INVESTOR OPPORTUNITY IN MARTIN, TN — BUILDABLE LOT WITH MULTIPLE POSSIBILITIES!
Looking for an affordable development opportunity in a rental-heavy market? This approximately 0.47-acre cleared lot at 123 Ivie Lane in Martin, Tennessee offers an excellent opportunity for investors, builders, and developers looking to capitalize on demand from both the local community and UT Martin students.
The property is buildable and currently zoned to accommodate either a duplex or a single-family home, giving an investor flexibility to pursue multiple strategies. Build a duplex designed for long-term rental income, construct a single-family residence for resale or rental, or explore the best use based on current market conditions.
Utilities—including water, sewer, electric, gas, and fiber internet—are reportedly available at the street, providing an attractive starting point for future development.
Located in Martin, the property benefits from proximity to UT Martin, downtown Martin, schools, shopping, restaurants, and everyday conveniences. The area's established rental demand serves both local residents and the university community, making this a particularly interesting opportunity for an investor seeking either long-term cash-flow potential or a build-to-sell strategy.
At $35,000, this is an opportunity to acquire a manageable piece of land with the potential to create value through new construction.
Build it. Rent it. Sell it. The choice is yours.
Text or call Jennifer Easterday today at 731-414-9446 for more information or call Town & Country Realtors at 731-668-7000 to speak to a buyer's agent.
Buyer to verify all information, including zoning, utilities, building requirements, permitted uses, dimensions, and suitability for intended development.
Pending
$35,000
123 Ivie Ln, Martin, TN 38237
--beds
0baths
0.47Acres
VacantLand
Built in ----
0.47 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 21 days
- 117
- 3
Zillow last checked:
Listing updated:
Listed by:
Jennifer Easterday,
Town and Country 731-668-7000
Source: CWTAR,MLS#: 2603746
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 0.47 Acres
- Dimensions: 110 x 205
Details
- Parcel number: 078G B 016.00
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Martin
Financial & listing details
- Tax assessed value: $34,000
- Annual tax amount: $279
- Date on market: 8/7/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,622/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Pending sale | $35,000 |
Source: | ||
| 8/7/2026 | Listed for sale | $35,000+40% |
Source: | ||
| 1/17/2025 | Sold | $25,000-28.4% |
Source: Public Record Report a problem | ||
| 5/21/2020 | Listing removed | $34,900 |
Source: Wendell Alexander Realty #121428 Report a problem | ||
| 12/23/2019 | Price change | $34,900-12.8% |
Source: WENDELL ALEXANDER REALTY #41431 Report a problem | ||
| 11/16/2019 | Listed for sale | $40,000+263.6% |
Source: Owner Report a problem | ||
| 4/17/2019 | Listed for rent | $600 |
Source: Owner Report a problem | ||
| 10/17/2018 | Sold | $11,000-26.7% |
Source: RRAR as distributed by MLS GRID #40395 Report a problem | ||
| 9/7/2018 | Listed for sale | $15,000+17.6% |
Source: MARTIN REALTY #40395 Report a problem | ||
| 10/12/2016 | Sold | $12,750-35.9% |
Source: Public Record Report a problem | ||
| 9/7/2016 | Price change | $19,900-20.4% |
Source: FULLER PARTNERS REAL ESTATE, INC. #37968 Report a problem | ||
| 3/14/2016 | Listed for sale | $25,000+47.1% |
Source: FULLER PARTNERS REAL ESTATE, INC. #37968 Report a problem | ||
| 3/7/2016 | Sold | $17,000-26.1% |
Source: Public Record Report a problem | ||
| 8/11/2008 | Sold | $23,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $280 +9.1% | $8,500 |
| 2024 | $257 | $8,500 |
| 2023 | $257 +24.6% | $8,500 +53.8% |
| 2022 | $206 | $5,525 |
| 2021 | $206 | $5,525 |
| 2020 | $206 +10.4% | $5,525 |
| 2019 | $187 | $5,525 |
| 2018 | $187 +15.2% | $5,525 +23.5% |
| 2017 | $162 -0.5% | $4,475 |
| 2016 | $163 | $4,475 -0.2% |
| 2015 | $163 | $4,482 |
| 2014 | $163 | $4,482 |
| 2013 | $163 -0.5% | $4,482 |
| 2012 | $164 +1.3% | $4,482 -1.8% |
| 2011 | $162 -0.1% | $4,565 -0.1% |
| 2010 | $162 | $4,569 |
| 2009 | $162 | $4,569 |
| 2008 | $162 -11.8% | $4,569 |
| 2007 | $183 -5.1% | $4,569 -9.8% |
| 2006 | $193 | $5,065 |
| 2005 | $193 | $5,065 |
| 2004 | $193 +3.8% | $5,065 |
| 2002 | $186 | $5,065 -0.5% |
| 2001 | -- | $5,090 -77.6% |
| 2000 | -- | $22,747 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 38237
Nearby schools
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.






