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    Sparta, TN Multifamily Properties for Sale

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    Spencer, TN Pleasant Hill, TN Monterey, TN
    Sparta TN Multifamily Investment Opportunity
    $375,000
    3,120 SF
    Sparta TN Multifamily Investment Opportunity

    414 W Bockman Way, Sparta, TN 38583

    Four-unit property in central Sparta with income potential.
    • Immediate income potential with all 4 units currently leased on 1‑year terms.
    • Located in the heart of Sparta on a main corridor with high traffic and excellent visibility.
    • 3,120 sq ft 4‑plex configured with 2 units upstairs and 2 downstairs.
    • Each unit includes 1 bedroom, 1 bath, living room, kitchen with eat‑in dining area, and laundry hookups.
    • Strong potential for increased income, offering value‑add opportunities for investors.
    Updated: May 18
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    Versatile Triplex in Sparta, TN
    $349,929
    3,282 SF
    Versatile Triplex in Sparta, TN

    7 Marshall Street, Sparta, TN 38583

    Three rentable units near Sparta's historic square, ideal for investment.
    • Three rentable units (two attached, one detached) offer versatile income potential: Airbnb, long‑term tenants, or multi‑family use.
    • Prime location: less than a minute from Sparta's historic square, 15 minutes to Virgin Falls State Park, and 25 minutes to Cookeville.
    • Six bedrooms and three bathrooms across the units provide broad appeal to renters or multiple families.
    • Strong income potential in a growing market, presenting a rare cash‑flowing asset opportunity.
    • Original hardwood floors add classic charm.
    Updated: Apr 30
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    Sparta TN Multifamily Investment Opportunity
    $375,000
    3,120 SF
    Sparta TN Multifamily Investment Opportunity

    3,120 sq ft 4-plex in central Sparta, TN.

    414 W Bockman Way, Sparta, TN 38583

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    Downtown Square Retail Storefront
    $319,000
    Downtown Square Retail Storefront

    Retail and office use opportunity directly on Sparta’s town square.

    25 E Bockman Way, Sparta, TN 38583

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    Downtown Sparta Commercial Property
    $339,000
    940 SF
    Downtown Sparta Commercial Property

    Prime commercial location in downtown Sparta with endless potential.

    25 West Bockman Way, Sparta, TN 38583

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 5 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.

    Cookeville Duplex with Modern Amenities
    $224,929
    988 SF
    Cookeville Duplex with Modern Amenities

    New duplex in Cookeville with quality features and convenient location.

    227 Boatman Street, Cookeville, TN 38501

    View details
    Updated Duplex in Crossville, TN
    $280,000
    1,500 SF
    Updated Duplex in Crossville, TN

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

    3246 Pow Camp Rd, Crossville, TN 38572

    View details
    Cookeville Duplex with Modern Amenities
    $399,929
    1,550 SF
    Cookeville Duplex with Modern Amenities

    Affordable duplex in Cookeville with modern features and rental potential.

    106&108 Boatman Street, Cookeville, TN 38501

    View details
    Crossville Triplex Investment Opportunity
    $369,900
    2,032 SF
    Crossville Triplex Investment Opportunity

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

    669 Myrtle Ave, Crossville, TN 38555

    View details

    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
    $39,900
    0.14 Acres
    Unrestricted Lake Lot in Smithville

    Unrestricted lake lot with utilities started near community boat dock.

    182 Mayberry Drive, Smithville, TN 37166

    View details
    Unrestricted Land in Sparta, TN
    $125,998
    3.17 Acres
    Unrestricted Land in Sparta, TN

    3.17-acre unrestricted property ready for your dream home!

    8849 Eastland Road, Sparta, TN 38583

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    Land with Utilities Near Lake
    Contact for pricing
    0.43 Acres
    Land with Utilities Near Lake

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

    Holmes Creek Rd lot: 1, Smithville, TN 37166

    View details
    Residential Lot Ready For Home
    $70,000
    0.45 Acres
    Residential Lot Ready For Home

    Residential lot with utilities in place, near Crossville.

    13850 Lantana Rd, Crossville, TN 38572

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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
    Lot: 1.41 Acres
    Value Estimation by Request

    Poteet Ln, Sparta, TN 38583

    View details
    Womack St
    MOBILE HOME PARK, TRAILER PARK
    672 SF Lot: 1.00 Acre
    Value Estimation by Request

    Womack St, Sparta, TN 38583

    View details
    362 Saddlebrook Dr
    Multifamily properties
    1,920 SF Lot: 122.00 Acres
    Value Estimation by Request

    362 Saddlebrook Dr, Sparta, TN 38583

    View details
    116 Poteet Ln, Unit 113
    MOBILE HOME PARK, TRAILER PARK
    672 SF
    Value Estimation by Request
    Unit 113

    116 Poteet Ln, Sparta, TN 38583-1796

    View details
    Old Smithville N Hwy
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.00 Acre
    Value Estimation by Request

    Old Smithville N Hwy, Sparta, TN 38583

    View details
    387 Disneyland Rd
    MOBILE HOME PARK, TRAILER PARK
    672 SF
    Value Estimation by Request

    387 Disneyland Rd, Sparta, TN 38583-4821

    View details
    225 Treetop Vw Ln
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.00 Acres
    Value Estimation by Request

    225 Treetop Vw Ln, Sparta, TN 38583-0605

    View details

    Sparta, TN Multifamily Properties Investment Opportunities Market Analysis

    Explore 12 multifamily properties for sale in Sparta, TN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 10,462 square feet of properties for sale, with an estimated market value of $1,438,929.

    Sale prices for multifamily properties in Sparta, TN start at $339,000, averaging $359,732, 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

    Short term rental properties 3
    Quadplexes 2
    Triplexes 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    38583 $355.6K

    Taxes & Financing

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

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