Martin, TN 38237,109 K ST
Martin, TN 38237,109 K ST
Martin, TN 38237,109 K ST
Martin, TN 38237,109 K ST
Martin, TN 38237,109 K ST
Martin, TN 38237,109 K ST
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Listed by: Dylan Jones Southern LifeStyle Properties

$445,000

$490,000

9.2%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 09/24/2025

Key Details

Sold Price $445,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2501987

Sold Date 09/24/25

Year Built 1900

Annual Tax Amount $2,247

Lot Dimensions 150X120M

Property Sub-Type Apartment

Source Central West Tennessee Association of REALTORS®

Property Description

Welcome to 109 K St., Martin, TN - a unique 6-unit apartment complex just minutes from the University of Tennessee at Martin. Once a local church, this property has been thoughtfully transformed into a thriving multifamily residence with strong rental history and modern updates throughout.

Each of the six units features 2 bedrooms, 1 bathroom, and convenient in-unit laundry, offering comfort and functionality for tenants. Major renovations include new plumbing, updated flooring, stylish fixtures, and numerous additional improvements that have revitalized the property from top to bottom.

All units are currently leased, generating a total monthly income of $7,030. With utilities included in the rent and paid by the seller, this turn-key investment is not only fully occupied but also highly desirable among renters. The property also offers open parking and a large lot, providing ample space for residents.

Whether you're looking to grow your investment portfolio or step into multifamily real estate ownership, 109 K St. is a rare opportunity in a high-demand rental market near a major university.

Don't miss your chance to own this one-of-a-kind income-producing property—schedule your showing today!

Location

State TN

County Weakley

Zoning R-2 with Exemption

Interior

Heating Central, Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Luxury Vinyl, Vinyl

Appliance Electric Oven, Electric Water Heater, Range, Range Hood, Refrigerator

Heat Source Central, Forced Air, Natural Gas

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features Concrete, Open

Utilities Available Sewer Connected, Water Connected

Roof Type Shingle

Street Surface Asphalt

Porch Covered, Front Porch

Road Frontage City Street

Building

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Brick

Schools

Elementary Schools Weakley County

High Schools Weakley County

Others

Tax ID 072I H 002.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Eddie Aeschliman
Eddie Aeschliman

Broker/Owner | License ID: 326049

+1(901) 860-3302

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

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