1532 Meadow Spring Drive, Jefferson City, TN 37760

$999,000
Property Type: Multi-Family Square Footage: 4,772 Status: Pending - Continue to Show - Inspection
Current Price: $999,000 List Date: 3/14/2026 Last Modified: 5/14/2026

Overview

Description

Attention Investors! Don't miss this exceptional opportunity to own an almost-new 4-plex in the rapidly growing area of Jefferson City! This income-producing property features four well-designed townhomes, with two townhomes currently leased through March 2027 at $1,800 per month, while two additional units will become available in May 2026, offering the perfect opportunity to place new tenants at market rates. Conveniently located just minutes from Carson-Newman University, this property is ideally positioned for strong rental demand, particularly for students and young professionals. Projected rental income is $1,800-$2,000 per unit per month, making this a fantastic addition to any investment portfolio. All four townhomes feature a beautiful low-maintenance exterior for lasting curb appeal and come fully equipped with kitchen appliances, including refrigerators, making them truly turnkey for tenants. Located in the Meadow Springs community, each unit offers 1,193 square feet of l ...

Listing Details MLS# 1332716

Location Tax Legal Info

House #
1532
Street Name
Meadow Spring
St Suffix
Drive
State/Province
TN
Zip Code
37760
PIN #
024B C 00400 000
Subdivision
Meadow Spring

Contract Info

Auction Y/N
No
Listing Price
999000

General Property Description

SqFt - Total (Aprox)
4772
Lot Dimensions
105x163
Number of Units
4
# Units Leased
2
Year Built
2024
Property Status
N/A
Driveway
Yes
Lease Information
2 move out May 2026 2 are leased for 1 year at $1800.00/mo

Status Change Info

Status Change Date
2026-05-14
Under Contract Date
2026-05-14

Location, Tax & Legal Info

Area
Jefferson County - 26
City/County Code
City Limits
Total Tax
9070.68
High School
Jefferson County

Remarks & Misc

Directions
From Knoxville, Take exit 394 (25W) Turn left onto Asheville Hwy. After 6 miles, continue on to 11E. After 17 miles make a U-turn and turn right onto Meadow Springs Dr. Townhomes are on the right.
Public Remarks
Attention Investors! Don't miss this exceptional opportunity to own an almost-new 4-plex in the rapidly growing area of Jefferson City! This income-producing property features four well-designed townhomes, with two townhomes currently leased through March 2027 at $1,800 per month, while two additional units will become available in May 2026, offering the perfect opportunity to place new tenants at market rates. Conveniently located just minutes from Carson-Newman University, this property is ideally positioned for strong rental demand, particularly for students and young professionals. Projected rental income is $1,800-$2,000 per unit per month, making this a fantastic addition to any investment portfolio. All four townhomes feature a beautiful low-maintenance exterior for lasting curb appeal and come fully equipped with kitchen appliances, including refrigerators, making them truly turnkey for tenants. Located in the Meadow Springs community, each unit offers 1,193 square feet of living space plus a one-car garage. The thoughtfully designed floor plan includes 2 bedrooms, 2.5 bathrooms, a spacious living room, kitchen with dining area, and a dedicated laundry room. The large primary bedroom features two closets, providing excellent storage and comfort for residents. Opportunities to purchase newer multi-family properties like this in Jefferson City are rare--don't miss your chance to secure a strong income-producing investment! 1530, 1532, 1534, and 1536 Meadow Springs Drive are the addresses. Please do not disturb the tenants. (Professional photos coming soon)

More Information

Property Sub-Type

Four Plex
Yes

Construction

Frame
Yes

Type of Units

2 Bedroom Unit
Yes
Townhouse
Yes

Siding

Vinyl
Yes

Sale Includes

Building and Land
Yes

Miscellaneous

Patio
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Luxury Vinyl Plank
Yes

Garage/Parking

Garage Spaces
1
Attached
Yes
Garage Door Opener
Yes
Off-Street Parking
Yes

Tenant Expenses

Electricity
Yes
Heating
Yes
Sewer
Yes
Water
Yes

Owner Expenses

Exterior Maintenance
Yes
Lawn Maintenance
Yes
Roof Maintenance
Yes
Taxes
Yes
Trash Collection
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Smoke Detector
Yes

Other Rooms

Family Room
Yes

Roof

Shingle
Yes

Misc Features

Internet Available
Yes
Walk-in Shower
Yes
Washer/Dryer Connect
Yes
Wired for Internet
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Four Plex Type of Units: 2 Bedroom Unit; Townhouse Sale Includes: Building and Land Floors: Carpet; Luxury Vinyl Plank Tenant Expenses: Electricity; Sewer; Water Owner Expenses: Exterior Maintenance; Lawn Maintenance; Roof Maintenance; Taxes; Trash Collection Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector Construction: Frame Roof: Shingle Siding: Vinyl Misc Features: Internet Available; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Other Rooms: Family Room Miscellaneous: Patio New Financing: Cash; Conventional Showing: See Agent Instructns
IDX
Listing Office: King Real Estate Services,Inc
Office Phone: 865-560-9401
Last Updated: May - 14 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.