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503 Leonard Street #1-4, Greeneville, TN 37745

Greeneville
Local realty services provided by:CENTURY 21 Legacy
503 Leonard Street #1-4,Greeneville, TN 37745
$295,000
  • - Beds
  • - Baths
  • 2,016 sq. ft.
  • Multi-family
  • Active
Listed by: tim hensley
Office: arbella properties jc/fb
MLS#:9999174
Source:TNVA_MLS

Price summary

  • Price:$295,000
  • Price per sq. ft.:$146.33

About this home

Excellent investment opportunity featuring four well-maintained 1-bedroom, 1-bath units, each approximately 500± SF. All units are in good condition and fully occupied, providing immediate rental income. Current gross monthly rents total $2,075, with all leases on a month-to-month basis, offering the opportunity to increase rents to current market rates. The property has been exceptionally maintained, including a new architectural roof and complete exterior repaint, both completed last year. Tenants pay their own electric, while the owner covers water/sewer (averaging approximately $60 per month), lawn care, and city-provided trash service. Each unit features in-wall A/C, baseboard heat, and an individual water heater. Two units also include washer hookups. This is a low-maintenance, value-add investment with strong upside potential.

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Home facts

  • Year built:1980
  • Listing ID #:9999174
  • Added:1 day(s) ago
  • Updated:August 06, 2026 at 07:55 PM

Rooms and interior

  • Flooring:Carpet, Hardwood, Laminate, Vinyl
  • Basement Description:Crawl Space
  • Living area:2,016 sq. ft.

Heating and cooling

  • Cooling:Wall Unit(s), Window Unit(s)
  • Heating:Baseboard

Structure and exterior

  • Year built:1980
  • Building area:2,016 sq. ft.
  • Lot area:0.49 Acres
  • Construction Materials:Wood Siding
  • Exterior Features:Front porch
  • Foundation Description:Block

Schools

  • High school:Greeneville
  • Middle school:Greeneville
  • Elementary school:Highland

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$295,000
  • Price per sq. ft.:$146.33

Features and amenities

  • Amenities:Double Pane Windows, Single Pane Windows

Parking

  • Parking description:Shared Driveway

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