INVESTOR OPPORTUNITY IN MARTIN, TN ? BUILDABLE LOT WITH MULTIPLE POSSIBILITIES!
Looking for an affordable development opportunity in a rental-heavy market? This approximately 0.47-acre cleared lot at 123 Ivie Lane in Martin, Tennessee offers an excellent opportunity for investors, builders, and developers looking to capitalize on demand from both the local community and UT Martin students.
The property is buildable and currently zoned to accommodate either a duplex or a single-family home, giving an investor flexibility to pursue multiple strategies. Build a duplex designed for long-term rental income, construct a single-family residence for resale or rental, or explore the best use based on current market conditions.
Utilities?including water, sewer, electric, gas, and fiber internet?are reportedly available at the street, providing an attractive starting point for future development.
Located in Martin, the property benefits from proximity to UT Martin, downtown Martin, schools, shopping, restaurants, and everyday conveniences. The area's established rental demand serves both local residents and the university community, making this a particularly interesting opportunity for an investor seeking either long-term cash-flow potential or a build-to-sell strategy.
At $35,000, this is an opportunity to acquire a manageable piece of land with the potential to create value through new construction.
Build it. Rent it. Sell it. The choice is yours.
Text or call Jennifer Easterday today at 731-414-9446 for more information or call Town & Country Realtors at 731-668-7000 to speak to a buyer's agent.
Buyer to verify all information, including zoning, utilities, building requirements, permitted uses, dimensions, and suitability for intended development.
Listed By
Agency Name: Town and Country
Agency Phone: 731-668-7000
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 111.35 per month $77.89 Principal & Interest $23.25 Property Tax $10.21 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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123 Ivie Lane | MLS# 2603746
This land located at 123 Ivie Lane , Martin, TN 38237 is currently listed for sale with an asking price of $35,000. The property has approximately 0.47 Acres. Search Martin real estate on www.clhomes.com today.