Commercial > Multi-family / Apartments
Active
05/03/2025
List Price
$535,000$114/ft²
109 K St
Martin, TN 38237
- -Bed
- 6Baths
- 4,702ft²Living Area
- 150acLot Size
- -Pool
- 10Car
- 1900Year Built
- 87DOM
- -Permit
109 K St, Martin, TN 38237 is a 6 bath, 4,702 ft² multi-family/apartments property built in 1900 on a 150.000 acre lot. This multi-family/apartments is currently listed for $535,000, and it was last sold in 2022 for $240,000.
MLS Description
The listing agent's description. Original Listing
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!
Listing Agents
The listing agent for 109 K St is Dylan Jones.
DJ
Dylan Jones
Southern LifeStyle Properties
Phone: (731) 613-2354
Current Ownership
Information about the current owner(s).
Taxes Billed
Total Assessed Value$74,480=Land+
Assessed Value$7,200Additions
Assessed Value$67,280
In 2024, taxes billed for 109 K St were $0, which is 0.00% from latest Total Assessed Value of $74,480.
Property History
109 K St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 109 K St
Hazard Risks
Earthquake307Wind103Nat'l Avg100Carb Mono97Tornado95Ozone90Hail87Particulates87Air Pollution84Weather80Hurricane66Lead41
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 109 K St.
Walkability Index
6 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
109 K St has a walkability score of 6 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
29°F
High
48°F
Summer
Average
Low
66°F
High
89°F
In the winter at 109 K St, temperatures range from 28.52°F to 48.12°F with an average of 38.32°F. In the summer, the temperature ranges from 66.1°F to 88.72°F with and average of 77.41°F.
School Information
Public/private schools serving 109 K St
Public Schools
Gleason School
Grades: PK-12
15.83 mi
B-
Dresden Middle School
Grades: 5-8
9.15 mi
B
Dresden High School
Grades: 9-12
11.19 mi
B
Dresden Elementary School
Grades: PK-4
9.15 mi
B
Martin Primary School
Grades: PK-2
0.36 mi
Westview High School
Grades: 9-12
2.92 mi
B-
Weakley County Center for Adult Continuing Education
Grades: 9-12
9.52 mi
Sharon School
Grades: PK-8
7.57 mi
C
Martin Middle School
Grades: 6-8
2.39 mi
C-
Martin Elementary School
Grades: 3-5
0.43 mi
B-
Greenfield School
Grades: PK-12
13.44 mi
B-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 109 K St have ratings undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Martin.
Seasonal Housing units 38237
2%of housing is for seasonal rent.
Daytime Population for 38237
-10%of people during work hours.
Crime Index for 38237
118
118
The crime index in 38237 is 118, which is 1.2 times higher than national average.
Market Trends
Historical market data near 109 K St over selected time period.
Nearby Properties on K St
- 1413 K St, Martin, TN 38237 is a 1,239 square foot, 1 bathroom, 0.32 acre property. It was built in 1974 and has an estimate of $134,634 with a price per ft² of $109.
- 1082 K St, Martin, TN 38237 is a 1,628 square foot, 2 bathroom, 0.7 acre property. It was built in 1997 and has an estimate of $216,204 with a price per ft² of $133.
- 110 K St, Martin, TN 38237 is a 1 bathroom and 0.37 acre property. It was built in 1976 and has an estimate of $77,096.
- 205 K St, Martin, TN 38237 is a 1,248 square foot, 2 bathroom, 0.33 acre property.
- 117 K St, Martin, TN 38237 is a 0.34 acre property.
- 524 K St, Martin, TN 38237 is a 1,400 square foot, 1 bathroom, 0.4 acre property. It was built in 1965 and has an estimate of $129,559 with a price per ft² of $93.
- 509 K St, Martin, TN 38237 is a 2,005 square foot, 1 bathroom, 0.64 acre property. It was built in 1966 and has an estimate of $184,764 with a price per ft² of $92.
- 1423 K St, Martin, TN 38237 is a 1,619 square foot, 2 bathroom, 0.44 acre property. It was built in 1975 and has an estimate of $183,816 with a price per ft² of $114.
- 704 K St, Martin, TN 38237 is a 2,591 square foot, 1 bathroom, 1.9 acre property. It was built in 1965 and has an estimate of $212,741 with a price per ft² of $82.
- 104 K St, Martin, TN 38237 is a 1,152 square foot, 1 bathroom, 0.34 acre property. It was built in 1959 and has an estimate of $86,171 with a price per ft² of $75.
- 405 K St, Martin, TN 38237 is a 1,140 square foot, 1 bathroom, 0.31 acre property. It was built in 1960 and has an estimate of $167,536 with a price per ft² of $147.
- 1308 K St, Martin, TN 38237 is a 1,920 square foot, 2 bathroom, 0.72 acre property. It was built in 1973 and has an estimate of $234,232 with a price per ft² of $122.
- 204 K St, Martin, TN 38237 is a 876 square foot, 1 bathroom, 0.26 acre property. It was built in 1950 and has an estimate of $66,056 with a price per ft² of $75.
- 502 K St, Martin, TN 38237 is a 1,301 square foot, 1 bathroom, 0.23 acre property. It was built in 1961 and has an estimate of $103,408 with a price per ft² of $79.
- 113 K St, Martin, TN 38237 is a 1,192 square foot, 1 bathroom, 0.24 acre property.
- 401 K St, Martin, TN 38237 is a 1,804 square foot, 1.5 bathroom, 0.27 acre property. It was built in 1960 and has an estimate of $163,424 with a price per ft² of $91.
- 1416 K St, Martin, TN 38237 is a 1,448 square foot, 1.5 bathroom, 0.46 acre property. It was built in 1972 and has an estimate of $162,988 with a price per ft² of $113.
- 523 K St, Martin, TN 38237 is a 2,578 square foot, 2 bathroom, 0.92 acre property. It was built in 1967 and has an estimate of $251,528 with a price per ft² of $98.
- 1408 K St, Martin, TN 38237 is a 1,860 square foot, 2 bathroom, 0.56 acre property. It was built in 1975 and has an estimate of $174,200 with a price per ft² of $94.
- 712 K St, Martin, TN 38237 is a 1,383 square foot, 1 bathroom, 2.1 acre property. It was built in 1966 and has an estimate of $156,435 with a price per ft² of $113.
- 109 K St, Martin, TN 38237 is a 4,702 square foot, 6 bathroom, 0.79 acre property.
- 902 K St, Martin, TN 38237 is a 3,151 square foot, 4 bathroom, 0.72 acre property. It was built in 1973 and has an estimate of $317,032 with a price per ft² of $101.
- 414 K St, Martin, TN 38237 is a 966 square foot, 2 bathroom, 0.42 acre property. It was built in 1924 and has an estimate of $165,891 with a price per ft² of $172.
- 118 K St, Martin, TN 38237 is a 1,836 square foot, 2 bathroom, 0.48 acre property. It was built in 1945 and has an estimate of $85,650 with a price per ft² of $47.
- 1301 K St, Martin, TN 38237 is a 1,458 square foot, 1 bathroom, 0.78 acre property. It was built in 1967 and has an estimate of $207,708 with a price per ft² of $142.
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