587 Baker Rd
Martin, TN 38237
8 Beds
4 Baths
870 sqft
8 Beds
4 Baths
870 sqft
Home Highlights
Climate Control
Heating & Cooling
Price/Sqft
$4,368
Listed
25 days ago
Local Information
- Map ViewExplore the area around 587 Baker Rd.
- Schools5 Preschool Schools7 Elementary Schools5 Middle Schools5 High Schools
- Shop & Eat
-- mins to
About this House
Exceptional Income-Producing Investment Opportunity! This well-maintained 36-unit apartment community is ideally located in the heart of Martin, Tennessee, just 1.2 miles from the University of Tennessee at Martin. Positioned in a thriving college town with strong, consistent rental demand, this property offers an outstanding opportunity to expand or strengthen your investment portfolio.
The complex features thirty-six 2-bedroom, 1-bathroom units, each equipped with convenient washer and dryer hookups. Significant capital improvements have been completed within the past 12 months, including new roofs on Buildings A, D, E, H, and J, renovations to 16 units, and the replacement of all rear decks across the property.
With a local, experienced property manager who is willing to remain in place after the sale, the new owner can benefit from a seamless transition and continued professional management. Whether you're seeking stable cash flow, long-term appreciation, or a value-add investment in a desirable university market, this property is an opportunity you won't want to miss.
The complex features thirty-six 2-bedroom, 1-bathroom units, each equipped with convenient washer and dryer hookups. Significant capital improvements have been completed within the past 12 months, including new roofs on Buildings A, D, E, H, and J, renovations to 16 units, and the replacement of all rear decks across the property.
With a local, experienced property manager who is willing to remain in place after the sale, the new owner can benefit from a seamless transition and continued professional management. Whether you're seeking stable cash flow, long-term appreciation, or a value-add investment in a desirable university market, this property is an opportunity you won't want to miss.
Home Details for 587 Baker Rd
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 870 Square Feet |
Appliances & Utilities Utilities: Water AvailableLaundry: Individual,Electric Dryer Hookup,Washer Hookup |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Carpet, Laminate |
View No View |
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Exterior Home Features No Private Pool |
Parking & Garage No GarageNo Attached Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 870 Square Feet |
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Days on Market: 25 |
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Year Built Year Built: 1995 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: Multi Family |
Building Construction Materials: Aluminum Siding, BrickNot a New ConstructionAttached To Another Structure |
Property Information Included in Sale: NegotiableParcel Number: 078 03910 000 |
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Price List Price: $3,799,900Price Per Sqft: $4,368 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Martin |
School Information Elementary School: Martin ElementaryJr High / Middle School: Martin Middle SchoolHigh School: Westview High School |
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Listing Agent Listing ID: 3276724 |
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Building Area Building Area: 870 Square Feet |
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Not Senior Community |
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No HOA |
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Special Conditions: Standard |
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Expense Tenant Pays: Electricity, Water |
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Mls Number: 3276724Attribution Contact: 9312092819Above Grade Unfinished Area: 870 |
Last check for updates: about 2 hours ago
Listing Provided by: Jessica Stanfield, (931) 209-2819
Tennessee Property Group, (931) 264-8219
Source: RealTracs MLS as distributed by MLS GRID, MLS#3276724
Also Listed on RealTracs MLS as distributed by MLS GRID.
Market trends in Martin
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
48
3MoM
Price History for 587 Baker Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 07/29/2026 | $3,799,900 | PriceChange | RealTracs MLS as distributed by MLS GRID #3276724 |
| 07/13/2026 | $3,899,500 | Listed For Sale | RealTracs MLS as distributed by MLS GRID #3276724 |
| 07/01/2026 | $4,150,000 | ListingRemoved | RealTracs MLS as distributed by MLS GRID #3059099 |
| 02/19/2026 | $4,150,000 | PriceChange | RealTracs MLS as distributed by MLS GRID #3059099 |
| 12/06/2025 | $4,250,000 | Listed For Sale | RealTracs MLS as distributed by MLS GRID #3059099 |
| 09/06/2024 | $2,725,000 | Sold | N/A |
| 07/31/2023 | ListingRemoved | Zillow Rentals | |
| 03/20/2023 | $750 | Listed For Rent | Zillow Rentals |
| 11/30/2022 | $2,375,000 | Sold | RRAR as distributed by MLS GRID #43830 |
| 08/27/2021 | ListingRemoved | Zillow Rental Manager | |
| 07/27/2021 | $600 | Listed For Rent | Zillow Rental Manager |
| 02/16/1995 | $8,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $20,517 |
| Assessment | $1,557,600 |
Home facts updated by county records
Comparable Sales for 587 Baker Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.15 | Multi-Family Home | $210,000 | 09/05/25 | 4 | - | 1,653 | |
1.58 | Multi-Family Home | $121,550 | 10/31/25 | 5 | 3 | 2,691 | |
0.87 | Multi-Family Home | $365,000 | 06/29/26 | - | 2,890 | ||
1.47 | Multi-Family Home | $260,000 | 05/22/26 | - | 2,592 | ||
1.82 | Multi-Family Home | $117,000 | 04/16/26 | - | 1,604 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
FOR SALE
3D VIEW22.85 ACRESWhitetail Properties Real Esta, MAAR
OFF MARKETFULLER PARTNERS REAL ESTATE, INC.
