List Price
decreased
from $4,250,000
to $4,150,000
-
Beds
0
Baths
870
Sq Ft
**Income-Producing Property:** This 36-unit apartment complex is situated in the heart of Martin, TN, just 1.2 miles from the University of Tennessee at Martin. This property presents an excellent opportunity to enhance your rental portfolio. Martin is a vibrant university town with various amenities that attract residents to the area. All units are 2-bedroom, 1-bathroom units that feature washer and dryer hookups. Some of the improvements made over the last 12 months include a new roof on buildings A, D, E, H, and J, as well as renovations to 16 units. Additionally, the back deck has been replaced for all 36 units. The current property manager is local and is willing to continue managing the property, facilitating a smooth transition for the new owner.
Listing By: Jessica Stanfield - Tennessee Property Group 9312092819
- MLS# 3059099
- Date Listed12/05/2025
- Days on Realty 104 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Sewer Public Sewer
- Subdivision n/a
- Property Type Multi Family
- County Weakley
- Year Built 1995
- Water Public
- Square Feet 870 sq. ft
- Price Per Sq. Ft $4770.11
Interior Features
- Flooring Carpet, Laminate, Vinyl
- Cooling Central Air
- Heating Central
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Financial Considerations
- Tax Amount $18,803
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
Population & Environment
Source: Sperling's Best Places
29/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
40/100
Bikable
Bike Score ®
Overview
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 6/100, Transit Score: 0/100, Bike Score: 26/100.
Property Change History
Price Per Square Foot
decreased
from $4,885.06
to $4,770.11
Agent added 21 new
photos to the listing
12 →
33 photos
Property description updated with
new details
View Changes
Previous Description:
**Income-Producing Property:** This 36-unit apartment complex is located in the heart of Martin, TN, just 1.2 miles from the University of Tennessee at Martin. This property offers an excellent opportunity to enhance your rental portfolio. Martin is a vibrant university town with a variety of amenities that draw residents to the area. The current property manager is local and is willing to continue managing the property, making the transition easy for the new owner.
Updated Description:
**Income-Producing Property:** This 36-unit apartment complex is situated in the heart of Martin, TN, just 1.2 miles from the University of Tennessee at Martin. This property presents an excellent opportunity to enhance your rental portfolio. Martin is a vibrant university town with various amenities that attract residents to the area. All units are 2-bedroom, 1-bathroom units that feature washer and dryer hookups. Some of the improvements made over the last 12 months include a new roof on buildings A, D, E, H, and J, as well as renovations to 16 units. Additionally, the back deck has been replaced for all 36 units. The current property manager is local and is willing to continue managing the property, facilitating a smooth transition for the new owner.
Agent added 5 new
photos to the listing
7 →
12 photos
Points of Interest near 587 Baker Rd, Martin, TN 38237
Frequently Asked Questions for 587 Baker Rd
Source: Realty.com
587 Baker Rd, Martin, TN 38237 is a Multi Family, Residential Income property listed for $4,150,000 The property is 870 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 33 photos of 587 Baker Rd.
Our records indicate that 587 Baker Rd was built in 1995.
The full address for this home is 587 Baker Rd, Martin, TN 38237.
587 Baker Rd has been listed on Realty.com since Fri December 05, 2025
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 6/100, Transit Score: 0/100, Bike Score: 26/100.
There are 3 schools assigned to this home. Check out the schools near 587 Baker Rd. Martin Primary School (Grades: PK - 2), Martin Middle School (Grades: 6 - 8), Westview High School (Grades: 9 - 12)
Listing provided courtesy of:
Tennessee Property Group
(tel: 931-264-8219)
Listing agent:
Jessica Stanfield
(tel: 931-209-2819)
(#29314)
This content last refreshed on 2026-03-19 04:31:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 587 Baker Rd, Martin, TN 38237 : MLS# 3059099
