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Listed by Joseph Phinney • Elam Real Estate
$ 499,000
Est. payment /mo
Active
515 N Academy St Murfreesboro, TN 37130
2,308 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,308 sqft
Price per Sqft $216
MLS Listing ID 3542329
HOA Y/N false
Year Built 2008
Annual Tax Amount $3,332
Lot Dimensions 100 X 110 M
Property Description
Unlock the perfect blend of income potential and lifestyle in this beautifully positioned Murfreesboro duplex just minutes from MTSU (1.5 miles) and top schools, dining, shopping, and entertainment. Take a short walk to the Murfreesboro Town Square for music, farmer's markets, and more! This rare investment opportunity features two well-designed units with both sides currently vacant and recently income-producing, making it ideal for house hacking, rental income, or a savvy addition to your real estate portfolio. Enjoy the flexibility to live in one unit while the other helps offset your mortgage, or maximize returns with a full rental strategy in this high-demand Middle Tennessee market. The 515 unit had a new geothermal HVAC + thermostat installed in 2025. The 517 unit had a new hot water heater installed in 2024. The private backyard offers a peaceful retreat - perfect for relaxing or entertaining - adding to the property's strong tenant appeal and livability. Located in one of Murfreesboro's most sought-after areas for rental properties near MTSU, this duplex is surrounded by consistent rental demand, making it a standout opportunity for both new and seasoned investors. Opportunities like this - combining location, income potential, and lifestyle - are hard to find. Schedule your private showing today and secure your place in one of Tennessee's fastest-growing real estate markets!
Location
State TN
County Rutherford County
Zoning COM
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Concrete, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Vinyl Siding
New Construction false
Schools
Elementary Schools Mitchell-Neilson Elementary
Middle Schools Siegel Middle School
High Schools Siegel High School