SOLDJAN 5, 2026TENNESSEE UNITED REAL ESTATE, LLC
Assigned Schools
These are the assigned schools for 587 Baker Rd.
- Dresden Elementary School
- PK-4
- Public
- 440 Students
9/10GreatSchools RatingParent Rating AverageGet rid of the principal then this school may have a chance. Ive had nothing but problems this year now they are threatening to keep my child an extra year. Ill take him out of public school before I deal with this school another yearParent Review4mo ago - Dresden High School
- 9-12
- Public
- 301 Students
7/10GreatSchools RatingParent Rating AverageN/AParent Review16y ago - Dresden Middle School
- 5-8
- Public
- 335 Students
8/10GreatSchools RatingParent Rating AverageThis is a wonderful school with a great sense of community and pride! The students are loved and have great relationships with their teachers.Parent Review1y ago - Gleason School
- PK-12
- Public
- 393 Students
6/10GreatSchools RatingParent Rating AverageThis school gave me everything I needed. Gleason prepared me for college while emphasizing key elements like responsibility and self-integrity. You cannot beat the “community” feel you get from being apart of the school.Other Review7y ago - Greenfield School
- PK-12
- Public
- 454 Students
7/10GreatSchools RatingParent Rating AverageThis school hires and keeps inept teachers. They do not reach for student engagement and only focus on test numbers that are quite arbitrary. This school ignores threats made to gay students (myself) that involved bodily harm and even death. The facility staff violated do not contact orders on numerous occasions, and the staff only communicated with my father (the person who wasn’t supposed to know anything about my) to notify him that I am homosexual, which jeopardized my safety at home. This school will destroy your/your child’s mental state then punish the student for underperformingOther Review11mo ago - Martin Elementary School
- 3-5
- Public
- 391 Students
7/10GreatSchools RatingParent Rating AverageThey don't treat special needs students fairly nor do they know how to manage them. They are treated differently. The teachers tell kids they will not succeed.Parent Review3y ago - Martin Middle School
- 6-8
- Public
- 408 Students
7/10GreatSchools RatingParent Rating AverageThe strongest academic school system in rural west TNParent Review1y ago - Sharon School
- PK-8
- Public
- 190 Students
5/10GreatSchools RatingParent Rating AverageWe have had 2 of our daughters at this school, one being special needs. The entire staff has been amazing with both of our kids. The small class sizes has help our daughter who was behind succeed where she would have been left behind in a larger school. The low score for the school is a reflection of it being so small and how testing is conducted not the results for the students.Parent Review3y ago - Weakley County Center For Adult Continuing Education
- 9-12
- Public
NAGreatSchools RatingParent Rating Average
No reviews available for this school. - Westview High School
- 9-12
- Public
- 611 Students
7/10GreatSchools RatingParent Rating AverageIt is horrible. They poorly prep you for the future. Yes if you plan of staying in BFE martin tn all your life then you will probably be fine. If you want to make something of yourself and move you will see just how hard it is to catch up with the rest of the country. My parents moved me to martin from chicago and i couldnt wait to leave the place the second i graduated, bad thing is my education i received from westview made it very hard to catch up. Luckily i worked hard and did it and WILL NEVER GO BACK.Parent Review8y ago - Martin Primary School
- PK-2
- Public
- 470 Students
NAGreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 587 Baker Rd.
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
53 % Say streets are well-lit
50 % Say neighbors are friendly
48 % Say people would walk alone at night
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
Jessica Stanfield, Tennessee Property Group, (931) 264-8219
Agent Phone: (931) 209-2819
Based on information submitted to the MLS GRID as of 2026-08-07 10:28:26 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
587 Baker Rd, Martin, TN 38237 is a 8 bedroom, 4 bathroom, 870 sqft multi-family built in 1995. This property is currently available for sale and was listed by RealTracs MLS as distributed by MLS GRID on Jul 13, 2026. The MLS # for this home is MLS# 3276724.