$450,000

15030 Highway 49, Vanleer, TN 37181

  • 3,780 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1999
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $119/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

INCOME-PRODUCING INVESTMENT OPPORTUNITY! Sale includes a QUADPLEX, DUPLEX, AND AN ADDITIONAL LOT located at 15030 and 15076 Highway 49 W. Offering a total of 6 RENTAL UNITS, this property presents an excellent opportunity for investors looking to expand their portfolio. The quadplex consists of four 1 BEDROOM, 1 BATHROOM units and is ZONED COMMERCIAL. The duplex includes one 2 BEDROOM, 1 BATHROOM unit and one 1 BEDROOM, 1 BATHROOM unit and is ZONED RESIDENTIAL. Recent improvements include Unit 2 in the quadplex with NEW FLOORING, NEW CABINETS, NEW COUNTERTOPS, AND NEW REFRIGERATOR. Unit 4 features NEW FLOORING and a NEWER REFRIGERATOR. The quadplex roof is approximately 5 YEARS OLD. All units are currently occupied. Tenants have completed their initial lease terms and are currently MONTH-TO-MONTH. SECURITY DEPOSITS ARE IN PLACE, and each unit has its own SEPARATE ELECTRIC METER. Current rental income totals approximately $5,450 PER MONTH, with the duplex generating $1,850 PER MONTH and the quadplex generating $3,600 PER MONTH ($900 per unit). SELLER CURRENTLY PAYS UTILITIES, which are reported to be reasonable. Conveniently located LESS THAN 20 MINUTES FROM DOWNTOWN ERIN, this fully occupied property offers immediate cash flow and is ready for its new owner. Opportunities to purchase 6 INCOME-PRODUCING UNITS, AN ADDITIONAL LOT, AND BOTH COMMERCIAL AND RESIDENTIAL ZONING in one package are hard to find. Whether you’re looking to grow your portfolio or add a strong-performing asset to your investment holdings, this property checks all the boxes.

Listing Status:
Active
Date Added:
June 18, 2026
Data Last Updated:
June 24, 2026 at 10:20PM
Listing Office:
Parker Peery Properties : 6159393540
Listing Agent:
Mika Sesler : 6159393540
MLS ID:
3244968
  • Flooring: Laminate
  • A/C: ElectricWall/Window Unit(s)
  • Heating: Electric
  • Parking: AsphaltDrivewayParking spaces: 0
  • General: Two
  • Originating MLS: realtrac
  • County: Houston CountyTN
  • Zoning: Commercial064 00203 000
  • Utilities: Electricity AvailableWater Available
  • Water: Public
  • Sewer: Septic Tank
  • Source: realtrac

This listing courtesy of Mika Sesler , Parker Peery Properties

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location