Four-Unit Quadplex with
For Sale
$295,000
503 Leonard St, Greeneville, TN 37745
Fully occupied residential income property with month-to-month leases and individually metered tenant electricity.
Property Size2,016 SF
Price / SF$146.33
Days on Market24
Property Features for 503 Leonard St
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Multi-Family
Building Details
Year Built
1980
Listing Agency:
The Realty Shop
(423) 429-5214
Listed By:
The Freck Group, Shad Freck, Stephanie M
(423) 429-5214
Source:
Livinginjohnsoncity
Added: Aug 8
Changed: Aug 30
Last Checked: Aug 31 at 2:42PM
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 The Realty Shop
Investment Insights
Based on property information with market context.
This 1980-built quadplex contains four one-bedroom, one-bath apartments totaling 2,016 SF, with each unit measuring approximately 500 SF. The apartments are described as being in good condition and include in-wall A/C, baseboard heat, and individual water heaters. Two units have washer hookups.
The property has a new architectural roof and a complete exterior repaint, both completed last year. All four units are occupied, and leases are structured on a month-to-month basis. Tenants pay their own electric service, while ownership covers water and sewer, lawn care, and city-provided trash service. The property is located at 503 Leonard St in Greeneville, Tennessee.
The property has a new architectural roof and a complete exterior repaint, both completed last year. All four units are occupied, and leases are structured on a month-to-month basis. Tenants pay their own electric service, while ownership covers water and sewer, lawn care, and city-provided trash service. The property is located at 503 Leonard St in Greeneville, Tennessee.
Key Highlights
- Four 1‑bedroom, 1‑bath units totaling 2,016 SF
- Each apartment is approximately 500 SF
- All four units are 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
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 - Fully occupied residential income property with month-to-month leases and individually metered tenant electricity.
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 $295,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bath units totaling 2,016 SF; Each apartment is approximately 500 SF; All four units are occupied with month‑to‑month leases
