# 459 N Main Street, Lexington, TN 38351 > **TL;DR:** multi-family, $950,000 ($96/sqft), built 1996, 9,888 sqft. > A/C. Est. $5,081/mo. Listed 76 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $950,000 | | Price/sqft | $96 | | Square Feet | 9,888 | | Year Built | 1996 | | Lot Size | 17,424 sqft (0.40 acres) | | Stories | 2 | | Property Type | Multi-Family (Apartment) | | Status | Active | | Days on Market | 76 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,804 | | Estimated Insurance | $277 | | **Total** | **$5,081** | ## Key Amenities - A/C ## Property Highlights - Built in 1996 - 0.40 acre lot - 2 stories - 34 parking spaces ## Description ### Agent Description Unique Investment Opportunity - Ideal for Hotel, Airbnb, Apartments & Rental Income Discover a rare and highly versatile investment opportunity in Henderson County, Tennessee, offering approximately 9,888 square feet of existing space with an exceptional layout for an investor looking to create multiple rental units, mini-apartments, extended-stay accommodations, a boutique hotel, Airbnb/short-term rentals, or other hospitality concepts. Conveniently located just minutes from the popular Beech Lake Resort area, known for boating, fishing, recreation, and summer water sports, this property offers tremendous potential for generating multiple income streams. Upstairs - Exceptional Potential for Rental Units or Hospitality. The upstairs features 19 individual rooms, offering an existing configuration that could provide an excellent starting point for mini-apartments, efficiency units, extended-stay lodging, Airbnb accommodations, or individual rental suites. The upper level includes 19 private rooms of varying sizes, 4 bathrooms, 2 additional showers, a kitchenette, 2 additional sinks, 4 central HVAC units, 4 electrical breaker boxes, and existing network/cabling infrastructure. Two separate exits, including one with a private exterior stairwell, provide additional flexibility. Numerous private rooms already in place, this level presents exciting opportunity for an investor seeking to convert existing space into multiple income-producing units rather than starting from the ground up. Downstairs - Additional Income & Flexible Use Potential The downstairs offers approximately 10 rooms, 3 restrooms, 10 additional sinks, 3 central HVAC units, and multiple large open areas, including a 65' x 48' room, 27' x 34' room, and 28' x 17' room, along with offices and storage areas. This space could provide additional opportunities for rental suites, offices, business space, hospitality amenities, leasing space, or other income-producing uses. A large front foyer, multiple exits, handicap-accessible access, tile and ceramic flooring, existing workstations, and a recently installed security system add to the property's functionality. Additional Investment Opportunity The property offers approximately 30 marked parking spaces plus additional surrounding parking. There is also an opportunity to acquire the two adjacent properties, including an approximately 4,200-square-foot commercial shop/garage and a 1,130-square-foot home, creating even greater potential for additional rental income, storage, residential accommodations, commercial space, or mixed-use development. With nearly 10,000 square feet already divided into numerous individual rooms, substantial HVAC and electrical infrastructure, multiple bathrooms and sinks, abundant parking, and a location near Beech Lake, this property offers an investor the opportunity to explore a unique hospitality or multi-unit rental concept with the potential for multiple income streams. Ideal uses to explore include: Boutique Hotel - Airbnb/Short-Term Rentals - Extended-Stay Lodging - Mini-Apartments - Efficiency Rentals - Rental Suites - Office Suites - Mixed-Use Investment. Contact Debbie Mays to schedule a private showing and explore the income-producing possibilities of this unique Henderson County investment property. ## Location - **Address:** 459 N Main Street, Lexington, TN 38351 - **County:** Henderson - **Coordinates:** 35.657857, -88.409206 - **Google Maps:** https://www.google.com/maps?q=35.657857,-88.409206 ## Listing Agent - **Name:** Debbie Mays · **License:** 290698 - **Brokerage:** United Country 7 Lakes - **Broker Phone:** 7319677412 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/459-N-Main-St_Lexington_TN_38351_M90357-24679?f=listhub&s=CWTAR&m=2603910&c=propsimple) ## Photos ![459 N Main Street - Photo 1](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f924530996r.jpg) ![459 N Main Street - Photo 2](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f710549416r.jpg) ![459 N Main Street - Photo 3](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f1525200016r.jpg) ![459 N Main Street - Photo 4](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3972798630r.jpg) ![459 N Main Street - Photo 5](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3817761777r.jpg) ![459 N Main Street - Photo 6](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f2768646225r.jpg) ![459 N Main Street - Photo 7](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f384886131r.jpg) ![459 N Main Street - Photo 8](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f1701319981r.jpg) ![459 N Main Street - Photo 9](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3867632824r.jpg) ![459 N Main Street - Photo 10](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f124110341r.jpg) ![459 N Main Street - Photo 11](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f817352807r.jpg) ![459 N Main Street - Photo 12](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3455820385r.jpg) ![459 N Main Street - Photo 