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Sold

109 K Street

109 K Street, Martin, TN 38237

$445,000
Welcome to 109 K St., Martin, TN - a unique 6-unit apartment complex just minutes from the University of Tennessee at Martin. Once a local church, this property has been thoughtfully transformed into a thriving multifamily residence with strong rental history and modern updates throughout.

Each of the six units features 2 bedrooms, 1 bathroom, and convenient in-unit laundry, offering comfort and functionality for tenants. Major renovations include new plumbing, updated flooring, stylish fixtures, and numerous additional improvements that have revitalized the property from top to bottom.

All units are currently leased, generating a total monthly income of $7,030. With utilities included in the rent and paid by the seller, this turn-key investment is not only fully occupied but also highly desirable among renters. The property also offers open parking and a large lot, providing ample space for residents.

Whether you're looking to grow your investment portfolio or step into multifamily real estate ownership, 109 K St. is a rare opportunity in a high-demand rental market near a major university.

Don't miss your chance to own this one-of-a-kind income-producing property--schedule your showing today!
Dylan Jones

Dylan Jones

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Electric Dryer Hookup, Washer Hookup
  • Flooring Carpet, Luxury Vinyl, Vinyl
  • APPLIANCES Electric Oven, Electric Water Heater, Range, Range Hood, Refrigerator

Area & Lot

  • Status Sold
  • MLS® ID2501987
  • TypeCondo
  • YEAR BUILT1900

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesSewer Connected, Water Connected
  • roofShingle
  • parkingConcrete, Open
  • HEAT TYPECentral, Forced Air, Natural Gas
  • AIR CONDITIONINGCeiling Fan(s), Central Air, Electric
  • sewerPublic Sewer
  • SubstructureSlab
  • security FeaturesFire Alarm

Financial

  • Sales Price$445,000
  • Real Estate Tax $2,247/yr

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A dedicated Jackson real estate professional providing a seamless, personalized experience while ensuring your next move is the right one for you.

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Contact Details

Dylan Jones

Phone

(731) 935-9842

Email

[email protected]

Address

221 FOX RIDGE RD JACKSON TN 38305

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