538 Mount Nebo Rd

Active

Iron City, TN 38463

Bedrooms
0
Bathrooms
0.00
Sq Ft
2.0000
Acres
Updated 5 minutes ago MLS #: 3164464 Listed 3 months ago

$150,000.00 $147,900.00

Est. Monthly: $723.96

About This Property

OWNER/AGENT DISCLOSURE: Seller is a licensed Tennessee Principal Broker selling as a principal. Incredible investor opportunity on 2 unrestricted acres near the TN/AL line! This 3BR/1.5BA property is an AS-IS value-add play with massive equity upside. The layout features an attached 2-car garage perfectly positioned for an easy 4th or 5th bedroom conversion to instantly maximize your After Repair Value (ARV). Offered exclusively via a short-term lease with an option to purchase. Requires a minimum 10% non-refundable option fee up front, monthly lease terms between $950-$1,000, and standard tenant-buyer screening. Buyer assumes all inspection burdens (septic, plumbing, HVAC, utilities) at their own expense. Contractor line-item repair estimate is available upon request with proof of funds. Principal-to-principal inquiries only

Location

Subdivision Near /TN Alabama line
Directions From Saint Joseph take 227 1.5 miles, turn right onto Mt. Nebo Rd. Look for Pointer signs !y

Interior Features

Exterior & Property

Lot Features Cleared,Level
Sewer/Septic Septic Tank
Water Source Private

Schools

K-5
Elementary School
Leoma Elementary
6-8
Middle School
Leoma Elementary
9-12
High School
Loretto High School

Property Details

Property Type Land
Annual Taxes $825.00
Listing Office Polk Property Real Estate
Listing Agent Shavonda M. Polk
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-07-01T05:01:08+00:00. 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.