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About This Home

This 6-bedroom, 3-bathroom residential multi family at 7 Marshall Street in Sparta, TN is listed for $359,929 ($110 per sqft). Built in 1955, the home offers 3,282 sqft of living space on a 0.20 acres lot.

Agent Description

Prime investment opportunity in the heart of Sparta! This versatile property offers three rentable units-two attached with own entrances and one detached-ideal for Airbnb, long-term tenants, or multi-family use. With 6 total bedrooms, 3 bathrooms, and spacious living rooms and kitchens in each unit, the layout provides strong income potential and broad appeal.

Original hardwood floors add classic charm, while natural gas offers efficiency. Located less than a minute from Sparta's historic square, 15 minutes to Virgin Falls State Park, and 25 minutes to Cookeville, this property delivers both convenience and high-demand rental positioning. A rare chance to own a cash-flowing asset in a growing market. The homes do need some love, but the possibilities are endless including even expanding the existing square footage.

Key Features

  • Built in 1955
  • 0.20 acre lot
  • Fireplace

Property Details

3 full
1955

Amenities

FireplaceHardwoodA/C

Monthly Cost Estimate

$1,925/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,560
Insurance$105

Estimates only. Actual payments may vary.

Location

7 Marshall Street

Sparta, TN 38583

Property Details

Flooring

HardwoodVinyl

Construction

Frame Block Brick Vinyl Siding

Pool Features

Porch

Heating

Electric (Heating)Natural Gas

Cooling

Central Air

Appliances

Electric Water HeaterDishwasherGas OvenRefrigeratorGas Range

Questions & Answers

This 6-bedroom, 3-bathroom residential multi family at 7 Marshall Street is listed at $359,929 ($110/sqft). The estimated monthly payment is $1,560 based on 20% down at 6.5% interest.

Key features include: Built in 1955, 0.20 acre lot, Fireplace.

This property is listed by Heather Skender-Newton and can be reached at 9312619001 or skendernewtongroup@gmail.com.

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Heather Skender-Newton

Agent at Skender-Newton Realty

(931) 261-9001

Listed by Skender-Newton Realty · View on Broker Site

MLS# 241018· Source: listhub· Updated today

Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7 Marshall Street, Sparta, TN 38583

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