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4-Unit Quadplex
For Sale
$375,000

414 W Bockman Way, Sparta, TN 38583

Commercial Sale, Sparta, TN

Property Size3,120 SF
Price / SF$120.19
Days on Market98

Property Features for 414 W Bockman Way

General Information

Property type Commercial Sale
Property subtype Other
Parking features Paved or Surfaced
Directions From White County Courthouse, travel west on W Bockman Way (Hwy 70). Property on right.
Subdivision Sparta City Limits, TN
Standard status Active
APN 065.00
Size 3,120 SF

Taxes and HOA fees

Tax Annual Amount 1333

Utilities

Heating system Baseboard
Water source Public

Amenities

laundry hookups

Building Details

Floors in Building 2
Building materials Frame, Block, Brick
Roof type Flat, Rubber
Listing Agency: True North Real Estate Services, LLC
Listed By: Jerica Halliburton · License #359567
Added: May 18 Changed: Aug 20 Last Checked: Aug 23 at 10:06AM
MLS# 242947

Copyright © 2026 Upper Cumberland 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.

Investment Insights

Based on property information with market context.

This 3,120-square-foot quadplex at 414 W Bockman Way is arranged across two levels, with two residences upstairs and two downstairs. Each unit contains one bedroom, one bathroom, a living room, kitchen, eat-in dining area, and laundry hookups. All four units are leased on 1-year terms, providing an established occupancy profile for continued multifamily use.

The property is situated in Sparta, TN, along W Bockman Way. Improvements include frame, block, and brick construction, a flat rubber roof, baseboard heating, paved or surfaced parking, and public water service. The existing four-unit configuration offers a straightforward residential income setup within a central Sparta location.

Key Highlights

  • 3,120‑square‑foot quadplex configured with 2 upstairs units and 2 downstairs units
  • All 4 units are leased on 1‑year terms
  • Each residence includes 1 bedroom, 1 bath, living room, kitchen, eat‑in dining area, and laundry hookups

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Locksmith (Bike/Boat/Book/etc) Store Daycare Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

Demographics for 38583, TN

25,302
Population
11,158
Households
2.3
Avg Household Size
44
Median Age
14%
College-Educated
83%
High-School Grad
363.6 sq mi
ZIP Area
70
Density / Sq Mi
$58,285
Median Household Income
$32,634
Median Earnings
$851
Median Rent
$199,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased residential income property with separate living spaces, kitchens, dining areas, and laundry hookups.
Where is this quadplex located?
The property is located at 414 W Bockman Way Sparta, TN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3,120‑square‑foot quadplex configured with 2 upstairs units and 2 downstairs units; All 4 units are leased on 1‑year terms; Each residence includes 1 bedroom, 1 bath, living room, kitchen, eat‑in dining area, and laundry hookups
More about this property
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