4-Unit Quadplex with Updated
For Sale
$285,000
503 Leonard St Unit 1-4, Greeneville, TN 37745
Fully occupied residential income property with flexible month-to-month leases and individually metered tenant electric service.
Property Size2,016 SF
Price / SF$141.37
Days on Market32
Property Features for 503 Leonard St Unit 1-4
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Multi-Family
Building Details
Year Built
1980
Listing Agency:
Arbella Properties JC/FB
(423) 446-8154
Listed By:
Tim Hensley · License #370561
Source:
Easttennesseelistings
Added: Aug 1
Changed: Aug 31
Last Checked: Aug 31 at 5:23PM
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 Arbella Properties JC/FB
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
Questions? Ask Rey
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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 Unit 1-4 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
