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.

Property Features

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