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!
For sale
Price cut: $44.4K (6/6)
$585,500
109 K St, Martin, TN 38237
--beds
0baths
4,702sqft
Est.:
Apartment
Built in 1900
-- sqft lot
$550,900 Zestimate®
$125/sqft
$-- HOA
What's special
Updated flooringStylish fixturesNew plumbingLarge lotOpen parkingIn-unit laundry
- 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#: 2501987

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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
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