116 Summer St, Martin, TN 38237
FOR SALE

116 Summer St
Martin, TN 38237

  • 6 Beds
  • 4 Baths
  • 2,710 sqft

$499,900

Est. Mortgage $2,786/mo*

$499,900

Est. Mortgage $2,786/mo*
6 Beds
4 Baths
2,710 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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, 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.

Home Highlights

Parking
4 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$184
Listed
40 days ago

Home Details for 116 Summer St

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2710 Square Feet
Appliances & Utilities
Utilities: Water AvailableLaundry: Common Area,Electric Dryer Hookup,Washer Hookup
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Levels: One
View
No View
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Open Parking Spaces: 4No GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Open
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2710 Square Feet

Days on Market

Days on Market: 40

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: QuadruplexArchitecture: Quadruplex
Building
Construction Materials: Brick, Vinyl SidingNot a New ConstructionAttached To Another Structure
Property Information
Included in Sale: OtherParcel Number: 072P A 02800 000

Price & Status

Price
List Price: $499,900Price Per Sqft: $184
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: MartinCommunity: None
School Information
Elementary School: Martin ElementaryJr High / Middle School: Martin Middle SchoolHigh School: Westview High School

Agent Information

Listing Agent
Listing ID: 3179490

Building

Building Area
Building Area: 2710 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 5192 sqft

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: Electricity, Gas, Water

Miscellaneous

Mls Number: 3179490Above Grade Unfinished Area: 2710
Last check for updates: about 2 hours ago
Listing Provided by: Dessie Hardee
RE/MAX Realty Source, (731) 668-7500
Source: RealTracs MLS as distributed by MLS GRID, MLS#3179490

Price History for 116 Summer St

DatePriceEventSource
04/20/2026$499,900Listed For SaleRealTracs MLS as distributed by MLS GRID #3179490
03/07/2026$549,900ListingRemovedRRAR as distributed by MLS GRID #45799
08/08/2025$549,900Listed For SaleRRAR as distributed by MLS GRID #45799
08/28/2020$139,900Sold
N/A
06/03/2020$149,900Listed For SaleAgent Provided
12/18/1992$70,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,461
Assessment$110,900
Home facts updated by county records

Comparable Sales for 116 Summer St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.38
Multi-Family Home
$121,550
10/31/25
5
3
2,691
0.27
Multi-Family Home
$260,000
05/22/26
-
2,592
0.48
Multi-Family Home
$163,000
02/27/26
-
1,988
0.51
Multi-Family Home
$117,000
04/16/26
-
1,604
0.40
Multi-Family Home
$445,000
09/24/25
-
4,702

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 116 Summer St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Martin

At least 26 Trulia users voted on each feature.
  • 91 % Say car is needed

  • 85 % Say parking is easy

  • 68 % Say there's holiday spirit

  • 68 % Say yards are well-kept

  • 65 % Say it's dog friendly

  • 60 % Say it's quiet

  • 58 % Say kids play outside

  • 54 % Say streets are well-lit

  • 50 % Say people would walk alone at night

  • 49 % Say neighbors are friendly

  • 45 % Say there's wildlife

  • 43 % Say it's walkable to restaurants

  • 42 % Say there are sidewalks

  • 40 % Say they plan to stay for at least 5 years

  • 34 % Say there are community events

  • 20 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Shirley Bledsoe
    "Soybean festival small quaint downtown. Nice neighbors nice homes large college young people a few decent restaurants low crime rate"
  • Collinsmonicad
    "Beautiful and peaceful, the neighborhood is welcoming with a lake view. Everyone has pride in their properties. "
  • Alevcrow
    "We have music festivals, holiday celebrations, and seasonal festivals that make living here fun and entertaining!! Also, they’re very safe and most everyone who attends is friendly and respectful."
  • Cmeceleste
    "people walk with their dogs every day. neighbors are friendly. lots of trees, rabbits and birds. houses are neat and lawns are mowed. "
  • Collinsmonicad
    "Quiet and safe. Great community events like the Soybean festival The farmer’s market offers fresh fruits and vegetables."
  • Nicholas G. E. M.
    "Don’t let your kids roam alone. People are careless with the way they drive. Keep an eye on your kids that way he or she won’t risk getting hit by a car"
  • Alevcrow
    "Lots of college kids. Some neighbors call and complain about petty things.. Not a lot of yard space "
  • Mike M.
    "Everyone knows each other and ready to help out when needed. Very little to no crime around here. Excellent shopping convenience and great roads. "
  • Jonetrav
    "Martin is a nice place to live. It’s quite rural, but has a small college atmosphere. The winters are rather mild, and the summers are quite humid."
  • Ssimons1
    "Wonderful neighbourhood with lots of character - GREAT lot - quick access to university, shopping :) "
  • totalguarantee
    "Grew up in this area. Great place to live. Parks are very close and so are the area schools. This area is fairly quiet"

LGBTQ Local Legal Protections

Dessie Hardee, RE/MAX Realty Source, (731) 668-7500
Based on information submitted to the MLS GRID as of 2026-05-30 12:18:07 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
116 Summer St, Martin, TN 38237 is a 6 bedroom, 4 bathroom, 2,710 sqft multi-family built in 1947. This property is currently available for sale and was listed by RealTracs MLS as distributed by MLS GRID on Apr 20, 2026. The MLS # for this home is MLS# 3179490.