116 Summer St, Martin, Tennessee 38237
TN, Martin-
Active Status
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11 Dayz On Cribz Total Days
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Residential Income Property Type
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2710 Total Sqft $184/sqft
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1947 Year Built
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Mortgage Wizard 3000 Advanced Breakdown
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.
- Property Type: Residential Income
- Listing Type: For Sale
- MLS #: 3179490
- Price: $499,900
- Square Footage: 2,710 Sqft
- Year Built: 1947
- Office Name: RE/MAX Realty Source
- Agent Name: Dessie Hardee
- Property Attached: Yes
- Listing Status: Active
- Street Number: 116
- Street: Summer St
- City Martin
- State TN
- Zipcode 38237
- County Weakley County, TN
- Subdivision None
- Longitude: W89° 8' 55''
- Latitude: N36° 20' 30.5''
- Zoning: Commercial
- Directions: Head north on US-45E N Continue onto US-45E BUS N 2.0 mi Turn right onto Park St 0.1 mi Turn left onto Summer St Destination will be on the right 116 Summer St Martin, TN 38237
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Heating System Other
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Cooling System Wall/Window Unit(s)
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Utilities Water Available
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Flooring Luxury Vinyl
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Laundry Features Electric Dryer Hookup, Washer Hookup, Share
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Sewer Public Sewer
- Elementary School: Martin Elementary
- Middle School: Martin Middle School
- High School: Westview High School
- Water Source: Public
- Building Size: 2,710 Sqft
- Construction Materials: Brick, Vinyl Siding
- Levels: One
- Lot Size Dimensions: 88X59.0
- Number Of Units Total: 4
- On Market Date: April 20th, 2026
- Previous Price: $499,900
- Rent Includes: None
- Stories: 2
- Annual Tax Amount: $1,461
- Mls Status: Active
- Originating System Name: RealTracs
- Special Listing Conditions: Standard
- Modification Timestamp: Apr 20th, 2026 @ 4:14pm
- Status Change Timestamp: Apr 20th, 2026 @ 4:12pm
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