515 N Academy St, Murfreesboro, TN 37130

$524,900
2,308
SqFt

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List Price
$524,900
Price Change
▼ $25,100 1780095066
MLS#
3166178
Days on Market
119
Property Type
Multifamily
Sqft. of Residence
2,308
County
Rutherford County
Status
ACTIVE

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!

Additional Information

Construction Type
Aluminum Siding, Vinyl Siding
Cooling System
Ceiling Fan(s), Central Air, Electric
Elementary School
Mitchell-Neilson Elementary
Floor Types
Carpet, Concrete, Vinyl
Heating System
Central, Electric
High School
Siegel High School
Junior High School
Siegel Middle School
Laundry
Individual, Electric Dryer Hookup, Washer Hookup
Living Area
2,308
Lot Dimensions
100 X 110 M
Number Of Stories
2
Roofing Material
Shingle
Sewer System
Public Sewer
Subdivision
N/A
Tax Amount
$3,332
Water Source
Public
Year Built
2008
Zoning
COM
Type
Multifamily

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Calculator source: Real Geeks

Listing courtesy of Elam Real Estate.

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