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Martin, TN Multifamily Homes & Duplexes for Sale

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  • /22

    $239,000

    • 4 Beds
    • 1,653 Sq Ft

    120-122 Ivie Cir, Martin, TN 38237

    Income-generating duplex! This property features two spacious 2-bedroom, 1-bath units, each equipped with a stove, refrigerator, dishwasher, and in-unit washer and dryer. Conveniently located 1 mile from the UTM campus and has quick access to all areas of town. Enjoy relaxing on the back decks, which overlook a scenic nearby pond! Annual gross income is $19,200.

    Agent Photo

    BELINDA OVERMAN

    MARTIN REALTY

    (731) 200-1096

    120-122 Ivie Cir, Martin, TN 38237
  • /52

    $550,000

    • 4,702 Sq Ft

    109 K St, Martin, TN 38237

    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

    Agent Photo

    Dylan Jones

    Southern LifeStyle Properties

    (731) 251-4191

    109 K St, Martin, TN 38237
  • /12

    $119,900

    • 2 Beds
    • 1,506 Sq Ft

    315 S Mccombs St, Martin, TN 38237

    Investment Opportunity! Duplex in Martin. Close to town. Each side 1BR, 1BA. Window air and gas ventless heat. Rental income available - 1 side rented. The other side needs repairs and is not livable in current condition. Remodel to your style and live in it or rent it out for even more income! Call Today.

    Rozanne Rieger CENTURY 21 GOLDEN SERVICE REALTY

    315 S Mccombs St, Martin, TN 38237
  • /24

    $169,900

    • 3 Beds
    • 1,654 Sq Ft

    107 Ryan St, Martin, TN 38237

    Investment Opportunity! Triplex in Martin. 1BR, 1BA per apartment. Close to downtown. Detached garage. 2 bays and storage. Window units for air. Apartment A has gas ventless heat. New flooring in part of this unit. New ceiling fan in bedroom.. Apartment B has upstairs and bedroom and utility are upstairs. New Engineered flooring in living room. Apartment C is rented. Great income potential.

    Rozanne Rieger CENTURY 21 GOLDEN SERVICE REALTY

    107 Ryan St, Martin, TN 38237

Why Live in Martin

Martin, Tennessee, is a small rural city in northwest Tennessee, located about 10 miles from the Kentucky border. With a population of 10,825 according to the 2020 census, Martin is known for its close-knit community and the presence of the University of Tennessee at Martin, which significantly increases the population during the school year. The university is a major employer and actively engages with the community through initiatives like the MLK holiday service projects. Other notable employers include Stanley Black & Decker. Housing in Martin primarily consists of ranch-style homes from the 1970s and '80s, condos in the Mount Pelia subdivision, and multifamily units. The Weakley County School District, serving Martin, ranks in the top third of Tennessee's districts, emphasizing student performance despite economic challenges. For recreation, the Martin Recreation Complex offers extensive youth sports facilities, including baseball and softball fields, soccer facilities, a lake, and walking and biking paths. The Brian Brown Memorial Greenway provides a nearly two-mile trail near the UT-Martin campus. Lindell Street is the main downtown thoroughfare, featuring local businesses like Martin’s Coffee & Bakery and Blake’s at Southern Milling. The annual Soybean Festival in early September celebrates the region's agricultural heritage with carnival rides, food, live music, and a parade. U.S. Route 45 connects Martin to Jackson, 50 miles away, and Fulton, Kentucky.

Home Trends in Martin, TN

Housing Trends

Median Sale Price
$279,900
Median Single Family Sale Price
$385,500
Average Price Per Sq Ft
$105
Number of Homes for Sale
5
Last 12 months Home Sales
25
Months of Supply
2.40
Median List Price
$402,000
Median Change From 1st List Price
20%
Median Home Sale Price YoY Change
1%
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