# 503 Leonard Street #1-4, Greeneville, TN 37745

> **TL;DR:** 4bd/4ba residential multi family, $285,000 ($141/sqft), built 1980, 2,016 sqft.
> Hardwood, A/C. Est. $1,524/mo. Listed 85 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $285,000 |
| Price/sqft | $141 |
| Bedrooms | 4 |
| Bathrooms | 4 full |
| Square Feet | 2,016 |
| Year Built | 1980 |
| Lot Size | 21,344 sqft (0.49 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | Pending |
| Days on Market | 85 |

## Why This Home Stands Out

- **Hardwood Floors** - Hardwood flooring listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,441 |
| Estimated Insurance | $83 |
| **Total** | **$1,524** |

## Nearby Schools

- **Elementary:** Highland
- **Middle:** Greeneville
- **High:** Greeneville

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1980
- 0.49 acre lot

## Description

### Agent Description
Excellent investment opportunity featuring four well-maintained 1-bedroom, 1-bath units, each approximately 500+/- SF. All units are in good condition and fully occupied, providing immediate rental income. Current gross monthly rents total $2,075, with all leases on a month-to-month basis, offering the opportunity to increase rents to current market rates. The property has been exceptionally maintained, including a new architectural roof and complete exterior repaint, both completed last year. Tenants pay their own electric, while the owner covers water/sewer (averaging approximately $60 per month), lawn care, and city-provided trash service. Each unit features in-wall A/C, baseboard heat, and an individual water heater. Two units also include washer hookups. This is a low-maintenance, value-add investment with strong upside potential.

## Location

- **Address:** 503 Leonard Street #1-4, Greeneville, TN 37745
- **County:** Greene
- **Coordinates:** 36.172755, -82.830418
- **Google Maps:** https://www.google.com/maps?q=36.172755,-82.830418

## Listing Agent

- **Name:** Tim Hensley · **License:** 370561
- **Brokerage:** ARBELLA PROPERTIES, INC.
- **Broker Phone:** 4237822090
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/503-Leonard-St-1-4_Greeneville_TN_37745_M92121-00947?f=listhub&s=TVARMLS&m=9999174&c=propsimple)

## Photos

![503 Leonard Street #1-4 - Photo 1](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f2364118733r.jpg)

![503 Leonard Street #1-4 - Photo 2](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f1025562659r.jpg)

![503 Leonard Street #1-4 - Photo 3](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f453138650r.jpg)

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![503 Leonard Street #1-4 - Photo 9](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f3628785756r.jpg)

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![503 Leonard Street #1-4 - Photo 33](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f4202337613r.jpg)

![503 Leonard Street #1-4 - Photo 34](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f3890979539r.jpg)

![503 Leonard Street #1-4 - Photo 35](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f3659831504r.jpg)

![503 Leonard Street #1-4 - Photo 36](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f3878389657r.jpg)

![503 Leonard Street #1-4 - Photo 37](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f2794294396r.jpg)

![503 Leonard Street #1-4 - Photo 38](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f4084491760r.jpg)

![503 Leonard Street #1-4 - Photo 39](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f2437167359r.jpg)

![503 Leonard Street #1-4 - Photo 40](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f3057127272r.jpg)

![503 Leonard Street #1-4 - Photo 41](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f351125639r.jpg)

![503 Leonard Street #1-4 - Photo 42](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f2825482830r.jpg)

![503 Leonard Street #1-4 - Photo 43](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f2203940028r.jpg)

![503 Leonard Street #1-4 - Photo 44](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f897665410r.jpg)

![503 Leonard Street #1-4 - Photo 45](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f2692075937r.jpg)

![503 Leonard Street #1-4 - Photo 46](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f3547362682r.jpg)

![503 Leonard Street #1-4 - Photo 47](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f3654296853r.jpg)

![503 Leonard Street #1-4 - Photo 48](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f2741735398r.jpg)

![503 Leonard Street #1-4 - Photo 49](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f931727787r.jpg)

![503 Leonard Street #1-4 - Photo 50](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f2386577813r.jpg)

![503 Leonard Street #1-4 - Photo 51](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f1779547810r.jpg)

![503 Leonard Street #1-4 - Photo 52](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f1177171946r.jpg)

![503 Leonard Street #1-4 - Photo 53](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f3017609480r.jpg)

![503 Leonard Street #1-4 - Photo 54](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f4035286691r.jpg)

![503 Leonard Street #1-4 - Photo 55](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f2910873814r.jpg)

![503 Leonard Street #1-4 - Photo 56](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f2357094003r.jpg)

![503 Leonard Street #1-4 - Photo 57](http://lh.rdcpix.com/fca053f69042d897505b4a4d14e26f43l-f94335341r.jpg)

---

**MLS#:** 9999174 | **Updated:** 2026-10-25
**Source:** listhub

*Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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/503-leonard-street-greeneville-tn-37745-337658ca4c5e41c79e8c72de577df73d)

---

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