For sale

$375,000

414 W Bockman Way, Sparta, TN 38583

4beds

4baths

3,120sqft

$2,384/mo

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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!

202 days
156
8

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

Flooring: Carpet, Vinyl, Hardwood, Tile
Windows: Single Pane Windows, Double Pane Windows, Wood Frames
Basement: Partial
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,120
Total interior livable area: 3,120 sqft

Video & virtual tour

View 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
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

Price history

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

Public tax history

Year	Property taxes	Tax 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