carmel homes are owned, compared to 14% rented, while 4.21% are vacant. Mount Carmel real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mount Carmel real estate agent to arrange a tour today!
Mount Carmel, Tennessee has a population of 5,460. Mount Carmel is more family-centric than the surrounding county with 32.59% of the households containing married families with children. The county average for households married with children is 23.8%.
The median household income in Mount Carmel, Tennessee is $59,691. The median household income for the surrounding county is $49,101 compared to the national median of $69,021. The median age of people living in Mount Carmel is 44.2 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 42.9 inches per year, with 9.7 inches of snow per year.