Well-Maintained Four-Unit
For Sale
$285,000
Pending
1-4-503 Leonard St, Greeneville, TN 37745
Fully occupied residential property with month-to-month leases and individually metered electric service.
Property SizeContact for details
Days on Market80
Property Features for 1-4-503 Leonard St
General Information
Standard status
Pending
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$24,900
Listing Agency:
Arbella Properties JC/FB
Listed By:
Tim Hensley · License #370561
(423) 446-8154
Source:
Exprealty
Added: Aug 6
Changed: Oct 6
Last Checked: Oct 23 at 8:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arbella Properties JC/FB
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Investment Insights
Based on property information with market context.
This quadplex at 1-4-503 Leonard St in Greeneville, TN contains four one-bedroom, one-bath residences, each approximately 500± SF. The units are fully occupied and leased month to month. Interior systems include in-wall A/C, baseboard heat, and separate water heaters; two residences have washer hookups.
A new architectural roof and complete exterior repaint were completed last year. Tenants pay their own electric, while the owner provides water/sewer, lawn care, and city trash service. The property is configured for straightforward residential rental operations, with each unit maintained in good condition.
A new architectural roof and complete exterior repaint were completed last year. Tenants pay their own electric, while the owner provides water/sewer, lawn care, and city trash service. The property is configured for straightforward residential rental operations, with each unit maintained in good condition.
Key Highlights
- Four one‑bedroom, one‑bath units, each approximately 500± SF
- Fully occupied with month‑to‑month leases
- New architectural roof completed last year
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Explore this area
Business Placement
Demographics for 37745, TN
19,714
Population
9,423
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
121.9 sq mi
ZIP Area
162
Density / Sq Mi
$54,946
Median Household Income
$35,609
Median Earnings
$677
Median Rent
$194,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied residential property with month-to-month leases and individually metered electric service.
Where is this quadplex located?
The property is located at 1-4-503 Leonard St Greeneville, TN.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath units, each approximately 500± SF; Fully occupied with month‑to‑month leases; New architectural roof completed last year
