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Sold on 09/19/2018
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205 W Commerce St, Loretto, TN 38469

$160,000

Last sold 09/19/2018 for $79K

  • —

    bed

  • —

    bath

  • 5,600

    Sqft ($14/Sqft)

Multi-family not for sale
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About 205 W Commerce St

Property type Multi-family
Year built 1919
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
This multi-family property is located at 205 W Commerce St, Loretto, TN, 38469 in Lawrence County and was built in 1919. The property offers 5,600 square feet of living space. It is served by municipal water and sewer. The estimated market value is $160,000, approximately $29 per square foot.
Overview
Cooling/AC Wall/Window Unit(s)
Heating Natural Gas
Levels/Style Multi Family, One, 2
Type Residential Income
MLS # 2604683
Living Area 5600, Square Feet
Property Tax $ 1090
Year Built 1919, EXIST
Interior
Exterior
Construction Brick
Amenities / Utilities
Water Source Public
Sewer/ Septic Public Sewer
Location
Subdivision N/a
Elementary School South Lawrence Elementary
High School Loretto High School
Middle School South Lawrence Elementary
Directions South On Hwy 43 Toward Loretto. Turn Right Onto W Commerce St.
Zoning 1
APN 151H E 400 0
Multifamily Details
# of Units Total 6
Net Operating Income 3600
Total Actual Rent 2550
Operating Expense 200
Annual Gross Income 3800
$160K
Range: $70.4K-$249K
Last 30 days 
Rental est.: $995/month
Gross rent multiplier: 6.6 - Great
  • Jun 2024
  • Jun 28, 2024 Delisted
    $424,000
  • May 1, 2024 Price Change
    $424,000 (-5.6%)
  • Dec 29, 2023 Listed
    $449,000 (+468.4%)
  • Sep 2018
  • Sep 19, 2018 Sold
    $79,000
  • Aug 7, 2018 Pending
    —
  • Mar 6, 2018 Price Change
    $79,000 (-33.6%)
  • Feb 1, 2018 Price Change
    $119,000 (-14.4%)
  • May 16, 2017 Listed
    $139,000 (+159.8%)
  • Sep 2018
    Public Records
  • Sep 19, 2018 Sold
    $79,000
  • Dec 2014
  • Dec 18, 2014 Listed
    $53,500
  • Year Property taxes Tax assessment
  • 2023
    $1,090
    $46,560
  • 205 W Commerce St
    $79K
  • —
  • 38469
    $272K -7% y/y
  • Loretto
    $273K -7% y/y
No chart available
Statistics calculated by Movoto

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6/10
South Lawrence Elementary School
public Grades PK, K-8
Lawrence County School District
6/10
Leoma Elementary School
public Grades PK, K-8
Lawrence County School District
5/10
Lawrenceburg Public
public Grades PK, K-5
Lawrence County School District
4/10
David Crockett Elementary School
public Grades PK, K-5
Lawrence County School District
4/10
E O Coffman Middle School
public Grades 6-8
Lawrence County School District
Source: GreatSchools.org © 2026. All rights reserved.

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