Columbia TN Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
2,450
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
2746663
Subdivision:
N/a

ADDITIONAL INFORMATION

This 6-unit apartment building sits in the heart of the Columbia Arts District, offering a prime location just steps from the Columbia Arts Building (CAB), the Library, and downtown Columbia. Tenants enjoy a walkable lifestyle, with access to the area’s vibrant culture and amenities. Half of the units are already renovated, with the other half ready for upgrades, giving the property even more potential. The building boasts an 8% pro forma cap rate, making it a smart investment. Initially planned as a “Music Legends” short-term rental, this property’s proximity to The Mulehouse inspired themed units honoring legendary musicians. However, with the current market, it’s now available as a cash-flowing rental property. I’ve taken great care of this building, replacing much of the plumbing and essential fixtures. Properties in this sought-after area don’t last long – seize this opportunity while you can! Please do not disturb the tenants.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Columbia Real Estate

The median home value in Columbia, TN is $345,600. This is lower than the county median home value of $376,700. The national median home value is $338,100. The average price of homes sold in Columbia, TN is $345,600. Approximately 54.84% of Columbia homes are owned, compared to 35.49% rented, while 9.67% are vacant. Columbia 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 Columbia real estate agent to arrange a tour today!

Columbia, Tennessee 38401 has a population of 40,957. Columbia 38401 is less family-centric than the surrounding county with 30.09% of the households containing married families with children. The county average for households married with children is 31.34%.

The median household income in Columbia, Tennessee 38401 is $50,892. The median household income for the surrounding county is $66,353 compared to the national median of $69,021. The median age of people living in Columbia 38401 is 34.9 years.

Columbia Weather

The average high temperature in July is 89.7 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 56.7 inches per year, with 2.4 inches of snow per year.

Columbia Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    568
    30-day change

Columbia Schools and Demographics

Education near Columbia, TN

Metric City County
High School Graduates 89.76 91.11
College Degree - 2 year 10.84 11.29
College Degree - 4 year 20.84 25.42
Graduate Degree 4.7 6.08
Expenditures per Student 9,801 9,801
Students per Teacher 15.3 15.3

Elementary Schools near Columbia, TN

School Grades Students P/T Ratio ZIP
Highland Park Elementary School PK - 04 348 11.6 38401
J Brown Elementary School PK - 04 401 13.4 38401
J E Woodard Elementary School PK - 04 510 15.4 38401
J E Woody Elementary School PK - 05 570 13.6 38474
J R Baker Elementary School PK - 04 332 14.4 38401
Marvin Wright Elementary School PK - 04 611 16.5 37174
McDowell Elementary School PK - 04 358 14.3 38401
R Howell Elementary School PK - 04 505 14.8 38401
Riverside Elementary School PK - 04 394 13.1 38401
Spring Hill Elementary School PK - 04 544 16.5 37174

Middle Schools near Columbia, TN

School Grades Students P/T Ratio ZIP
E A Cox Middle School 05 - 08 760 14.6 38401
Mt. Pleasant Middle Visual Performance Arts 05 - 08 457 13.1 38474
Spring Hill Middle School 05 - 08 790 20.8 37174
Whitthorne Middle School 05 - 08 948 17.2 38401

High Schools near Columbia, TN

School Grades Students P/T Ratio ZIP
Columbia Central High School 09 - 12 1,372 14.9 38401
Mt Pleasant High School 09 - 12 369 12.3 38474
Northfield Academy 09 - 12 24 12 37174
Spring Hill High School 09 - 12 992 17.1 38401

Ungraded Schools near Columbia, TN

School Grades Students P/T Ratio ZIP
Culleoka Unit School PK - 12 962 17.5 38451
Hampshire Unit School KG - 12 359 13.8 38461
Santa Fe Unit School PK - 12 653 15.9 38482

Demographics near Columbia, TN 38401

Metric Zip Code City
Neighborhood Type Suburban
Population 40,957 99,011
Population Density 1,244 162
Median Age 34.9 39
People per Household 2.5 2.5
Median Household Income 50,892 66,353
Average Income per Capita 27,308 32,987