1532 Meadow Spring Drive, Jefferson City, TN 37760

$999,000
Property Type: Residential Income Bedrooms: 8 Baths: 12 Square Footage: 4,722 Lot Size (sq. ft.): 4,580,900,280 Status: Active
Current Price: $999,000 List Date: 3/16/2026 Last Modified: 3/18/2026

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# 310740

General Property Information

Stories Total
2
Lot Size Dimensions
105X163.4 IRR
Lot Size Acres
105163
Living Area
4722
Bedrooms Total
8
Bathrooms Total
12
Bathrooms Full
8
Bathrooms Half
4
Garage YN
Yes
Garage Spaces
4
Fireplace YN
No
Year Built
2024
Bonus Room YN
No
List Price/SqFt
211.56

Property Features

2 Bedroom Unit Details: Dishwasher; Disposal; Microwave; Patio/Porch; Range; Refrigerator; W/D Hookups Construction Materials: Vinyl Siding Cooling: Central Air Current Use: Multi-Family Documents: TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex Flooring: Carpet; Luxury Vinyl Heating: Central Laundry Features: Laundry Room Listing Terms: Cash; Conventional Lock Box Information: See Remarks Parking Features: Garage; Garage Door Opener Sewer: Public Sewer Tenant Pays: Electricity; Sewer; Water Utilities: Cable Connected; Electricity Connected; Internet Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent

Location Tax and Legal

Street Number
1532
Street Name
Meadow Spring
Street Suffix
Drive
County
Jefferson
State
TN
Zip Code
37760
Property Sub Type
Quadruplex
MLS Area Major
Jefferson City
Subdivision Name
None

Contract Information

Original List Price
999000
Listing Contract Date
2026-03-14
Auction YN
No
Owner Name
King John Emily
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No

Remarks and Miscellaneous

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)
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.

Status Change Information

Major Change Timestamp
2026-03-16T19:54:28Z
Major Change Type
New Listing
Status Change Timestamp
2026-03-16

More Information

Unit Details

# of 2-Bedroom Units
4

2 Bedroom Unit Details

Baths Full
2
Baths Half
Yes
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Patio/Porch
Yes
Range
Yes
Refrigerator
Yes
W/D Hookups
Yes

Location, Tax, and Legal

Zip +4
2041
New Construction YN
No
Restrictive Covenants YN
Yes
Zoning
R2
Zoning Entity
R2
Parcel Number
024B C 00400 000
Tax Lot
/04
Tax Annual Amount
9070.68
Tax Year
2025

Construction Materials

Vinyl Siding
Yes

Cooling

Central Air
Yes

Current Use

Multi-Family
Yes

Documents

TN Confirmation of Agency
Yes
TN Prop Residential Condition Disc or Ex
Yes

Flooring

Carpet
Yes
Luxury Vinyl
Yes

Heating

Central
Yes

Laundry Features

Laundry Room
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lock Box Information

See Remarks
Yes

Parking Features

Garage
Yes
Garage Door Opener
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Internet Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Tenant Pays

Electricity
Yes
Sewer
Yes
Water
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Listing Office: King Real Estate Services, Inc.
Last Updated: March - 18 - 2026
Information deemed reliable but not guaranteed.