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    Renovated Four-Unit Apartment Building
    Updated: Apr 23
    Renovated Four-Unit Apartment Building

    602 Elm Avenue, South Pittsburg, TN 37380

    $682,000
    4,553 sqft 0.48 AC lot
    4‑unit apartment building with 4,553 square feet on 0.48 acres
    Former church converted to apartments four years ago
    Unit mix: 1 three‑bedroom/2‑bath, 1 two‑bedroom/2‑bath, and 2 two‑bedroom/1‑bath units
    Currently fully leased
    In‑unit washers and dryers plus stainless steel appliances in every unit
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    This listing looks promising.

    Here's a quick look at some key insights for

    602 Elm Avenue, South Pittsburg, TN 37380

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $639K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1975
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    Brick Quadplex with Separate Utilities
    Updated: Apr 24
    Brick Quadplex with Separate Utilities

    411 Elm Ave, Jasper, TN 37347

    Contact for pricing
    Fully occupied four‑unit quadplex with immediate rental income
    All‑brick construction designed for long‑term performance
    New roof installed approximately 3 years ago
    Mechanical upgrades include 1 new HVAC system and major repairs on the remaining 3 units within the past 2 years
    Each unit is separately metered with individual utility accounts; tenants pay all utilities
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    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Marion County, TN, we suggest exploring several alternatives:

    Marion County, TN Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Marion County, TN on our real estate platform. These investment opportunities span a total of 4,553 square feet of properties for sale, with an estimated market value of $682,000.

    Sale prices for four-unit buildings in Marion County, TN average $682,000 — 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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    Featured Marion County Real Estate Agencies

    Realmo connects you with licensed Marion County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Cumberland Realty
    13 Courthouse Square Jasper, TN 37347
    Phone: 14232404974
    www.century21cumberland.com

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