About 109 K Street
Welcome to 109 K St., Martin, TN - a unique 6-unit apartment complex just minutes from the University of Tennessee at Martin. Once a local church, this property has been thoughtfully transformed into a thriving multifamily residence with strong rental history and modern updates throughout. Each of the six units features 2 bedrooms, 1 bathroom, and convenient in-unit laundry, offering comfort and functionality for tenants. Major renovations include new plumbing, updated flooring, stylish fixtures, and numerous additional improvements that have revitalized the property from top to bottom. All units are currently leased, generating a total monthly income of $7,030. With utilities included in the rent and paid by the seller, this turn-key investment is not only fully occupied but also highly desirable among renters. The property also offers open parking and a large lot, providing ample space for residents. Whether you're looking to grow your investment portfolio or step into multifamily real estate ownership, 109 K St. is a rare opportunity in a high-demand rental market near a major university. Don't miss your chance to own this one-of-a-kind income-producing property—schedule your showing today!
Features of 109 K Street
| MLS® # | 2501987 |
|---|---|
| Price | $585,500 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 109 K Street |
|---|---|
| City | Martin |
| County | Weakley |
| State | TN |
| Zip Code | 38237 |
Amenities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 10 |
| Parking | Concrete, Open |
| Is Waterfront | No |
Interior
| Appliances | Electric Oven, Electric Water Heater, Range, Range Hood, Refrigerator |
|---|---|
| Heating | Central, Forced Air, Natural Gas |
| Cooling | Ceiling Fan(s), Central Air, Electric |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Brick |
| Foundation | Slab |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Dylan Jones |
|---|---|
| Office | Southern LifeStyle Properties |