See all 22 photos
22 photos
Additional details
Listed by Hannah Wray • VOLUME Realty
$530,000
Est. payment /mo
2,233 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,233 sqft
Price per Sqft $237
Subdivision Toddington Hgts Sec 6
MLS Listing ID 3149076
HOA Y/N No
Year Built 1978
Annual Tax Amount $2,886
Lot Dimensions 82 X 192 IRR
Property Description
Income-producing duplex in a prime Murfreesboro location near Middle Tennessee State University offering strong rental income and multiple investment strategies. Ideal for investors or buyers looking to house hack by living in one unit while renting the other.
The 1408 unit features a spacious 3 bed, 1.5 bath layout with a large bonus room that can serve as a bedroom, office, or flex space. The 1406 unit is a 2 bed, 1 bath and comes fully furnished with approx. $12,000 in furnishings. It previously operated as a successful Airbnb, generating approx. $2,800–$3,000/month. Furnishings are negotiable and may convey, offering a potential turnkey short-term rental opportunity.
HVAC systems for both units were replaced in 2022, the main sewer line was replaced approx. 2 years ago, and the roof is less than 11 years old.
The 1408 unit is leased at $1,900/month through October 2026. The 1406 unit was leased at $1,750/month with that lease ending at the end of May and is now being transitioned back to a full-time Airbnb, creating upside potential.
Great opportunity for investors seeking immediate cash flow with value-add potential, or for an owner-occupant to offset their mortgage.
Conveniently located near MTSU, downtown Murfreesboro, shopping, dining, and major roadways, making it a highly desirable rental location.
Located in a flood zone; flood insurance may be required. Seller states no known history of flooding.
Assumable loan in place at approx. 5.063% offers qualified buyers potential access to a below-market interest rate.
The 1408 unit features a spacious 3 bed, 1.5 bath layout with a large bonus room that can serve as a bedroom, office, or flex space. The 1406 unit is a 2 bed, 1 bath and comes fully furnished with approx. $12,000 in furnishings. It previously operated as a successful Airbnb, generating approx. $2,800–$3,000/month. Furnishings are negotiable and may convey, offering a potential turnkey short-term rental opportunity.
HVAC systems for both units were replaced in 2022, the main sewer line was replaced approx. 2 years ago, and the roof is less than 11 years old.
The 1408 unit is leased at $1,900/month through October 2026. The 1406 unit was leased at $1,750/month with that lease ending at the end of May and is now being transitioned back to a full-time Airbnb, creating upside potential.
Great opportunity for investors seeking immediate cash flow with value-add potential, or for an owner-occupant to offset their mortgage.
Conveniently located near MTSU, downtown Murfreesboro, shopping, dining, and major roadways, making it a highly desirable rental location.
Located in a flood zone; flood insurance may be required. Seller states no known history of flooding.
Assumable loan in place at approx. 5.063% offers qualified buyers potential access to a below-market interest rate.
Location
State TN
County Rutherford County
Zoning Commercial
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Luxury Vinyl
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Black Fox Elementary
Middle Schools Whitworth-Buchanan Middle School
High Schools Oakland High School
Others
Senior Community false
Special Listing Condition Owner Agent
Read Less Info
© 2026 Listings courtesy of RealTrac as distributed by MLS GRID. All Rights Reserved.
Nearby School & Business
Get More Information