116 Summer St

Martin, TN 38237

$499,900
Price
6
Beds
4
Baths
2,710 Sq. Ft.
$184 / Sq. Ft.
2,710
Sq. Ft.
$184
per Sq. Ft.
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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,...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.
  1. Listed by Dessie Hardee • RE/MAX Realty Source
    C: (731)-217-6358 dessiehardee@gmail.com

Property Details for 116 Summer Street

Subdivision Name
None
Waterfront
No
LISTING UPDATED: 04/20/2026 11:14 AM

Property Details for 116 Summer Street

StatusActive
MLS #3179490
Days on Market30
Taxes$1,461 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size-
CountyWeakley County
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Location

Listing Courtesy of RE/MAX Realty Source
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Building Information for 116 Summer Street

Stories2Residences4Year Built1947Building Size-Lot Size-

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$2,613 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,491

Property Taxes

$122

HOA Dues

$0

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Property Information for 116 Summer Street

Summary
Location and General Information
  • 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
  • Elementary School: Martin Elementary
  • High School: Westview High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Martin Middle School
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Total Non Garage Parking Spaces: 4.0
  • Garage Spaces: .00
  • Parking Total: 4.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Luxury Vinyl
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 072P A 02800 000
  • Structure Type: Quadruplex
Property and Assessments
  • Construction Materials: Brick, Vinyl Siding
  • Documents Count: 4
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Security Features: Smoke Detector(s)
  • Senior Community: No
  • Stories: 2
  • Year Built Details: Existing
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Other
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Laundry Features: Share, Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Unit 1
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
Unit 3
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 4
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Rental Information
Rental Information
  • Rent Includes: None
  • Tenant Pays: Cable TV, Electricity, Gas, Water
  • Total Actual Rent: $4,700

Property History for 116 Summer Street

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Listed (Active)

REALTRACS #3179490

$499,900—
Aug 28, 2020

Sold (Public Record)

Public Record #676323438

$139,900—
DateEvent & SourcePrice
04/20/2026

Listed (Active)

REALTRACS #3179490

$499,900
08/28/2020

Sold (Public Record)

Public Record #676323438

$139,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 116 Summer Street

Taxable ValueLand$2,880Additions$41,480Total$44,360
Home Facts
Total Finished SqFt2,710 SqFtAbove Grade Finished SqFt2,710 SqFtStories2Lot Size5,192 SqFtStyleDuplexYear Built1947Year Renovated1975CountyWEAKLEYAPN072P A 02800

Schools near 116 Summer Street

This home is within Weakley County School District.
Rating
School
Type
Grades
Distance
Martin Primary School
Public - PK to 2
Martin Middle School
Public - 6 to 8
Westview High School
Public - 9 to 12
Martin Elementary School
Public - 3 to 5
Rating
School
Distance
Martin Primary School
PublicPK to 2

Martin Middle School
Public6 to 8

Westview High School
Public9 to 12

Martin Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 116 Summer Street, Martin, TN 38237

116 Summer Street is a multi-family home for sale in Martin, TN 38237. This property was listed for sale on April 20, 2026 by RE/MAX Realty Source, it's currently listed at $499,900. It has been on the market for a total of 30 days and was last sold on August 28, 2020. This listing's school district is Weakley County School District. Nearby schools include Martin Primary School, Martin Middle School and Westview High School. 116 Summer Street is a 6-bed, 4-bath, 2,710 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Realty Source

Based on information submitted to the MLS GRID as of 04/20/2026 11:14 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.