5640 Us-41 Jasper, TN ^$ 1,210,000

5640 Us-41

^$ 1,210,000

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5640 Us-41

Jasper, TN, 37347

^$ 1,210,000

Bedrooms4 Baths4.0 Sq 675

Monthly Estimate*

^$ 7,450

Multi-Family Home for sale in Jasper, TN

for $1,210,000 with 4 bedrooms and 4 full baths. This 675 square foot home was built in 1980.

14 Unit Efficiency Apartments. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area.

Multi-Family Active

Price

^$ 1,210,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,251

Style

Multi Family

Year Built

1980

Town/City

Jasper

County/Region

Marion

MLS | Web ID

3112474

Features

General

Living Area 675

Sewer Public Sewer

Heating Electric

Cooling Electric

Utilities Electricity Available Water Available

Possession Close Of Escrow

Roof Other

Garage Spaces 0

Construction Materials Other

Year Built 1980

Tenant Pays Electricity Other

Stories Count 1

Levels Three Or More

County Marion County TN

New Construction N

Property Type Residential Income

Attached Garage N

Subdivision Name None

Garage Y/N N

Rent Includes Water

Status Active

Buyer Financing Other Conventional Seller Financing

Directions From Downtown Chattanooga take I-24 West for app. 20 miles; cross Nickajack Lake and take next exit US 41 ; Continue West on US-41 and the property is on the left just after you cross the Sequatchie

High School Marion Co High School

City Jasper

Senior Community Y/N N

Number Of Units Total 14

Lot Size Units Acres

Property Attached Y/N Y

Year Built Details Existing

Tax Annual Amount 8251

Building Area Units Square Feet

Living Area Units Square Feet

Standard Status Active

Total Actual Rent 2850

Interior

Flooring Other

Air Conditioning Y/N Y

Heating Y/N Y

Below Grade Finished Area Unit Type Square Feet

Above Grade Finished Area Unit Type Square Feet

Exterior

Parking Features Detached Gravel

Water Source Public

Total Parking 0

Building Area Total 675

Lot Dimensions 382x231x422

Waterfront Y/N N

Covered Spaces 0

Internal Only

Street Number 1 5640

* Excluded Features

List By

Greater Downtown Realty Dba Keller Williams Realty

Broker

Affordability Calculator

$8,138

Per Month

Monthly Principal & Interest: $7,450
Monthly Property Taxes: $688
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Jasper, TN

Average List Price ^$790,000

Percent of Sale Price 35%

About Jasper, TN

3,186 Population

0% Since 2002

^$46,437 Median Income

42.97 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4824360 Elementary School

4824336 Middle School

Marion Co High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2026	$1,210,000		Listed Price

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5640 Us-41, Jasper, TN, 37347 is a Multi-Family Home for sale at $1,210,000 with 675 sqft. 5640 Us-41 has 4 bedrooms, 4.0 baths, and was built in 1980. The property's zip code is 37347 which is in Jasper, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of RealTracs Solutions. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is 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.

Data is updated as of 3/29/2026.

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5640 Us-41

Multi-Family Home for sale in Jasper, TN

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