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200 & 202 Main St W, Mount Carmel, TN, 37645

6beds
2baths
2,250sqft
$389,900
$173price/sqft
$2,526/moest. monthly cost
$101,040/yrincome needed

About This Home

Welcome to 200 & 202 W Main Street, a rare investment and development opportunity in the heart of Mount Carmel. Positioned in a highly visible location with valuable MX2 zoning, this unique property offers outstanding flexibility for investors, business owners, and developers looking to capitalize on a prime in-town setting. Situated on approximately one acre of deep, level land, the property is ready for your next vision. Whether you are looking to expand your rental portfolio, develop additional residences, explore mixed-use potential, or create a new commercial concept, the zoning opens the door to a wide range of possibilities. Opportunities with this level of versatility are difficult to find. The property currently features two income-producing dwellings, both tenant occupied and generating immediate cash flow. One residence rents for $1,295 per month and the second rents for $950 per month, providing built-in income while planning future development. Excellent location, strong upside potential, existing rental income, nearly one acre of usable land, and flexible MX2 zoning make this an exceptional offering in growing Mount Carmel. Showings require a minimum 48-hour notice and must be accompanied by the listing agent or property manager out of respect for tenant privacy. All information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information, zoning, and intended use.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

7/10
5/10
4/10
Volunteer High SchoolGrades 9-126.7 mi

Construction

Condition

  • Property condition: Average
  • Year built: 1945

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Asbestos,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage,Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Block,Concrete,Interior Entry,Sump Pump,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Eat-in Kitchen,Solid Surface Counters
  • Window features: Double Pane Windows,Insulated Windows,Window Treatments
  • Flooring: Ceramic Tile,Hardwood

Heating & Cooling

  • Heating features: Floor Furnace,Natural Gas
  • Cooling features: Ceiling Fan(s),Wall Unit(s)

Interior Area

  • Total structure area: 3,146
  • Total interior livable area: 2,250 sqft

Property

Details

  • Parcel number: 033a B 00800 000
  • Zoning: MX-2

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Back,Enclosed
  • Topography of land: Cleared, Level

Lot

  • Lot size: 1 Acres
  • Lot size dimensions: 100 x 407

Parking

  • Total spaces: 1
  • Parking features: Driveway,Asphalt,Detached
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Landslide
Strong Wind
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,971$23,652
Home Insurance $201$2,412
Property Taxes $172$2,064
Electricity $182$2,193
Total$2,526$30,312

Income You'd Need if You Spent...

35% on housing$86,605/yr
40% on housing$75,780/yr
45% on housing$67,360/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$173This listing

vs Other Active Listings

Avg $/sqft

ZIP 37645$113
Hawkins County$164

vs Homes Sold Last Month

Median $/sqft

ZIP 37645$175
Hawkins County$166

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Listed for sale$389,900
2026-04-17Listing removed$389,000
2026-02-13Price change$389,000
2024-05-21Price change$399,000
2023-10-31Listed for sale$449,900

For Sale by Agent

AgentDominick Abate
BrokerageThe Addington Agency Bristol

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