4-Unit Quadplex with Updated
For Sale
$285,000
Pending
503 Leonard St, Greeneville, TN 37745
Fully occupied residential income property with flexible month-to-month leases and individually metered tenant electric service.
Property Size2,016 SF
Days on Market21
Property Features for 503 Leonard St
General Information
Standard status
Pending
Size
2,016 SF
Property subtype
Multi-Family
Building Details
Year Built
1980
Listing Agency:
Hometown Realty Of Greeneville
Listed By:
The Freck Group, Shad Freck, Stephanie M
(423) 429-5214
Source:
Livinginjohnsoncity
Added: Aug 19
Changed: Sep 8
Last Checked: Sep 8 at 5:55AM
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 Hometown Realty Of Greeneville
Investment Insights
Based on property information with market context.
This 2,016-square-foot quadplex contains four one-bedroom, one-bath apartments, each approximately 500± SF. The units were built in 1980 and are reported to be in good condition. Recent improvements include an architectural roof and a complete exterior repaint, both completed last year.
All four apartments are occupied, with leases structured on a month-to-month basis. Each unit has in-wall A/C, baseboard heat, and a separate water heater. Two apartments include washer hookups. Tenants pay their own electric, while ownership handles water and sewer, lawn care, and city-provided trash service. The property is located at 503 Leonard St Unit 1-4 in Greeneville, Tennessee.
All four apartments are occupied, with leases structured on a month-to-month basis. Each unit has in-wall A/C, baseboard heat, and a separate water heater. Two apartments include washer hookups. Tenants pay their own electric, while ownership handles water and sewer, lawn care, and city-provided trash service. The property is located at 503 Leonard St Unit 1-4 in Greeneville, Tennessee.
Key Highlights
- Four one‑bedroom, one‑bath units totaling 2,016 SF
- Each apartment is approximately 500± SF
- All units are fully occupied with month‑to‑month leases
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
537
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied residential income property with flexible month-to-month leases and individually metered tenant electric service.
Where is this quadplex located?
The property is located at 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 totaling 2,016 SF; Each apartment is approximately 500± SF; All units are fully occupied with month‑to‑month leases
