Skip main navigation
For sale
  • Price cut: $44.4K (6/6)
    $585,500

    109 K St, Martin, TN 38237

    --beds
    0baths
    4,702sqft
    : 
    Apartment
    Built in 1900
    -- sqft lot
    $550,900 Zestimate®
    $125/sqft
    $-- HOA

    What's special

    Updated flooringStylish fixturesNew plumbingLarge lotOpen parkingIn-unit laundry
    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!
    42 days
    on Zillow
    |
    156
    |
    7
    |

    Zillow last checked: 8 hours ago

    Listing updated: June 06, 2025 at 09:49am

    Listed by:

    Dylan Jones,

    Southern LifeStyle Properties 731-613-2354

    Source: CWTAR,MLS#: 2501987MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 109 K St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central, Forced Air, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Electric Oven, Electric Water Heater, Range, Range Hood, Refrigerator
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Carpet, Luxury Vinyl, Vinyl
    Interior area
    • Total interior livable area: 4,702 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 10
    • Parking features: Concrete, Open
    • Uncovered spaces: 10
    Features
    • Levels: One
    • Patio & porch: Covered, Front Porch
    Lot
    • Size: 0.41 Acres
    • Dimensions: 150 x 120M
    Details
    • Parcel number: 072I H 002.00
    • Zoning description: R-2 with Exemption
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Fire Alarm
    Location
    • Region: Martin

    Financial & listing details

    • Price per square foot: $125/sqft
    • Annual tax amount: $2,247
    • Date on market: 5/4/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 7030
    • Road surface type: Asphalt
    • Loading
    • Loading