Downtown Homes under $300,000

Downtown Homes under $300,000

**Discover Downtown: Your Ideal Subdivision Awaits**

Welcome to the vibrant heart of the city – Downtown! This dynamic subdivision is not just the pulse of urban living; it’s a community that blends convenience, culture, and charm. With a rich history and a forward-thinking spirit, Downtown offers an array of amenities that cater to all lifestyles. From trendy cafes and eclectic shops to beautiful parks and cultural hotspots, everything you need is just a stone's throw away.

One of the most appealing aspects of Downtown is its diverse selection of homes, particularly those priced under $300,000. Here, you’ll find an impressive variety of properties that suit both first-time buyers and those looking to downsize. Whether you’re drawn to modern condos with sleek finishes or cozy townhomes with character, Downtown has something for everyone.

Imagine waking up in a stylish abode that’s just minutes away from bustling markets, art galleries, and live music venues. The affordability of homes under $300,000 in this prime location means you can enjoy the excitement of city life without breaking the bank. Plus, with excellent public transportation options and walkable streets, commuting and exploring the neighborhood is a breeze.

In Downtown, you’re not just buying a home; you’re investing in a lifestyle filled with endless possibilities. Experience the charm, convenience, and community spirit that makes Downtown a sought-after destination. Your dream home is waiting for you in this thriving subdivision – come and discover it today!

Newest Downtown Homes under $300,000

5213 Austin Peay Hwy, Westmoreland
$99,000
3247739 MLS ⋅ ACTIVE UNDER CONTRACT Status ⋅ 37186 Zip Code
Calling All Investors! Exceptional Value-Add Opportunity with Cash Flow Don't miss this rare opportunity to acquire a recently renovated, income-producing property in a prime downtown location. Major capital improvements have already been completed, including two HVAC units, and all new flooring, significantly reducing future maintenance expenses. This versatile property features three separate 2-bedroom, 1-bath units, offering multiple investment strategies. Currently, 1 of the 3 units are leased and generating income, while the other two units are undergoing a full renovation and presents the opportunity to add approximately $2400+ per month in additional rental income. Zoned Commercial, this property offers tremendous flexibility for investors and owner-users alike. Continue operating as residential rentals, convert units to professional offices, retail space, service businesses, or create a mixed-use investment. The existing 2-bedroom layout with kitchen could easily serve as office space, a boutique storefront, salon, studio, or other commercial use. Positioned in the heart of downtown and directly across from established businesses, the property benefits from excellent visibility, significant road frontage, and strong future growth potential. Highlights Include: Each unit has their own utility meters 3 units, each offering 2 bedrooms and 1 bathroom 1 units currently leased and cash flowing Value-add opportunity through 2 units fully renovated New roof Two new HVAC systems New flooring throughout Commercial zoning with multiple use possibilities Excellent downtown location Strong road frontage and visibility Ideal for investors, business owners, or mixed-use development Whether you're looking to expand your rental portfolio, establish a commercial presence, or capitalize on a flexible mixed-use investment, this property offers immediate income with significant upside potential.

5213 Austin Peay Hwy, Westmoreland

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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