




200 & 202 Main St W, Mount Carmel, TN, 37645
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
Schools
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
- Cold Wave
- Inland Flooding
- Landslide
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| 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...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Listed for sale | $389,900 |
| 2026-04-17 | Listing removed | $389,000 |
| 2026-02-13 | Price change | $389,000 |
| 2024-05-21 | Price change | $399,000 |
| 2023-10-31 | Listed for sale | $449,900 |
