118 W Walnut St, Smithville, TN, 37166
About This Home
Rare opportunity to own a one-of-a-kind multi-use property in the heart of Historic Downtown Smithville! Whether you're looking for a stylish downtown residence, a boutique retail space, professional office, or investment opportunity, this beautifully remodeled property offers endless possibilities. Every detail has been thoughtfully updated with elegant, modern finishes while preserving its unique industrial character. Sealed concrete floors, exposed block walls, and exposed ductwork create a sleek, contemporary aesthetic that's sure to impress clients, customers, or guests alike. The versatile interior features a fully equipped kitchen and a beautifully updated bathroom, making it move-in ready for residential living or immediate business use. Large open spaces provide flexibility to customize the layout to fit your vision, whether that's a trendy storefront, creative studio, office, short-term rental, or downtown loft. Located in one of Smithville's most desirable locations, you'll enjoy exceptional visibility and walkability right in the center of town. Situated directly across the street from the local coffee shop and just steps from charming boutiques, restaurants, and downtown businesses, this property offers the convenience and energy of Historic Downtown living. Outside, a private backyard area provides a rare bonus for downtown properties—perfect for relaxing, entertaining, outdoor seating, or creating your own private retreat. If you've been searching for a truly unique property that blends modern style, historic charm, and unmatched versatility, this is your chance. Live, work, invest, or create your dream business in one exceptional downtown location!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1928
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Oven,Gas Range,Refrigerator
Basement
- Basement: None
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Concrete
- Finished area above ground: 840
Heating & Cooling
- Heating features: Central
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 840
- Total interior livable area: 840 sqft
Property
Details
- Parcel number: 064L B 04500 000
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Topography of land: Corner Lot,Level
Lot
- Lot size: 2,178 sqft
- Features: Corner Lot,Level
- Lot size dimensions: 21 x 112
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
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
- Drought
- Earthquake
- Hail
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 | $1,911 | $22,932 |
| Home Insurance | $222 | $2,664 |
| Property Taxes | $107 | $1,284 |
| Electricity | $175 | $2,103 |
| Total | $2,415 | $28,980 |
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 |
|---|---|---|
| 2026-07-24 | Listed for sale | $378,000 |
| 2022-11-03 | Listing removed | -- |
| 2022-08-06 | Pending sale | $200,000 |
| 2022-06-10 | Listed for sale | $200,000 |
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