116 Summer St Martin, TN 38237
Estimated payment $3,108/month
Highlights
- Brick or Stone Mason
- Vinyl Flooring
- 3-minute walk to Martin Parks & Recreation
About This Home
Investors! You get four rental units just off University Street in the city of Martin. Easy to rent with this prime location, one and two bedroom units with a community laundry room. With ideal location, these units are easy to keep occupied. Buyer is responsible for checking square footage and acreage. Listing agency is not responsible for inaccuracies.
Listing Agent
TENNESSEE UNITED REAL ESTATE, LLC Brokerage Phone: 731-588-4100 License #258892 Listed on: 08/08/2025
Co-Listing Agent
TENNESSEE UNITED REAL ESTATE, LLC Brokerage Phone: 731-588-4100 License #330607
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 4,792 Sq Ft Lot
Home Design
- Brick or Stone Mason
Interior Spaces
- 2,710 Sq Ft Home
- 2-Story Property
- Blinds
- Vinyl Flooring
- Crawl Space
Utilities
- Window Unit Cooling System
- No Heating
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 028.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $44,360 | $2,880 | $41,480 |
| 2023 | $1,339 | $44,360 | $2,880 | $41,480 |
| 2022 | $1,325 | $35,560 | $1,920 | $33,640 |
| 2021 | $1,325 | $35,560 | $1,920 | $33,640 |
| 2020 | $820 | $35,560 | $1,920 | $33,640 |
| 2019 | $743 | $22,000 | $1,920 | $20,080 |
| 2018 | $743 | $22,000 | $1,920 | $20,080 |
| 2017 | $634 | $17,480 | $1,600 | $15,880 |
| 2016 | $634 | $17,480 | $0 | $0 |
| 2015 | $634 | $17,464 | $0 | $0 |
| 2014 | $634 | $17,464 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $549,900 | -- | $203 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $139,900 | None Available | |
| Warranty Deed | $70,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $118,915 | Commercial |
Source: Reelfoot Regional Association of REALTORS®
MLS Number: RRA45799
APN: 072P-A-028.00
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