309 Indian Mound Rd Active Save Request In-Person Tour Request Virtual Tour
Manchester,TN 37355
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,501 sqft
Price per Sqft $223
Subdivision Ewell
MLS Listing ID 2900201
HOA Y/N No
Year Built 1986
Annual Tax Amount $1,198
Lot Dimensions 100X150
Property Description
Turnkey Investment Opportunity! This newly renovated duplex is fully occupied with both units leased at $1,200/month, generating $2,400 in gross monthly income ($28,800 annually). Each unit features 2 bedrooms, 1 full bathroom, a large laundry room with appliances included, and a spacious, functional layout that tenants love. Renovations include updated flooring, paint, fixtures, and more—providing a low-maintenance property with strong rental appeal. Located in a high-demand area just off I-24, this property offers quick access to Arnold Air Force Base, UTSI, Nissan, and surrounding employment hubs. It's just minutes from Jack Daniels, Nearest Green, and George Dickel Distilleries, making it an attractive area for long-term tenants and short-term professionals alike. With steady occupancy, modern updates, and a location that continues to grow in value, this property is ideal for investors seeking immediate cash flow with minimal upfront costs. The duplex also presents an excellent house-hacking opportunity—live in one side and rent the other—or hold as a fully leased income-producing asset. Fully leased – Start Earning Day 1, Updated Interiors – Private laundry in each unit, Excellent access to Nashville, Chattanooga, Huntsville, Stable rental history with potential for future rental growth, No HOA. Please do not disturb tenants. Showings scheduled by appointment only with proof of funds or pre-approval. For lease details or questions, contact listing agent at dtrice@realtracs.com.
Location
State TN
County Coffee County
Zoning RES
Interior
Heating Electric
Cooling Central Air
Flooring Other
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools College Street Elementary
Middle Schools West Middle School
High Schools Coffee County Central High School