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$4,250,000 - 587 Baker Rd, Martin

-
Bedrooms
-
Baths
870
SQ. Feet
1995
Year Built

**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.

Essential Information

  • MLS® #:
    3059099
  • Price:
    $4,250,000
  • Bathrooms:
    0.00
  • Square Footage:
    870
  • Acres:
    0.00
  • Year Built:
    1995
  • Type:
    Residential Income
  • Status:
    Active

Community Information

  • Address:
    587 Baker Rd
  • Subdivision:
    n/a
  • City:
    Martin
  • County:
    Weakley County, TN
  • State:
    TN
  • Zip Code:
    38237

Amenities

  • Utilities:
    Water Available

Interior

  • Heating:
    Central
  • Cooling:
    Central Air
  • # of Stories:
    2

Exterior

  • Construction:
    Aluminum Siding, Brick

School Information

  • Elementary:
    Martin Elementary
  • Middle:
    Martin Middle School
  • High:
    Westview High School

Additional Information

  • Date Listed:
    December 6th, 2025
  • Days on Market:
    12
  • Zoning:
    Commercial

Listing Details

  • Listing Office:
    Tennessee Property Group

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on December 20th, 2025 at 3:23am CST.