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518 S College St, Trenton, TN, 38382

--beds
0baths
2,466sqft
$129,000
$52price/sqft
$1,056/moest. monthly cost
$42,240/yrincome needed

About This Home

INCOME PRODUCER! Well-preserved and full of character, this property, located on Trenton's historic College Street, gives the buyer OPTIONS, which include keeping it as an income-producing triplex, or living in one unit while leasing the other two, or returning it to a single family home with 3 bedrooms and 3 baths. It has front and rear entrances into a common area, beautiful hardwood floors, with stoves, refrigerators, washers and dryers included in two of the units. Total square footage is over 3,400, sitting on nearly half an acre just blocks from the downtown business district. Call today! All information deemed accurate but is not warranted by the seller, company or REALTOR. This document is to be used for reference only and is not a valid part of the listing agreement between the buyer and seller. Square footage to be determined by appraiser.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

5/10
Trenton Elementary SchoolGrades PK-40.4 mi
7/10
Trenton Middle SchoolGrades 5-81.2 mi
4/10
Peabody High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1931

Materials

  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Dryer,Electric Range,Electric Water Heater,Refrigerator,Washer
  • Laundry features: Main Level,Multiple Locations,Upper Level

Features

  • Window features: Wood Frames

Heating

  • Heating features: Central

Interior Area

  • Total interior livable area: 2,466 sqft

Property

Details

  • Parcel number: 107E D 005.00
  • Zoning description: H-1 Historical District. Property was an existing multi-family unit so may continue as such.
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Covered

Lot

  • Lot size: 0.41 Acres
  • Lot size dimensions: 117 x 151 M IRR

Parking

  • Total spaces: 3
  • Parking features: Gravel,No Garage,Off Street

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

  • Earthquake
    EarthquakeVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Lightning
Tornado
Cold Wave
Ice Storm
Strong Wind
Winter Weather
Heat Wave

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
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 $652$7,824
Home Insurance $139$1,668
Property Taxes $65$780
Electricity $200$2,404
Total$1,056$12,672

Income You'd Need if You Spent...

35% on housing$36,205/yr
40% on housing$31,680/yr
45% on housing$28,160/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: 11.1%
11.1%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$52This listing

vs Other Active Listings

Avg $/sqft

ZIP 38382$97
Gibson County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 38382$142
Gibson County$141

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)

No zestimate history available

Price History

DateEventPrice
2026-02-24Price change$129,000
2026-01-26Price change$140,000
2025-11-03Price change$159,000
2025-08-25Listed for sale$170,000

For Sale by Agent

AgentMason Warrington
BrokerageHeritage Real Estate, Inc

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