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About This Home

This 0-bedroom, 0-bathroom commercial at 116 Summer Street in Martin, TN is listed for $499,900 ($184 per sqft). Built in 1947, the home offers 2,710 sqft of living space on a N/A lot.

Agent Description

Quadplex investment opportunity in Martin, TN just minutes from UT Martin and conveniently located near shopping, dining, and everyday amenities. This fully renovated property features four units, including two spacious 2 bed 1 bath units and two 1 bed 1 bath units, offering a versatile unit mix that appeals to a wide tenant base.

Extensive renovations have been completed throughout all four units, making this a true turnkey opportunity. Exterior improvements include vinyl siding, replacement windows, updated lighting, fresh paint, and enhanced landscaping for strong curb appeal.

Interior updates feature new paint, updated trim and doors, modern light fixtures, new mini blinds, and a combination of refinished hardwood floors and durable vinyl plank flooring in kitchens, bathrooms, and hallways. Kitchens have been upgraded with new cabinetry, butcher block countertops in select units, and appliances including stoves and refrigerators.

Bathrooms have been refreshed with new vanities, fixtures, commodes, and tub surrounds. Major system updates include HVAC in all units, updated electrical with new panels and meters, and plumbing improvements including new water heaters and updated lines where needed.

The property also includes a finished shared laundry room with two washer hookups and two dryer hookups, adding convenience for tenants. Units 1 and 2 offer larger layouts with living rooms, dining areas, and additional space, while Units 3 and 4 provide efficient upper-level living with finished interiors.

One unit is currently tenant-occupied (24-hour notice required), providing immediate income potential. With strong rental demand driven by proximity to UT Martin, this property is well-positioned for consistent occupancy and long-term returns. Large units, quality renovations, and a prime in-town location make this a standout addition to any investor's portfolio.

Key Features

  • Built in 1947
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
4 spaces
1947

Amenities

A/C

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,166
Insurance$146

Estimates only. Actual payments may vary.

Location

116 Summer Street

Martin, TN 38237

Property Details

Flooring

Vinyl

Construction

Brick Vinyl Siding

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 116 Summer Street is listed at $499,900 ($184/sqft). The estimated monthly payment is $2,166 based on 20% down at 6.5% interest.

Key features include: Built in 1947, 2 stories, 4 parking spaces.

This property is listed by Dessie Hardee and can be reached at 7312176358 or dessiehardee@gmail.com.

DH

Dessie Hardee

Agent at RE/MAX Realty Source

(731) 217-6358

Listed by RE/MAX Realty Source · View on Broker Site

MLS# 2601776· Source: listhub· Updated 42 days ago

Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

116 Summer Street, Martin, TN 38237

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