TN > Jefferson City
Jefferson City, TN 37760,506 Ellis St
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Jefferson City, TN 37760,506 Ellis St
Jefferson City, TN 37760,506 Ellis St
Jefferson City, TN 37760,506 Ellis St
Jefferson City, TN 37760,506 Ellis St
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Kiley Parker

Kiley Parker

+1(865) 755-8502
$ 4,900,000
Est. payment /mo
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506 Ellis St Jefferson City, TN 37760

40,852 SqFt

UPDATED:

02/12/2025 03:35 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 40,852 sqft

Price per Sqft $119

MLS Listing ID 1288106

Originating Board East Tennessee REALTORS® MLS

Year Built 1981

Lot Dimensions na

Property Description

Presenting Maplecrest Square Apartments. These 34 units are 100% occupied and centrally located in Jefferson City, Tennessee. Sixteen units are 2 bed / 1.5 bath and eighteen are 2 bed / 2.5 bath townhouse style units. The property has historically been fully occupied and there is ability to further increase rents. Significant capital expenditures totaling $492,000 have been made with 23 of the 34 units being recently renovated. All roofs were replaced in 2018 and 2021. The townhomes are individually metered for electric and water / sewer with tenants paying all utilities. The flat style units are individually metered for electric with water / sewer on one meter. The water / sewer bills for the flat style units are billed back to the tenants. There are washer / dryer hookups in each unit. Additionally, there is a bark park and picnic area on site.

Location

State TN

County Jefferson County - 26

Rooms

Other Rooms Other

Interior

Heating Central, Other

Cooling Central Cooling

Flooring Laminate, Carpet, Vinyl

Heat Source Central, Other

Exterior

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Shingle

Garage No

Building

Faces From Russell Ave turn onto E Broadway Blvd (US-11E). After .3mi turn left onto Pearl Avenue. Go for .1mi then turn tight onto Ellis St. Property is on the right.

Structure Type Frame,Brick

Schools

Elementary Schools Jefferson

Middle Schools Jefferson

High Schools Jefferson County

Others

Tax ID 024H A 010.00

Energy Description Other Fuel

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional

Listed by SVN I Wood Properties
agent

Kiley Parker

Founding Advisor | REALTOR® | License ID: 350727

+1(865) 755-8502

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506 Ellis St