# 116 Summer Street, Martin, TN 38237

> **TL;DR:** commercial, $425,000 ($157/sqft), built 1947, 2,710 sqft.
> A/C. Est. $2,273/mo. Listed 166 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $425,000 |
| Price/sqft | $157 |
| Square Feet | 2,710 |
| Year Built | 1947 |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 166 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,149 |
| Estimated Insurance | $124 |
| **Total** | **$2,273** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1947
- 2 stories
- 4 parking spaces

## Description

### 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-bedroom, 1-bath units and two 1-bedroom, 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 the kitchens, bathrooms, and hallways. Kitchens have been upgraded with new cabinetry, butcher block countertops in select units, and new stainless steel 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 new washers and two new dryers, 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. All four units are currently tenant-occupied, providing immediate rental income. Income-generating property with an 8 percent cap rate. A minimum of 24 hours' notice is required for all showings. With strong rental demand driven by its 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.

## Location

- **Address:** 116 Summer Street, Martin, TN 38237
- **County:** Weakley
- **Coordinates:** 36.340839, -88.851541
- **Google Maps:** https://www.google.com/maps?q=36.340839,-88.851541

## Listing Agent

- **Name:** Dessie Hardee · **License:** 328271
- **Brokerage:** ReMax Realty Source
- **Phone:** 7312176358
- **Broker Phone:** (731) 668-7500

## Photos

![116 Summer Street - Photo 1](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f3728091826r.jpg)

![116 Summer Street - Photo 2](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1905843537r.jpg)

![116 Summer Street - Photo 3](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1535550599r.jpg)

![116 Summer Street - Photo 4](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f3122191316r.jpg)

![116 Summer Street - Photo 5](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1677471276r.jpg)

![116 Summer Street - Photo 6](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1264179017r.jpg)

![116 Summer Street - Photo 7](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2406469707r.jpg)

![116 Summer Street - Photo 8](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f526133863r.jpg)

![116 Summer Street - Photo 9](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f723009742r.jpg)

![116 Summer Street - Photo 10](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f605528020r.jpg)

![116 Summer Street - Photo 11](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1899219389r.jpg)

![116 Summer Street - Photo 12](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2904634558r.jpg)

![116 Summer Street - Photo 13](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f724588172r.jpg)

![116 Summer Street - Photo 14](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2943218414r.jpg)

![116 Summer Street - Photo 15](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1537853635r.jpg)

![116 Summer Street - Photo 16](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f3240460792r.jpg)

![116 Summer Street - Photo 17](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2612739994r.jpg)

![116 Summer Street - Photo 18](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f4025799963r.jpg)

![116 Summer Street - Photo 19](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2586859788r.jpg)

![116 Summer Street - Photo 20](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f56068412r.jpg)

![116 Summer Street - Photo 21](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1528556720r.jpg)

![116 Summer Street - Photo 22](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2976258298r.jpg)

![116 Summer Street - Photo 23](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2195284645r.jpg)

![116 Summer Street - Photo 24](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f4143664518r.jpg)

![116 Summer Street - Photo 25](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1760650996r.jpg)

![116 Summer Street - Photo 26](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f107045279r.jpg)

![116 Summer Street - Photo 27](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f3434125706r.jpg)

![116 Summer Street - Photo 28](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2010078033r.jpg)

![116 Summer Street - Photo 29](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2470731269r.jpg)

![116 Summer Street - Photo 30](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f742303305r.jpg)

![116 Summer Street - Photo 31](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2702743716r.jpg)

![116 Summer Street - Photo 32](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f996939404r.jpg)

![116 Summer Street - Photo 33](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2795588980r.jpg)

![116 Summer Street - Photo 34](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1972510647r.jpg)

![116 Summer Street - Photo 35](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f912120564r.jpg)

![116 Summer Street - Photo 36](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f897256927r.jpg)

![116 Summer Street - Photo 37](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2596437110r.jpg)

![116 Summer Street - Photo 38](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1288570372r.jpg)

![116 Summer Street - Photo 39](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f1480080766r.jpg)

![116 Summer Street - Photo 40](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2948801947r.jpg)

![116 Summer Street - Photo 41](http://lh.rdcpix.com/15f10dcbdc3ad1cf13706d5efcfedb30l-f2249310244r.jpg)

---

**MLS#:** 2601776 | **Updated:** 2026-10-02
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/116-summer-street-martin-tn-38237-2601776)

---

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    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
    "seller": {
      "@id": "https://www.propertysimple.ai/listing/116-summer-street-martin-tn-38237-2601776#agent"
    }
  },
  "provider": {
    "@type": "Person",
    "@id": "https://www.propertysimple.ai/listing/116-summer-street-martin-tn-38237-2601776#agent",
    "name": "Dessie Hardee",
    "telephone": "7312176358",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/116-summer-street-martin-tn-38237-2601776#brokerage",
      "name": "ReMax Realty Source",
      "telephone": "(731) 668-7500"
    }
  }
}
```