Step into a remarkable 7,204 square foot historic home at 212 East Main Street in Waverly--thoughtfully updated, beautifully maintained, and ready to serve as a true income producing opportunity. This impressive property offers FIVE SPACIOUS APARTMENTS ideal for Airbnb or long-term rental, with an additional unit that can be used as a private residence or another rental option. Recent improvements honor the home's heritage while giving today's buyers peace of mind: new roof, thirty-five new energy efficient windows, updated plumbing and electrical and new exterior lighting. The property sits on city water and city sewage and also includes a detached garage with storage. A SHARED UTILITY ROOM WITH WASHER AND DRYER provides easy access for all renters--an especially attractive feature for extended stays. Its welcoming charm and stately presence make it a MUST-SEE TO TRULY APPRECIATE. Located right on Main Street, you're steps from shops, restaurants and conveniences--an unbeatable spot for guest or tenants. With its size, character and setting, this property could even serve beautifully as a WEDDING VENUE or event space. This property already produces a remarkable amount of income, supported by a steady stream of renters. Its close proximity to LORETTA LYNN RANCH, a popular destination that draws visitors year-round, creates consistent demand and keeps occupancy strong. There is a HIGH DEMAND FOR RENTALS IN THIS AREA, making this a truly reliable investment. A rare opportunity where history, practicality and potential come together.
Active
$799,000
212 E Main St #212, Waverly, TN 37185
9beds
7,204sqft
Est.:
Single Family Residence, Residential
Built in 1940
1 Acres Lot
$-- Zestimate®
$111/sqft
$-- HOA
What's special
Detached garage with storageNew roofFive spacious apartmentsNew exterior lighting
- 22 days |
- 225 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 02:54pm
Listing Provided by:
Kathie McClanahan 615-418-1276,
Rushton & Co. 931-296-3507,
William Stan McClanahan 615-417-3902,
Rushton & Co.
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3047708
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
- Main level bedrooms: 4
Heating
- Electric, Natural Gas
Cooling
- Ceiling Fan(s), Dual, Wall/Window Unit(s)
Appliances
- Included: Electric Range, Gas Range, Dishwasher, Disposal
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), High Ceilings, Pantry, High Speed Internet
- Flooring: Carpet, Laminate, Vinyl
- Basement: Apartment
Interior area
- Total structure area: 7,204
- Total interior livable area: 7,204 sqft
- Finished area above ground: 5,253
- Finished area below ground: 1,951
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Three Or More
- Stories: 2
- Patio & porch: Patio, Covered
Lot
- Size: 1 Acres
- Features: Rolling Slope
- Topography: Rolling Slope
Details
- Parcel number: 064H P 00100 000
- Special conditions: Standard
- Other equipment: Dehumidifier
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Vinyl Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available, Cable Connected
Community & HOA
Community
- Subdivision: Capps Hill
HOA
- Has HOA: No
- Amenities included: Park, Sidewalks, Tennis Court(s), Trail(s)
Location
- Region: Waverly
Financial & listing details
- Price per square foot: $111/sqft
- Annual tax amount: $2,027
- Date on market: 11/18/2025
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listed for sale | $799,000$111/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$4,466/mo
Principal & interest
$3866
Property taxes
$320
Home insurance
$280
Climate risks
Neighborhood: 37185
Nearby schools
GreatSchools rating
- 9/10Waverly Elementary SchoolGrades: PK-3Distance: 0.7 mi
- 4/10Waverly Jr High SchoolGrades: 4-8Distance: 0.7 mi
- 4/10Waverly Central High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Waverly Elementary
- Middle: Waverly Jr High School
- High: Waverly Central High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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