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For sale
  • Price cut: $24.9K (5/18)
    $375,000

    414 W Bockman Way, Sparta, TN 38583

    4beds
    4baths
    3,120sqft
    : 
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    Quadruplex
    Built in 1947
    -- sqft lot
    $-- Zestimate®
    $120/sqft
    $-- HOA

    What's special

    Investment opportunity in the heart of Sparta! Located at 414 W Bockman Way, this 3,120 sq ft property is currently configured as a 4-plex, with 2 units upstairs and 2 downstairs, offering immediate income potential with all units currently leased on 1-year terms. Each unit features 1 bedroom, 1 bath, a living room, kitchen with eat-in dining area, and laundry hookups. Positioned along one of Sparta's main corridors, this property benefits from strong daily traffic counts and excellent visibility, making it ideal for both continued multifamily use or future commercial potential. The property also offers strong potential for increased income, making it an attractive opportunity for investors looking to add value over time. Opportunities like this in such a central location are hard to find!
    110 days
    |
    170
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jerica Halliburton,

    True North Real Estate Services, LLC 931-837-7355

    Source: UCMLS,MLS#: 242948MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Baseboard
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Dishwasher, Refrigerator, Electric Range, Electric Water Heater
      • Laundry: In Unit, Unit 1 Wshr/Dryr Hookup, Unit 2 Wshr/Dryr Hookup, Unit 3 Wshr/Dryr Hookup, Unit 4 Wshr/Dryr Hookup
      Features
      • Windows: Single Pane Windows, Double Pane Windows, Wood Frames
      • Has basement: No
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 3,120
      • Total interior livable area: 3,120 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Unpaved
      Lot
      • Size: 5,000 Square Feet
      • Dimensions: 50 x 100
      Details
      • Parcel number: 065.00

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Brick, Frame, Block
      • Foundation: Slab
      • Roof: Flat,Rubber
      Condition
      • Year built: 1947

      Utilities & green energy

      • Electric: Separate Meter
      • Sewer: Public Sewer
      • Water: Public, Separate Meter

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Sparta

      Financial & listing details

      • Price per square foot: $120/sqft
      • Tax assessed value: $166,400
      • Annual tax amount: $1,332
      • Date on market: 3/20/2026
      • Lease term: Unit 1 Lease Term(One Y),Unit 2 Lease Term(One Y),Unit 3 Lease Term(One Y),Unit 4 Lease Term(One Y)

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/18/2026Price change$375,000-6.2%$120/sqft
        Source: UCMLS #242948 Report a problem
        3/20/2026Listed for sale$399,900+661.7%$128/sqft
        Source: UCMLS #242948 Report a problem
        3/24/2020Listing removed$375
        Source: Stevens Realty #196586 Report a problem
        3/11/2020Listed for rent$375+7.1%
        Source: Stevens Realty #196586 Report a problem
        10/16/2017Listing removed$350
        Source: Zillow Rental Network Report a problem
        8/3/2017Price change$350+7.7%
        Source: Zillow Rental Network Report a problem
        7/25/2017Listed for rent$325
        Source: Zillow Rental Network Report a problem
        6/20/2016Listing removed$325+8.3%
        Source: Stevens Realty LLC Report a problem
        9/4/2015Listing removed$300
        Source: Stevens Realty LLC Report a problem
        7/19/2015Listed for rent$300
        Source: Stevens Realty LLC Report a problem
        9/25/2013Listing removed$300
        Source: Stevens Realty Report a problem
        7/21/2013Listed for rent$300
        Source: Stevens Realty Report a problem
        2/19/1996Sold$52,500+4%$17/sqft
        Source: Public Record Report a problem
        3/16/1995Sold$50,500$16/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,333 +8.2%$66,560 +60.5%
        2024$1,231 $41,480
        2023$1,231 $41,480
        2022$1,231 $41,480
        2021$1,231 $41,480
        2020$1,231 +2.5%$41,480 +7%
        2019$1,202 $38,760
        2018$1,202 0%$38,760
        2017$1,202 $38,760
        2016$1,202 +6.9%$38,760
        2015$1,124 $38,760
        2014-- $38,760 +17.5%
        2013-- $33,000
        2011-- $33,000
        2010-- $33,000
        2009-- $33,000 +16.2%
        2008$878 $28,400
        2007$878 -5.4%$28,400 +7.4%
        2006$928 $26,440
        2005$928 +2%$26,440
        2004$910 +5%$26,440 +6.8%
        2003$867 $24,760 -0.1%
        2001-- $24,774 -56.1%
        2000-- $56,404

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 38583

        Getting around

        52 / 100
        Somewhat Walkable
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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