38237 Homes under $500,000

38237 Homes under $500,000

Welcome to the charming zip code 38237, nestled in the heart of Martin, Tennessee! This vibrant community in Weakley County offers a perfect blend of small-town charm and modern amenities, making it an ideal place to call home. With its rich history, friendly atmosphere, and beautiful landscapes, Martin is a hidden gem in the Volunteer State.

For homebuyers seeking affordable options, the 38237 area boasts an impressive selection of homes priced under $500,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, you’ll find a variety of styles and sizes to suit your needs. From cozy single-family homes to spacious townhouses, the real estate market in Martin provides something for everyone.

Residents of Martin enjoy a laid-back lifestyle with access to numerous parks, recreational facilities, and local events that foster a strong sense of community. The city is also home to the University of Tennessee at Martin, which adds a vibrant energy and a wealth of cultural opportunities to the area.

With its affordable housing options, friendly neighborhoods, and a welcoming spirit, 38237 is not just a zip code; it’s a place where you can create lasting memories. Explore the possibilities of homeownership in this delightful corner of Tennessee, and discover why so many are proud to call Martin home. Your dream home awaits in 38237!

Newest 38237 Homes under $500,000

219 Jenny Ln, Martin
$395,000
3 Beds ⋅ 3 Baths ⋅ 3622992 MLS ⋅ ACTIVE Status ⋅ 0.66 Acres ⋅ 38237 Zip Code
Imagine coming home to a place that feels welcoming from the moment you arrive, with everything you love about Martin just minutes from your door. Welcome to 219 Jenny Lane, a beautifully crafted new-construction home where generous spaces, modern design, and thoughtful details create a home that feels as good as it looks. Step inside to an airy, open layout with exceptionally spacious rooms and an effortless flow made for slow mornings, family gatherings, and evenings spent entertaining friends. The kitchen opens beautifully into the heart of the home, while an oversized walk-in pantry with rich stained butcher-block countertops brings warmth, character, and the kind of storage you dream about. An impressive laundry room offers generous space and abundant storage, bringing ease and organization to everyday living. The spa-like bathroom provides a luxurious escape, complete with a freestanding soaking tub that invites you to slow down and unwind. Throughout the home, quality craftsmanship and attention to detail are evident, creating a timeless backdrop ready to become your own. Outside, you’ll love the peaceful setting of a quiet, desirable neighborhood while still being conveniently close to shopping, dining, schools, UTM, and everything Martin has to offer. At 219 Jenny Lane, you don’t have to choose between space, style, quality, and location—you can come home to all four.

219 Jenny Ln, Martin

420 Sandhill Rd, Martin
$445,000
3 Beds ⋅ 3 Baths ⋅ 3612080 MLS ⋅ ACTIVE Status ⋅ 1.14 Acres ⋅ 38237 Zip Code
Welcome to 420 Sandhill Road—a home that stands apart in a market where this level of character, craftsmanship, and premium detail is hard to find. From the moment you walk in, it feels custom. Rich walnut cabinetry brings warmth to the kitchen, while an oversized butler’s pantry provides exceptional storage and prep space designed for the way you actually live. The living room makes a statement with its floor-to-ceiling tiled feature wall, natural gas fireplace, and custom wood niches—creating a space that feels both elevated and inviting. The primary suite feels like a private retreat, complete with a spa-inspired bath, freestanding soaking tub, tiled walk-in shower, and a custom closet with beautifully stained wood shelving. French doors lead directly from the bedroom to the expansive covered back patio, where mornings can begin with coffee overlooking more than an acre of peaceful surroundings and evenings can end watching the wildlife come through. Everywhere you look, there’s something that sets this home apart—from the custom finishes and thoughtfully designed storage to the indoor-outdoor living and privacy of the property. Homes with this combination of distinctive design, premium features, acreage, and move-in-ready convenience are a rare find. If you’ve been waiting for something that doesn’t look or feel like everything else on the market, 420 Sandhill Road deserves to be seen in person.

420 Sandhill Rd, Martin

113 White St, Martin
$269,999
2 Beds ⋅ 2 Baths ⋅ 3217542 MLS ⋅ ACTIVE Status ⋅ 0.66 Acres ⋅ 38237 Zip Code
Victorian-style charm with today’s updates: 2 bed, 2 bath, newly renovated kitchen, bathrooms and new flooring throughout. In the kitchen you will enjoy accents of its butcher block counters, tile backsplash, deep farmhouse sink and a functional island that doubles as a table with storable chairs. New appliances in the kitchen and laundry stay with the home. Step inside to see tall ceilings, large rooms and a formal dining room with a bay window and lots of natural light. The primary suite offers an oversized walk-in closet, walk-in shower and double-bowl vanity, and the updated guest bath has a barn-style sliding door which ads a dash of character. There’s a large pantry, plus a utility room with cabinets, counters and a new LG washer and dryer set that stay. Outside, sip your morning coffee or afternoon tea on the screened patio, with a bubbling fountain and a fire pit nearby, overlooking a large yard. Patio contains small pet doors which allow access to the fenced area and into the home. Stone walkways and ornamental shrubs around the home add so much curb appeal. There is a detached single car garage with workbench and storage. Freshly painted Hardie board siding, windows replaced 5 years ago, 9-year-old roof. Located in an established neighborhood with sidewalks and friendly neighbors. Only moments away from all the daily amenities and UT Martin Campus. Schedule a tour and see if 113 White St, feels like home for you.

113 White St, Martin

116 Summer St, Martin
$399,900
3179490 MLS ⋅ ACTIVE Status ⋅ 38237 Zip Code
Quadplex investment opportunity in Martin, TN, just minutes from UT Martin and conveniently located near shopping, dining, and everyday amenities. This fully renovated property features four units, including two spacious 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a versatile unit mix that appeals to a wide tenant base. Extensive renovations have been completed throughout all four units, making this a true turnkey opportunity. Exterior improvements include vinyl siding, replacement windows, updated lighting, fresh paint, and enhanced landscaping for strong curb appeal. Interior updates feature new paint, updated trim and doors, modern light fixtures, new mini blinds, and a combination of refinished hardwood floors and durable vinyl plank flooring in the kitchens, bathrooms, and hallways. Kitchens have been upgraded with new cabinetry, butcher block countertops in select units, and new stainless steel appliances, including stoves and refrigerators. Bathrooms have been refreshed with new vanities, fixtures, commodes, and tub surrounds. Major system updates include HVAC in all units, updated electrical with new panels and meters, and plumbing improvements, including new water heaters and updated lines where needed. The property also includes a finished shared laundry room with two new washers and two new dryers, adding convenience for tenants. Units 1 and 2 offer larger layouts with living rooms, dining areas, and additional space, while Units 3 and 4 provide efficient upper-level living with finished interiors. All four units are currently tenant-occupied, providing immediate rental income. Income-generating property with an 8 percent cap rate. A minimum of 24 hours’ notice is required for all showings. With strong rental demand driven by its proximity to UT Martin, this property is well-positioned for consistent occupancy and long-term returns. Large units, quality renovations, and a prime in-town location.

116 Summer St, Martin

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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