503 Leonard Street #1-4
Greeneville, TN 37745
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Bed
0
Bath
0.49Acre(Lot)
Excellent investment opportunity featuring four well-maintained 1-bedroom, 1-bath units, each approximately 500± SF. All units are in good condition and fully occupied, providing immediate rental income. Current gross monthly rents total $2,075, with all leases on a month-to-month basis, offering the opportunity to increase rents to current market rates. The property has been exceptionally maintained, including a new architectural roof and complete exterior repaint, both completed last year. Tenants pay their own electric, while the owner covers water/sewer (averaging approximately $60 per month), lawn care, and city-provided trash service. Each unit features in-wall A/C, baseboard heat, and an individual water heater. Two units also include washer hookups. This is a low-maintenance, value
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Basement: Crawl Space -
Flooring Information
Vinyl, Carpet, Hardwood, Laminate -
Roofing Information
Composition, Shingle -
Interior Features
Roof: Composition, Shingle Window Features: Double Pane Windows -
Heating & Cooling
Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Wall Unit(s), Window Unit(s)
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Building Information
Year Built: 1980 Building Area Total: 2016 Construction Materials: Wood Siding Stories: 1 Patio And Porch Features: Front Porch Private Pool: No
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Lot Information
Lot Dimensions: 318.98X161 IRR Main Square Feet: 0.49 Acres Lot Size Acres: 0.49 Lot Size Square Feet: 21344.4
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Listing Price Information
Listing Price: $295000 Cash, Conventional
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Tax Information
Parcel Number: 098d A 004.00
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Parking Information
Unpaved, Shared Driveway
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School Information
Elementary School: HighlandJunior High School: GreenevilleSenior High School: Greeneville -
Location Information
Direction: From Andrew Johnson Hwy (US-11E), turn onto N Main St (US-321), then left on Leonard St. Continue to 503 Leonard St, Greeneville, TN 37745. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 101 Crestview Drive, Greeneville, TN, 37745 | $772,400 | -- | -- | -- | |
| 1717 Lafayette Street, Greeneville, TN, 37745 | $159,000 | -- | -- | -- |
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Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.
ByOwner last updated this listing 08/18/2026 @ 10:20
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