116 Summer St
Martin, TN 38237
- 6 Beds
- 4 Baths
- 2,710 sqft
6 Beds
4 Baths
2,710 sqft
Local Information
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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, 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
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MLS Status: Active |
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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) |
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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 |
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Days on Market: 40 |
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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 |
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Price List Price: $499,900Price Per Sqft: $184 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: MartinCommunity: None |
School Information Elementary School: Martin ElementaryJr High / Middle School: Martin Middle SchoolHigh School: Westview High School |
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Listing Agent Listing ID: 3179490 |
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Building Area Building Area: 2710 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 5192 sqft |
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Special Conditions: Standard |
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Expense Tenant Pays: Electricity, Gas, Water |
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Mls Number: 3179490Above Grade Unfinished Area: 2710 |
Last check for updates: about 14 hours ago
Listing Provided by: Dessie Hardee
RE/MAX Realty Source, (731) 668-7500
Source: RealTracs MLS as distributed by MLS GRID, MLS#3179490

Also Listed on RealTracs MLS as distributed by MLS GRID.
Price History for 116 Summer St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/20/2026 | $499,900 | Listed For Sale | RealTracs MLS as distributed by MLS GRID #3179490 |
| 03/07/2026 | $549,900 | ListingRemoved | RRAR as distributed by MLS GRID #45799 |
| 08/08/2025 | $549,900 | Listed For Sale | RRAR as distributed by MLS GRID #45799 |
| 08/28/2020 | $139,900 | Sold | N/A |
| 06/03/2020 | $149,900 | Listed For Sale | Agent Provided |
| 12/18/1992 | $70,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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.Assigned Schools
These are the assigned schools for 116 Summer St.
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.
LGBTQ Local Legal Protections
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 01:13:10 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.

