1. Tennessee
  2. Manchester
  3. 309 Indian Mound Rd
$335,000

309 Indian Mound Rd, Manchester, TN 37355

  • 1,501 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $223/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Listing Office:
BHGRE Baker & Cole : 9314553994
Listing Agent:
Deborah Annette Trice : 9315818842
MLS ID:
2900201
  • Laundry: IndividualElectric Dryer Hookup
  • Flooring: Other
  • A/C: Central Air
  • Heating: Electric

This listing courtesy of Deborah Annette Trice, BHGRE Baker & Cole

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

College Street Elementary School

405 College St, Manchester, TN, 37355

Grades PK-5

1.10 miles away

W

Westwood Middle School

505 E Taylor St, Manchester, TN, 37355

Grades 6-8

1.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.