Search
4-Unit Residential Income Property
For Sale
$375,000

414 W Bockman Way, Sparta, TN 38583

Residential Income, Sparta, TN

Property Size3,120 SF
Lot Size0.11 Acres
Price / SF$120.19
Days on Market98

Property Features for 414 W Bockman Way

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Bathroom 3
Parking features Paved or Surfaced
Window features Double Pane Windows, Single Pane Window(s), Wood Frames
Appliances Electric Water Heater, Dishwasher, Refrigerator, Electric Range
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
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 1333

Utilities

Sewer type Public Sewer
Heating system Baseboard
Water source Public

Building Details

Year built 1947
Number of units 4
Flooring type Carpet, Hardwood, Vinyl, Tile
Building materials Frame, Block, Brick
Roof type Rubber, Flat
Listing Agency: True North Real Estate Services, LLC
Listed By: Jerica Halliburton · License #359567
Added: May 18 Changed: Aug 21 Last Checked: Aug 23 at 2:06PM
MLS# 242948

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 includes four residential units arranged with two upstairs and two downstairs. Each unit contains one bedroom, one bathroom, a living room, a kitchen with an eat-in dining area, and laundry hookups. All four units are leased on 1-year terms. The property was built in 1947 and has frame, block, and brick construction with vinyl, tile, carpet, and hardwood flooring.

Located at 414 W Bockman Way in Sparta, the property sits along one of the city's main corridors. Improvements include a flat rubber roof, baseboard heating, paved or surfaced parking, public water, and public sewer. Appliances include electric water heaters, dishwashers, refrigerators, and electric ranges.

Key Highlights

  • 3,120 sq ft quadplex on a 0.1148‑acre lot
  • Four units: two upstairs and two downstairs
  • All units leased on 1‑year terms

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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four leased residential units span two levels, each with one bedroom, one bath, 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 sq ft quadplex on a 0.1148‑acre lot; Four units: two upstairs and two downstairs; All units leased on 1‑year terms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message