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Eddie Aeschliman

eddiewithexit@gmail.com +1(901) 860-3302

Listed by: Dessie Hardee RE/MAX Realty Source

$ 499,900

Est. payment | -/mo

2,710 SqFt

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$ 499,900

Est. payment | -/mo

Save

2,710 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,710 sqft

Price per Sqft $184

MLS Listing ID 2601776

Year Built 1947

Annual Tax Amount $1,460

Lot Dimensions 88X59.0

Property Sub-Type Multi Family

Source Central West Tennessee Association of REALTORS®

Property Description

Quadplex investment opportunity in Martin, TN just minutes from UT Martin and conveniently located near shopping, dining, and everyday amenities. This fully renovated property features four units, including two spacious 2 bed 1 bath units and two 1 bed 1 bath units, offering a versatile unit mix that appeals to a wide tenant base. Extensive renovations have been completed throughout all four units, making this a true turnkey opportunity. Exterior improvements include vinyl siding, replacement windows, updated lighting, fresh paint, and enhanced landscaping for strong curb appeal. Interior updates feature new paint, updated trim and doors, modern light fixtures, new mini blinds, and a combination of refinished hardwood floors and durable vinyl plank flooring in kitchens, bathrooms, and hallways. Kitchens have been upgraded with new cabinetry, butcher block countertops in select units, and appliances including stoves and refrigerators. Bathrooms have been refreshed with new vanities, fixtures, commodes, and tub surrounds. Major system updates include HVAC in all units, updated electrical with new panels and meters, and plumbing improvements including new water heaters and updated lines where needed. The property also includes a finished shared laundry room with two washer hookups and two dryer hookups, adding convenience for tenants. Units 1 and 2 offer larger layouts with living rooms, dining areas, and additional space, while Units 3 and 4 provide efficient upper-level living with finished interiors. One unit is currently tenant-occupied (24-hour notice required), providing immediate income potential. With strong rental demand driven by proximity to UT Martin, this property is well-positioned for consistent occupancy and long-term returns. Large units, quality renovations, and a prime in-town location make this a standout addition to any investor's portfolio.

Location

State TN

County Weakley

Direction Head north on US-45E N Continue onto US-45E BUS N 2.0 mi Turn right onto Park St 0.1 mi Turn left onto Summer St Destination will be on the right 116 Summer St Martin, TN 38237

Interior

Heating See Remarks

Cooling Window Unit(s)

Flooring Luxury Vinyl

Heat Source See Remarks

Exterior

Street Surface Asphalt

Road Frontage City Street

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Brick,Vinyl Siding

Schools

Elementary Schools Weakley County

High Schools Weakley County

Others

Tax ID 072P A 028.00

Special Listing Condition Standard

Nearby Locations

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Eddie Aeschliman

Broker/Owner | License ID: 326049

eddiewithexit@gmail.com

+1(901) 860-3302

169 Willow Springs Dr, Medina, Tennessee, 38355, USA

116 Summer ST Martin, TN 38237

Eddie Aeschliman

Key Details

Location

Interior

Exterior

Building

Schools

Others

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116 Summer ST