13](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f2341504602r.jpg) ![459 N Main Street - Photo 14](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3704787389r.jpg) ![459 N Main Street - Photo 15](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f972086843r.jpg) ![459 N Main Street - Photo 16](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3483991489r.jpg) ![459 N Main Street - Photo 17](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3591191232r.jpg) ![459 N Main Street - Photo 18](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f1727768203r.jpg) ![459 N Main Street - Photo 19](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f570943260r.jpg) ![459 N Main Street - Photo 20](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3488731767r.jpg) ![459 N Main Street - Photo 21](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3982750283r.jpg) ![459 N Main Street - Photo 22](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f134097352r.jpg) ![459 N Main Street - Photo 23](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f2670622179r.jpg) ![459 N Main Street - Photo 24](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f1749068672r.jpg) ![459 N Main Street - Photo 25](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f1896715469r.jpg) ![459 N Main Street - Photo 26](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3196322222r.jpg) ![459 N Main Street - Photo 27](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f923753267r.jpg) ![459 N Main Street - Photo 28](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f1411115497r.jpg) ![459 N Main Street - Photo 29](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3045839021r.jpg) ![459 N Main Street - Photo 30](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f1321772260r.jpg) ![459 N Main Street - Photo 31](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f3737886832r.jpg) ![459 N Main Street - Photo 32](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f4171354552r.jpg) ![459 N Main Street - Photo 33](http://lh.rdcpix.com/6088b355f4229f03e6aa76f1e2ad296el-f2463654334r.jpg) --- **MLS#:** 2603910 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/459-n-main-street-lexington-tn-38351-eb84bafea8db444d9ba630bdc3f86dc6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/459-n-main-street-lexington-tn-38351-eb84bafea8db444d9ba630bdc3f86dc6#listing", "url": "https://staging.propertysimple.ai/listing/459-n-main-street-lexington-tn-38351-eb84bafea8db444d9ba630bdc3f86dc6", "name": "459 N Main Street, Lexington, TN 38351", "description": "Unique Investment Opportunity - Ideal for Hotel, Airbnb, Apartments & Rental Income Discover a rare and highly versatile investment opportunity in Henderson County, Tennessee, offering approximately 9,888 square feet of existing space with an exceptional layout for an investor looking to create multiple rental units, mini-apartments, extended-stay accommodations, a boutique hotel, Airbnb/short-term rentals, or other hospitality concepts. Conveniently located just minutes from the popular Beech Lake Resort area, known for boating, fishing, recreation, and summer water sports, this property offers tremendous potential for generating multiple income streams. Upstairs - Exceptional Potential for Rental Units or Hospitality. The upstairs features 19 individual rooms, offering an existing configuration that could provide an excellent starting point for mini-apartments, efficiency units, extended-stay lodging, Airbnb accommodations, or individual rental suites. The upper level includes 19 private rooms of varying sizes, 4 bathrooms, 2 additional showers, a kitchenette, 2 additional sinks, 4 central HVAC units, 4 electrical breaker boxes, and existing network/cabling infrastructure. Two separate exits, including one with a private exterior stairwell, provide additional flexibility. Numerous private rooms already in place, this level presents exciting opportunity for an investor seeking to convert existing space into multiple income-producing units rather than starting from the ground up. Downstairs - Additional Income & Flexible Use Potential The downstairs offers approximately 10 rooms, 3 restrooms, 10 additional sinks, 3 central HVAC units, and multiple large open areas, including a 65' x 48' room, 27' x 34' room, and 28' x 17' room, along with offices and storage areas. This space could provide additional opportunities for rental suites, offices, business space, hospitality amenities, leasing space, or other income-producing uses. A large front foyer, multiple exits, handicap-accessible access, tile and ceramic flooring, existing workstations, and a recently installed security system add to the property's functionality. Additional Investment Opportunity The property offers approximately 30 marked parking spaces plus additional surrounding parking. There is also an opportunity to acquire the two adjacent properties, including an approximately 4,200-square-foot commercial shop/garage and a 1,130-square-foot home, creating even greater potential for additional rental income, storage, residential accommodations, commercial space, or mixed-use development. With nearly 10,000 square feet already divided into numerous individual rooms, substantial HVAC and electrical infrastructure, multiple bathrooms and sinks, abundant parking, and a location near Beech Lake, this property offers an investor the opportunity to explore a unique hospitality or multi-unit rental concept with the potential for multiple income streams. Ideal uses to explore include: Boutique Hotel - Airbnb/Short-Term Rentals - Extended-Stay Lodging - Mini-Apartments - Efficiency Rentals - Rental Suites - Office Suites - Mixed-Use Investment. 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