$245,000

295 Tennessee 18 Loop Toone, TN 38381

Estimated payment $1,504/month

7 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Great Investment- 4 rental units with approx. $2225 monthly income and potential for increases. All units are currently rented and in great condition.

Listing Agent

Jack Sain

Bolivar Ins & R/E Agency Inc. License #218136 Listed on: 02/25/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Slab Foundation
  • Metal Roof
  • Aluminum Siding
  • Stone

Interior Spaces

  • Efficiency Studio
  • Free-Standing Range
  • Laminate Flooring

Laundry

  • Dryer
  • Washer

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater
  • Septic Tank

Community Details

  • 4 Units
  • Hardeman County Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Listing Details

  • Class: Multi-Family
  • Type: Fourplex
  • MAAR Subdivision Name: Eighteen Loop
  • Freestanding: Yes
  • Year Built: 1977
  • Construction: Aluminum/Steel Siding, Stone
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Wood Laminate Floors
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)

Exterior Features

  • Foundation: Slab
  • Roof: Metal

Garage/Parking

  • Parking Facility: Gravel

Utilities

  • Hot Water: Electrical, Septic Tank
  • Cooling Systems: Individual Cooling
  • Heating Systems: Heat Pump, Individual Systems
  • Laundry: Dryer in Unit, Washer in Unit

Lot Info

  • Lot Size: +-2acres
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 26700
  • Tenant Pays: All Utilities
  • Type Of Leases: Monthly

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 4
  • Number2 Bedroom Units: 2
  • Number3 Bedroom Units: 1
  • Number Efficiency Studio Units: 1
  • Type of Unit: 2 BR - 1 Bath, 3 BR - 1+ Baths, Efficiency/Studio

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2026 02/25/26 For Sale $245,000 -- --
Source: Memphis Area Association of REALTORS®

Source: Memphis Area Association of REALTORS®

MLS Number: 10215489

Memphis Area Association of REALTORS®
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