$4,155 Closing Credit¹
#706030, Joe L. Whiteside, Listing Office: RE/MAX Real Estate Ten Midtown
Property details
About 506 E Ellis St
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.
Highlights
Home typeOther
HeatingCentral, Other
StatusActive
CoolingCentral Air
Size40,852 sqft
Year built1981
ParkingOn Premise Parking
MLS #1288106
Summary
- MLS Number: 1288106
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: SVN I Wood Properties
- Office Phone: (865) 637-7777
- Office Email: marisa.hipsher@svn.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, 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.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,900,000
506 E Ellis St
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 03, 2021 | Home Sold | $2,200,000 |
| Feb 21, 1992 | Home Sold | $650,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $507,600 | $- |
| 2022 | $507,600 | $17,207 |
History based on county public records data.
Nearby schools
7
Jefferson Elementary School
Public District PK-5
1.1 mi
•321 W Broadway Blvd
4
Mount Horeb Elementary School
Public District PK-5
4.0 mi
•500 Dumplin Valley Rd E
7
Talbott Elementary School
Public District PK-5
5.2 mi
•848 Talbott Kansas Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,946. Most Jefferson City, TN residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
65%
<35k
33%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
17%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
57%
18-34 yrs old
20%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
College Football
Where do the neighbors shop?
Wal-Mart
Family Dollar
Kmart
Where do the neighbors go to eat?
Sonic
Dominos Pizza
Bob Evans
What do the neighbors drive?
Oldsmobile
Ford
Buick
What do the neighbors listen to?
Contemporary Inspirational
New Country- Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 506 E Ellis St
This home is located at 506 E Ellis St in Jefferson City, TN and zip code 37760. This 40,852 square foot home was built in 1981. Features: 0 bathroom. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $4,900,000.
In February 2025 more than 1 listings in Jefferson City, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. The inventory of homes for sale in Jefferson City, TN between January and February 2025 decreased by 1.6%. The median list price of listings available in February 2025 was $306,000, while the average time on the real estate market was 6 days.
From Rocket Homes Real Estate and based on county public records data.