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Sold for $445,000
  • $445,000

    109 K St, Martin, TN 38237

    --beds
    0baths
    4,702sqft
    Apartment
    Built in 1900
    -- sqft lot
    $452,700 Zestimate®
    $95/sqft
    $913 Estimated rent

    Home value

    $452,700

    Estimated sales range

    Not available

    $913/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dylan Jones,

    Southern LifeStyle Properties

    Bought with:

    Jennifer Keats, 348298

    RE/MAX Realty Source

    Source: CWTAR,MLS#: 2501987MLS Logo

    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

    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 & neighborhood

    Security
    • Security features: Fire Alarm
    Location
    • Region: Martin

    HOA & financial

    Other financial information
    • Total actual rent: 7030

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/24/2025Sold$445,000-9.2%$95/sqft
    Source: CWTAR #2501987 Report a problem
    8/21/2025Pending sale$490,000$104/sqft
    Source: CWTAR #2501987 Report a problem
    8/16/2025Price change$490,000-6.7%$104/sqft
    Source: CWTAR #2501987 Report a problem
    8/9/2025Price change$525,000-1.9%$112/sqft
    Source: CWTAR #2501987 Report a problem
    7/25/2025Price change$535,000-2.7%$114/sqft
    Source: CWTAR #2501987 Report a problem
    7/7/2025Price change$550,000-6.1%$117/sqft
    Source: CWTAR #2501987 Report a problem
    6/6/2025Price change$585,500-7%$125/sqft
    Source: CWTAR #2501987 Report a problem
    5/4/2025Listed for sale$629,900+173.9%$134/sqft
    Source: CWTAR #2501987 Report a problem
    2/16/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/26/2024Listed for rent$1,050
    Source: Zillow Rentals Report a problem
    1/19/2024Sold$230,000+170.6%$49/sqft
    Source: CWTAR #234580 Report a problem
    11/19/2020Sold$85,000$18/sqft
    Source: RRAR as distributed by MLS GRID #38414 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 38237

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Weakley County

    Source: CWTAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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