Renovated Quadplex with Shared
For Sale
$449,900
116 Summer St, Martin, TN 38237
Four updated units offer a varied mix, refreshed interiors, and dedicated laundry hookups in an in-town Martin setting.
Property Size2,710 SF
Price / SF$166.01
Days on Market124
Property Features for 116 Summer St
General Information
Standard status
Active
Size
2,710 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,461
Amenities
shared laundry room
Building Details
Buildings
1
Listing Agency:
RE/MAX Realty Source
(731) 217-6358
Listed By:
Dessie Hardee · License #032827`1
(731) 217-6358
Source:
Exprealty
Added: Apr 20
Changed: Aug 20
Last Checked: Aug 20 at 10:24AM
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 RE/MAX Realty Source
Investment Insights
Based on property information with market context.
This 2,710-square-foot quadplex at 116 Summer St in Martin, TN contains four renovated units: two two-bedroom, one-bath layouts and two one-bedroom, one-bath units. Units 1 and 2 include living rooms, dining areas, and larger floor plans, while Units 3 and 4 provide finished upper-level residences. Improvements include updated kitchens with cabinetry, select butcher block countertops, stoves, and refrigerators; refreshed bathrooms; refinished hardwood and vinyl plank flooring; and updated paint, trim, doors, lighting, and window treatments.
Major property updates include HVAC serving all units, electrical improvements with new panels and meters, and plumbing work that includes new water heaters and updated lines where needed. Exterior work includes vinyl siding, replacement windows, lighting, paint, and landscaping. A finished shared laundry room provides two washer hookups and two dryer hookups. One unit is tenant-occupied, with 24-hour notice required for access. The property is minutes from UT Martin and near shopping, dining, and everyday amenities.
Major property updates include HVAC serving all units, electrical improvements with new panels and meters, and plumbing work that includes new water heaters and updated lines where needed. Exterior work includes vinyl siding, replacement windows, lighting, paint, and landscaping. A finished shared laundry room provides two washer hookups and two dryer hookups. One unit is tenant-occupied, with 24-hour notice required for access. The property is minutes from UT Martin and near shopping, dining, and everyday amenities.
Key Highlights
- Four‑unit quadplex totaling 2,710 square feet
- Unit mix includes two 2 bed/1 bath units and two 1 bed/1 bath units
- Renovated kitchens, bathrooms, flooring, lighting, trim, doors, and windows
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Explore this area
Business Placement
Demographics for 38237, TN
15,826
Population
6,754
Households
2.3
Avg Household Size
32
Median Age
28%
College-Educated
92%
High-School Grad
138.1 sq mi
ZIP Area
115
Density / Sq Mi
$49,301
Median Household Income
$31,403
Median Earnings
$808
Median Rent
$194,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four updated units offer a varied mix, refreshed interiors, and dedicated laundry hookups in an in-town Martin setting.
Where is this quadplex located?
The property is located at 116 Summer St Martin, TN.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Four‑unit quadplex totaling 2,710 square feet; Unit mix includes two 2 bed/1 bath units and two 1 bed/1 bath units; Renovated kitchens, bathrooms, flooring, lighting, trim, doors, and windows
