1. Tennessee
  2. Jefferson City
  3. 506 E Ellis St
$4,700,000

506 E Ellis St, Jefferson City, TN 37760

  • 40,852 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1981
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $115/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Date Added:
July 9, 2025 at 05:00AM
Listing Office:
SVN I Wood Properties : 865-637-7777
MLS ID:
1288106
  • Flooring: CarpetLaminateVinyl
  • A/C: Central Air
  • Heating: Central

This listing courtesy of SVN I Wood Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jefferson Elementary School

321 W Broadway Blvd, Jefferson City, TN, 37760

Grades PK-5

1.38 miles away

J

Jefferson Middle School

361 W Broadway Blvd, Jefferson City, TN, 37760

Grades 6-8

1.56 miles away

J

Jefferson County High School

115 W Dumplin Valley Rd, Dandridge, TN, 37725

Grades 9-12

4.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.