$549,900
- 2,710 Sq Ft
116 Summer St, Martin, TN 38237
Shelia Bell TENNESSEE UNITED REAL ESTATE, LLC
$549,900
116 Summer St, Martin, TN 38237
Shelia Bell TENNESSEE UNITED REAL ESTATE, LLC
$119,900
315 S Mccombs St, Martin, TN 38237
Rozanne Rieger CENTURY 21 GOLDEN SERVICE REALTY
$169,900
107 Ryan St, Martin, TN 38237
Rozanne Rieger CENTURY 21 GOLDEN SERVICE REALTY
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.
On average, homes in Martin, TN sell after 31 days on the market compared to the national average of 52 days. The median sale price for homes in Martin, TN over the last 12 months is $300,550, up 9% from the median home sale price over the previous 12 months.
In Martin, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $119,900 to $549,900, there's a range to accomodate every budget. As of September, 2025 the median home price in Martin is $499,900, while the average sale price is $294,725, offering insights into the local housing market. On average, multi-family homes spend 31 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Martin, TN.