Income-Producing Duplex on
For Sale
$194,900
125-127 Ivie Circle, Martin, TN 38237
MULTI_FAMILY - Martin, TN
Property Size1,964 SF
Lot Size0.38 Acres
Price / SF$99.24
Days on Market93
Property Features for 125-127 Ivie Circle
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Lot features
Level Lot, Cul-De-Sac, In City Limits
Directions
Skyhawk Parkway (US45E Bypass) turn right on Baker Road (TN-216) continue on Mt Pelia (TN216) turn right onto Ivie Circle.
Subdivision
009 MARTIN
Standard status
Active
Size
1,964 SF
Lot size
0.38 Acres
Utilities
Heating system
Heat Pump (Heating), Central
Cooling system
Heat Pump
Building Details
Year built
1991
Floors in Building
1
Flooring type
Carpet, Vinyl
Roof type
Shingle
Listing Agency:
TENNESSEE UNITED REAL ESTATE, LLC
(731) 588-4100
Listed By:
DAVID SUDBERRY · License #340772
(731) 819-0857
Added: May 12
Changed: Aug 4
Last Checked: Aug 12 at 1:06AM
MLS# 46369
Copyright © 2026 Reelfoot Regional 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 property is an income-producing duplex consisting of 125–127 Ivie Circle. It sits on a 0.38-acre lot and includes a new roof installed in 2023, supporting continued exterior reliability.
The duplex is located on a cul-de-sac, which is described as a low-traffic location, offering a quieter residential setting. The seller notes the buyer is responsible for verifying square footage and acreage, and the listing agency disclaims responsibility for inaccuracies.
For buyers seeking a duplex as a residential income property, this offering provides a two-unit configuration with a recently updated roof. The cul-de-sac location may appeal to tenants who prefer reduced traffic around the home. Prospective buyers should confirm all size and site details during due diligence before moving forward with underwriting or financing.
The duplex is located on a cul-de-sac, which is described as a low-traffic location, offering a quieter residential setting. The seller notes the buyer is responsible for verifying square footage and acreage, and the listing agency disclaims responsibility for inaccuracies.
For buyers seeking a duplex as a residential income property, this offering provides a two-unit configuration with a recently updated roof. The cul-de-sac location may appeal to tenants who prefer reduced traffic around the home. Prospective buyers should confirm all size and site details during due diligence before moving forward with underwriting or financing.
Key Highlights
- Income‑producing duplex built in 1991
- New shingle roof installed in 2023
- Heat pump heating and central cooling
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
16
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex for sale with a 2023 roof and a cul-de-sac setting that limits through traffic.
Where is this duplex located?
The property is located at 125-127 Ivie Circle Martin, TN.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: Income‑producing duplex built in 1991; New shingle roof installed in 2023; Heat pump heating and central cooling
