Quadplex with Month-to-Month
New
For Sale
$295,000
503 Leonard Street, Greeneville, TN 37745
MULTI_FAMILY - Greeneville, TN
Property Size2,016 SF
Lot Size0.49 Acres
Price / SF$146.33
Days on Market2
Property Features for 503 Leonard Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Basement, Bathroom 3
Parking features
Driveway, Paved or Surfaced
Window features
Single Pane Window(s), Double Pane Windows
Patio and Porch features
Porch
Basement
Crawl Space
Elementary school
Highland
Middle school
Greeneville
High school
Greeneville
Directions
From Andrew Johnson Hwy (US-11E), turn onto N Main St (US-321), then left on Leonard St. Continue to 503 Leonard St, Greeneville, TN 37745.
Standard status
Active
APN
098d A 004.00
Size
2,016 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Annual Amount
569
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Wall Unit(s), Window Unit(s)
Water source
Public
Amenities
in-wall A/C
baseboard heat
individual water heater
washer hookups
Building Details
Year built
1980
Floors in Building
1
Number of units
4
Flooring type
Vinyl, Carpet, Hardwood, Laminate
Building materials
Wood Siding
Roof type
Shingle, Composition
Listing Agency:
Arbella Properties JC/FB
(423) 446-8154
Listed By:
Tim Hensley · License #370561
(423) 446-8154
Added: Aug 6
Last Checked: Aug 7 at 2:06PM
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.
Investment Insights
Based on property information with market context.
This 2,016-square-foot quadplex contains four one-bedroom, one-bath units, each approximately 500+/- SF. The units are fully occupied and leased month-to-month. Interior features include in-wall A/C, baseboard heat, individual water heaters, and a mix of vinyl, carpet, hardwood, and laminate flooring. Two units have washer hookups, and the property includes a porch and paved driveway parking.
The 0.49-acre property is served by public water and public sewer and is zoned R3. Tenants pay their own electric, while ownership provides water/sewer, lawn care, and city trash service. A new architectural roof and complete exterior repaint were completed last year. Built in 1980, the property has wood siding and shingle/composition roofing.
The 0.49-acre property is served by public water and public sewer and is zoned R3. Tenants pay their own electric, while ownership provides water/sewer, lawn care, and city trash service. A new architectural roof and complete exterior repaint were completed last year. Built in 1980, the property has wood siding and shingle/composition roofing.
Key Highlights
- Four 1‑bedroom, 1‑bath units, each approximately 500+/- SF
- Fully occupied with month‑to‑month leases
- 2,016 square feet on 0.49 acres
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
495
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 - Four occupied residential units with individual utilities, public services, and recently updated exterior components.
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 $295,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bath units, each approximately 500+/- SF; Fully occupied with month‑to‑month leases; 2,016 square feet on 0.49 acres
