Sold
Last Sold Price
3 beds3 baths3,280 sqft
16365 Highway 58, Decatur, TN 37322
Multi FamilyProperty Type
1960Year Built
$152/sq ftPrice per sq ft

Description

Welcome to our charming single-level apartment building nestled in a serene neighborhood. This well-maintained property incudes five one-bedroom apartments and three convenient studio apartments, offering living options to meet a variety needs. Don't miss the opportunity to add this property to your portfolio and generate cash flowWelcome to our charming single-level apartment building nestled in a serene neighborhood. This well-maintained property incudes five one-bedroom apartments and three convenient studio apartments, offering living options to meet a variety needs. Don't miss the opportunity to add this property to your portfolio and generate cash flow
  • Listed by: Gabe Cartwright • EXIT Provision Realty
Listing closed: 06/20/2024 01:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 3192436

Location

Listing Courtesy of EXIT Provision Realty, Gabe Cartwright

Sold By COMPS ONLY, Comps Only

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$2,686 per month

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Principal and Interest

$2,584

Property Taxes

$103

HOA Dues

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Property Information for 16365 Highway 58

Property Details
  • Taxes: $1,232 / year
  • MLS Type: Residential Income
  • County: Meigs County
  • Subdivision Name: None
  • Waterfront: No
Building Information
  • Stories: 1
  • Residences: 8
  • Year Built: 1960
Summary
Location and General Information
  • Directions: Take I75 North to Exit 49 (Athen), Turn left to Hwy 30 , then left to Hwy 58. Building is on right
  • Elementary School: Meigs North Elementary
  • High School: Meigs County High School
  • Levels: One
  • Living Area Units: Square Feet
  • Middle Or Junior School: Meigs Middle School
  • Mlg Can View: Yes
Parking
  • Parking Features: Detached
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Units: Square Feet
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 047C A 00200 000
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Other, Brick
  • Documents Count: 0
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Existing
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Electric
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
Interior and Exterior Features
Exterior Features
  • Attached Garage: No
  • Exterior Features: No Dock
  • Pool Private: No
  • Roof: Other
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Unit 1
  • Unit Type Actual Rent: $850.00
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 4
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Rental Information
Rental Information
  • Rent Includes: Other
  • Tenant Pays: None
  • Total Actual Rent: $1,850

Property History for 16365 Highway 58

DateEvent & SourcePriceAppreciation
Jun 20, 2024

Closed

REALTRACS #3192436

$500,000
Jun 20, 2024

Closed

Greater Chattanooga Association of REALTORS #1387135

$500,000
Jun 18, 2024

Closed (Public Record)

Public Record #1545401313

$500,000
DateEvent & SourcePrice
06/20/2024

Closed

REALTRACS #3192436

$500,000
06/20/2024

Closed

Greater Chattanooga Association of REALTORS #1387135

$500,000
06/18/2024

Closed (Public Record)

Public Record #1545401313

$500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16365 Highway 58

Taxable ValueLand$6,360Additions$91,840Total$98,200
Tax Record2025$1,997 ($166 / month)
Home Facts
Total Finished SqFt3,360 SqFtAbove Grade Finished SqFt3,360 SqFtStories1Lot Size37,026 SqFtStyleHotel / MotelYear Built1960Year Renovated2011CountyMEIGSAPN047C A 00200

Schools near 16365 Highway 58

This home is within Meigs County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Meigs North Elementary School
PublicPK to 5

Meigs Middle School
Public6 to 8

Meigs County High School
Public9 to 12

Meigs South Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16365 Highway 58, Decatur, TN 37322
$500,000
3
3
3,280
$50,000
1
1,547
37,897
$30,000
1
1,581
16,553
1.5
4,160
70,567
$17,300
3
1,895
3,267,000
1.5
20,600
87,120

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXIT Provision Realty, Gabe Cartwright

Based on information submitted to the MLS GRID as of 09/11/2026 08:23 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.