Presenting Maplecrest Square Apartments. These 34 units are 100% occupied and centrally located in Jefferson City, Tennessee. Sixteen units are 2 bed / 1.5 bath and eighteen are 2 bed / 2.5 bath townhouse style units. The property has historically been fully occupied and there is ability to further increase rents. Significant capital expenditures totaling $492,000 have been made with 23 of the 34 units being recently renovated. All roofs were replaced in 2018 and 2021. The townhomes are individually metered for electric and water / sewer with tenants paying all utilities. The flat style units are individually metered for electric with water / sewer on one meter. The water / sewer bills for the flat style units are billed back to the tenants. There are washer / dryer hookups in each unit. Additionally, there is a bark park and picnic area on site.
For sale
Price cut: $50K (4/9)
$4,850,000
506 Ellis St E, Jefferson City, TN 37760
--beds
0baths
40,852sqft
Est.:
Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$119/sqft
$-- HOA
What's special
Townhouse style unitsBark parkPicnic area
- 88 days
- on Zillow |
- 249 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: April 09, 2025 at 10:26am
Listed by:
Cohl Morgan 865-603-9887,
SVN I Wood Properties 865-637-7777
Source: East Tennessee Realtors,MLS#: 1288106

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Laminate, Carpet, Vinyl
Interior area
- Total structure area: 40,852
- Total interior livable area: 40,852 sqft
Property
Parking
- Parking features: On Premise Parking
Details
- Parcel number: 024H A 010.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Brick
Condition
- Year built: 1981
Community & HOA
Location
- Region: Jefferson City
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $1,269,000
- Annual tax amount: $17,766
- Date on market: 3/20/2025
- Listing terms: New Loan,Cash,Conventional
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