$550,000

515 N Academy St, Murfreesboro, TN 37130

2,308 sqft

Multi-Family Home
Built in 2008
—— sqft lot
—— car garage
$238/sqft
Listed 2 months ago

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 one side currently vacant and the other 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!

Listing Status:: Active
Date Added:: April 1, 2026
Data Last Updated:: May 21, 2026 at 3:18AM
Listing Office:: Elam Real Estate : 6152786887
Listing Agent:: Joseph Phinney : 6152786887
MLS ID:: 3166178

Laundry: IndividualElectric Dryer HookupWasher Hookup
Flooring: CarpetConcreteVinyl
A/C: Ceiling Fan(s)Central AirElectric
Heating: CentralElectric

Parking: ConcreteDrivewayParking spaces: 0

Roofing: Shingle
General: Two

Originating MLS: realtrac
County: Rutherford CountyTN

Zoning: COM091L A 00900 R0055650

Utilities: Electricity AvailableWater Available
Water: Public
Sewer: Public Sewer

Source: realtrac

This listing courtesy of Joseph Phinney , Elam Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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