Improved Mixed-Use Land for Sale in Shelbyville, Tennessee
1675 Madison St, Shelbyville, TN 37160
FOR SALE | 18-Unit Mobile Home Park + Single-Family Residence | 100% Occupied
Asking Price: $1,499,999
1675 Madison Street, Shelbyville, TN 37160
Excellent opportunity to acquire an established, income-producing manufactured housing community located along Madison Street in Shelbyville, Tennessee.
Situated on approximately 2.16 acres, the property consists of 17 park-owned mobile homes and one single-family residence, providing a total of 18 residential rental units.
The community is 100% occupied and benefits from public water and sewer, direct Madison
Street frontage, and convenient access to local shopping, restaurants, employers, and medical services. With an established rental operation and potential for market-supported rent increases, this investment offers an attractive opportunity for investors seeking immediate rental income and long-term appreciation potential. 2026 income and NOI are budgeted and recasted. Total Square Footage is an estimate.
ADDITIONAL INVESTMENT OPPORTUNITY: A second mobile home park located at
1501 E Depot Street in Shelbyville is also available for purchase separately.
Contact Tom at 615-790-5099 for additional information, financial documentation, and to schedule a property tour.
This property is co-listed with Greg Sanford with Greg Sanford Real Estate. 615-300-0753.
- Listed by Thomas Lochbihler, (615) 790-5099, Loch Company
Location
- Street address
- 1675 Madison St
- County
- Bedford County
- Zip code
- 37160
- Elevation
- 768 feet
Directions
Hwy 231 South, East on Hwy 42 A, Property on Left
Property details
- Acreage
- 2.16 acres
- Zoning
- C2 Hwy
- MLS #
- REALTRACS 3622996
- Posted
Parcels
- 090 10800 000
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Unimproved Land
- Possession
- Close of Escrow
Lot
- Size Source
- Assessor
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 20, 2026 | New listing | $1,499,999 | — | REALTRACS |
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Based on information submitted to the MLS GRID as of Oct 21, 2026 1:00 am MT. 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. Some IDX listings have been excluded from this website. View more