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506 E Ellis St, 
Jefferson City, TN 37760

$4,700,000


Bed


Bath


40,852

Sq Ft


Multi-Family

Pending

Listed by

Cohl Morgan

Svn I Wood Properties

Last updated:

June 25, 2025, 04:06 PM

MLS#

1288106

Source:

TN KAAR

About This Home

506 E Ellis St

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.

Home Facts

Multi-Family

Built in 1981

Price Summary

4,700,000

$115 per Sq. Ft.

MLS #:

1288106

Last Updated:

June 25, 2025, 04:06 PM

Added:

4 month(s) ago


Rooms & Interior

Interior

Living Area:

40,852 Sq. Ft.


Structure

Structure

Building Area:

40,852 Sq. Ft.

Year Built:

1981


Finances & Disclosures

Finances

Price:

$4,700,000

Price per Sq. Ft:

$115 per Sq. Ft.

Source:TN KAAR
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