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Sparta, TN Multifamily Properties for Sale

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Sparta TN Multifamily Investment Opportunity
Updated: May 18
Sparta TN Multifamily Investment Opportunity

414 W Bockman Way, Sparta, TN 38583

$375,000
3,120 sqft 0.11 AC lot
3,120 sq ft 4‑plex at 414 W Bockman Way with 2 units upstairs and 2 units downstairs
All units are currently leased on 1‑year terms
Each unit includes 1 bedroom, 1 bathroom, living room, kitchen with eat‑in dining area, and laundry hookups
Public utilities: public water and public sewer; paved or surfaced parking
Heating provided by baseboard units; electric water heater
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Sparta TN Multifamily Investment Opportunity
Updated: May 18
Sparta TN Multifamily Investment Opportunity

414 W Bockman Way, Sparta, TN 38583

$375,000
3,120 sqft
Immediate income potential with all 4 units currently leased.
Prime location on Sparta's main corridor with high traffic and excellent visibility.
Strong potential for increased income, offering value‑add opportunities.
Configured as a 4‑plex with desirable unit layouts.
Each unit includes 1 bedroom, 1 bath, living room, kitchen with eat‑in dining, and laundry hookups.
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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 2 Active listings in Sparta, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex Residential Income
Duplex Residential Income

204 Boatman Street, Cookeville, TN 38501

$164,000
615 sqft

Duplex unit with covered patio entry, open-concept living/kitchen, and recently updated roof, HVAC, plumbing, and electrical.

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Duplex with Covered Patio
Duplex with Covered Patio

154 Boatman Street, Cookeville, TN 38501

$199,429
775 sqft

Duplex home featuring a covered patio, open living area with kitchen island, and updated interior finishes.

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Updated Duplex in Crossville, TN
Updated Duplex in Crossville, TN

3246 Pow Camp Rd, Crossville, TN 38572

$280,000
1,500 sqft

Well-maintained duplex with updated units, perfect for investment.

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Crossville Triplex Investment Opportunity
Crossville Triplex Investment Opportunity

669 Myrtle Ave, Crossville, TN 38555

$369,900
2,032 sqft

Triplex in Crossville with long-term tenants and updated features.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Unrestricted Lake Lot in Smithville
Unrestricted Lake Lot in Smithville

182 Mayberry Drive, Smithville, TN 37166

$39,900
0.14 AC lot

Unrestricted lake lot with utilities started near community boat dock.

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Unrestricted Land in Sparta, TN
Unrestricted Land in Sparta, TN

8849 Eastland Road, Sparta, TN 38583

$125,998
3.17 AC lot

3.17-acre unrestricted property ready for your dream home!

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Land with Utilities Near Lake
Land with Utilities Near Lake

Holmes Creek Rd lot: 1, Smithville, TN 37166

Contact for pricing
0.43 AC lot

Land with utilities ready for camper or mobile home near lake.

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Pikeville Land with Pond
Pikeville Land with Pond

8.05 Joe Grove Road, Pikeville, TN 37367

$306,000
15.30 AC lot

15.3 acre flag lot near Fall Creek Falls State Park.

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Off-Market Properties in Sparta, TN

Consider similar Off-Market properties in Sparta, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Poteet Ln
MOBILE HOME PARK, TRAILER PARK

Poteet Ln, Sparta, TN 38583

Value Estimation by Request
1.41 AC lot
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Womack St
MOBILE HOME PARK, TRAILER PARK

Womack St, Sparta, TN 38583

Value Estimation by Request
672 sqft 1.00 AC lot
View details
362 Saddlebrook Dr
Multifamily properties

362 Saddlebrook Dr, Sparta, TN 38583

Value Estimation by Request
1,920 sqft 122.00 AC lot
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116 Poteet Ln, Unit 113
MOBILE HOME PARK, TRAILER PARK

116 Poteet Ln, Sparta, TN 38583-1796

Unit 113
Value Estimation by Request
672 sqft
View details
Old Smithville N Hwy
MOBILE HOME PARK, TRAILER PARK

Old Smithville N Hwy, Sparta, TN 38583

Value Estimation by Request
1.00 AC lot
View details
387 Disneyland Rd
MOBILE HOME PARK, TRAILER PARK

387 Disneyland Rd, Sparta, TN 38583-4821

Value Estimation by Request
672 sqft
View details
225 Treetop Vw Ln
MOBILE HOME PARK, TRAILER PARK

225 Treetop Vw Ln, Sparta, TN 38583-0605

Value Estimation by Request
3.00 AC lot
View details

Sparta, TN Multifamily Properties Market Trends and Statistics

Explore 9 multifamily properties for sale in Sparta, TN on our real estate platform. These investment opportunities span a total of 6,240 square feet of properties for sale, with an estimated market value of $750,000.

Sale prices for multifamily properties in Sparta, TN start at $375,000, averaging $375,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 2

Demographics Overview

Population 26K
Population Growth (5Y) +6.9%
Median Household Income $58,285
College Educated 19.5%

High-Yield Neighborhoods for Investment

Identify Sparta submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38583 $363K

Taxes & Financing

Tax Rate (average for all types) 2.76%
Property Tax per SF $57.72 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in White County

New Delisted

Total CRE Inventory on Market (SF)

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