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For sale
  • Price cut: $50K (4/9)
    $4,850,000

    506 Ellis St E, Jefferson City, TN 37760

    --beds
    0baths
    40,852sqft
    : 
    Multi Family
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $119/sqft
    $-- HOA

    What's special

    Townhouse style unitsBark parkPicnic area
    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.
    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#: 1288106MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 506 Ellis St E.

    Next available tour time:Tomorrow at 11am

    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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