Well-Maintained
503 Leonard Street, Greeneville, TN 37745
For Sale
$285,000
Pending
Multi Family, Greeneville, TN
Property Size2,016 SF
Lot Size0.49 Acres
Days on Market94
Property Features for 503 Leonard Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Window features
Patio and Porch features
Basement
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
in-wall A/C
baseboard heat
individual water heater
washer hookups
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Arbella Properties JC/FB
Listed By:
Tim Hensley · License #370561
(423) 446-8154
Added: Aug 6
Changed: Oct 25
Last Checked: Nov 7 at 8:06AM
MLS# 9999174
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,016-square-foot quadplex contains four one-bedroom, one-bath units of approximately 500+/- SF each. The units are fully occupied and leased month to month. Individual water heaters, in-wall or window A/C, baseboard heat, and a mix of carpet, hardwood, vinyl, and laminate flooring support straightforward unit operations. Two apartments also have washer hookups.
The property sits on 0.49 acres at 503 Leonard Street in Greeneville, Tennessee, with R3 zoning, paved or surfaced parking, a driveway, and a porch. Public water and public sewer serve the building. Recent improvements include a new architectural roof and complete exterior repaint, both completed last year. Tenants pay their own electric service, while the owner handles water and sewer, lawn care, and city-provided trash service.
The property sits on 0.49 acres at 503 Leonard Street in Greeneville, Tennessee, with R3 zoning, paved or surfaced parking, a driveway, and a porch. Public water and public sewer serve the building. Recent improvements include a new architectural roof and complete exterior repaint, both completed last year. Tenants pay their own electric service, while the owner handles water and sewer, lawn care, and city-provided trash service.
Key Highlights
- Four 1‑bedroom, 1‑bath units totaling 2,016 square feet
- Each unit is approximately 500+/- SF and fully occupied
- Month‑to‑month leases across all four units
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied one-bedroom units with individual utilities and public water and sewer service.
Where is this quadplex located?
The property is located at 503 Leonard Street 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 1‑bedroom, 1‑bath units totaling 2,016 square feet; Each unit is approximately 500+/- SF and fully occupied; Month‑to‑month leases across all four units
