UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,772 sqft
Price per Sqft $209
Subdivision Meadow Spring
MLS Listing ID 1332716
Year Built 2024
Lot Dimensions 105x163
Source East Tennessee REALTORS® MLS
Property Description
Conveniently located just minutes from Carson-Newman University, this property is ideally positioned for strong rental demand, particularly for students and young professionals. Projected rental income is $1,800-$2,000 per unit per month, making this a fantastic addition to any investment portfolio.
All four townhomes feature a beautiful low-maintenance exterior for lasting curb appeal and come fully equipped with kitchen appliances, including refrigerators, making them truly turnkey for tenants.
Located in the Meadow Springs community, each unit offers 1,193 square feet of living space plus a one-car garage. The thoughtfully designed floor plan includes 2 bedrooms, 2.5 bathrooms, a spacious living room, kitchen with dining area, and a dedicated laundry room. The large primary bedroom features two closets, providing excellent storage and comfort for residents.
Opportunities to purchase newer multi-family properties like this in Jefferson City are rare--don't miss your chance to secure a strong income-producing investment!
1530, 1532, 1534, and 1536 Meadow Springs Drive are the addresses.
Please do not disturb the tenants.
(Professional photos coming soon)
Location
State TN
County Jefferson County - 26
Rooms
Family Room Yes
Other Rooms Family Room
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Carpet
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
Heat Source Central, Electric
Exterior
Parking Features Off-Street Parking, Attached, Garage Door Opener
Garage Spaces 1.0
Garage Description Attached, Garage Door Opener, Off-Street Parking, Attached
Roof Type Shingle
Total Parking Spaces 1
Garage Yes
Building
Faces From Knoxville, Take exit 394 (25W) Turn left onto Asheville Hwy. After 6 miles, continue on to 11E. After 17 miles make a U-turn and turn right onto Meadow Springs Dr. Townhomes are on the right.
Structure Type Vinyl Siding,Frame
Schools
High Schools Jefferson County
Others
Tax ID 024B C 00400 000
Security Features Smoke Detector
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations