1532 Meadow Spring Drive, Jefferson City, TN 37760

New
$999,000
Property Type: Multi-Family Square Footage: 4,772 Status: Active
Current Price: $999,000 List Date: 3/14/2026 Last Modified: 3/14/2026

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 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 MLS# 1332716

Location, Tax & Legal Info

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

Contract Info

Auction Y/N: No Listing Price: 999000 Current Price: $999,000 Status: Active Listing Date: 2026-03-14

General Property Description

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

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)

Property Sub-Type

Four Plex: 1

Construction

Frame: 1

Type of Units

2 Bedroom Unit: 1 Townhouse: 1

Siding

Vinyl: 1

Sale Includes

Building and Land: 1

Miscellaneous

Patio: 1

Cooling

Central Cooling: 1

Floors

Carpet: 1 Luxury Vinyl Plank: 1

Garage/Parking

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

Tenant Expenses

Electricity: 1 Heating: 1 Sewer: 1 Water: 1

Owner Expenses

Exterior Maintenance: 1 Lawn Maintenance: 1 Roof Maintenance: 1 Taxes: 1 Trash Collection: 1

Fuel

Electric: 1

Heat

Central: 1

Appliances

Dishwasher: 1 Disposal: 1 Microwave: 1 Range: 1 Refrigerator: 1 Self Cleaning Oven: 1 Smoke Detector: 1

Other Rooms

Family Room: 1

Roof

Shingle: 1

Misc Features

Internet Available: 1 Walk-in Shower: 1 Washer/Dryer Connect: 1 Wired for Internet: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

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 Geo Lat: 36.123972 Geo Lon: -83.4748

Status Change Info

Status Change Date: 2026-03-14

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
Listing Office: King Real Estate Services,Inc
IDX
Office Phone: 865-560-9401
Last Updated: March - 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.