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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.
| DAYS ON MARKET | 15 | LAST UPDATED | 8/6/2026 |
|---|---|---|---|
| YEAR BUILT | 1980 | COUNTY | Greene |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Highland |
|---|---|
| Jr. High School | Greeneville |
| High School | Greeneville |
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s), Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard |
| LOT | 0.49 acre(s) |
| LOT DIMENSIONS | 318.98X161 IRR |
| PARKING | Unpaved, Shared Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Other |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Arbella Properties JC/FB
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This IDX solution is (c) Diverse Solutions 2026.