Brick Duplex with
For Sale
$349,900
105 Sharon Cir, Columbia, TN 38401
Full-brick duplex with separate two-bedroom units, individual HVAC, supplied appliances, and a level yard.
Property Size1,750 SF
Price / SF$199.94
Days on Market59
Property Features for 105 Sharon Cir
General Information
Standard status
Active
Size
1,750 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
washer/dryer
Building Details
Year Built
1963
Buildings
1
Construction
brick
Listing Agency:
Coldwell Banker Pinnacle Properties
Listed By:
Roxanne Howell · License #000134558
(931) 626-2296
Source:
Grayfoxrealty
Added: Aug 13
Changed: Sep 10
Last Checked: Oct 7 at 5:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Pinnacle Properties
Investment Insights
Based on property information with market context.
Located at 105 Sharon Cir in Columbia, TN, this 1,750-square-foot duplex contains two full-brick residential units. Each side offers two bedrooms, a bathroom, an eat-in kitchen, hardwood flooring, and a generously sized living area. Both units are equipped with HVAC, kitchen appliances, and a washer and dryer.
The property includes a large, level yard. One unit features a basement and one-car garage, while the other is built over a crawl space. One side is currently rented and requires notice for access; the second unit is vacant and may be shown with agent approval. The vacant side is the unit with the basement.
The property includes a large, level yard. One unit features a basement and one-car garage, while the other is built over a crawl space. One side is currently rented and requires notice for access; the second unit is vacant and may be shown with agent approval. The vacant side is the unit with the basement.
Key Highlights
- 1,750‑square‑foot full‑brick duplex
- Two units, each with 2 bedrooms, an eat‑in kitchen, and a bath
- Hardwood floors and large living areas in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,100
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,000
$342.0K
Cap Rate 7%
$244,286
$244.3K
Cap Rate 9%
$190,000
$190.0K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$24.8K $14.16/SF
− Vacancy
−$352 −$0.20/SF
EGI
$24.4K $13.96/SF
− OpEx
−$7.3K −$4.19/SF
NOI
$17.1K $9.77/SF
Area
Maury County, TN
Vacancy
1.42%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,000
Cap Rate 7%
$244,286
Cap Rate 9%
$190,000
Alternative Uses
Best Use
Multifamily LT 5
$244.3K
$213.8K – $285.0K
NOI $17,100 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$212.9K
$186.3K – $248.4K
NOI $14,904 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$513.0K
$448.9K – $598.5K
NOI $35,910 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
Explore this area
Business Placement
Demographics for 38401, TN
63,075
Population
28,470
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
92%
High-School Grad
296.7 sq mi
ZIP Area
213
Density / Sq Mi
$69,467
Median Household Income
$42,314
Median Earnings
$1,084
Median Rent
$295,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Full-brick duplex with separate two-bedroom units, individual HVAC, supplied appliances, and a level yard.
Where is this duplex located?
The property is located at 105 Sharon Cir Columbia, TN.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1,750‑square‑foot full‑brick duplex; Two units, each with 2 bedrooms, an eat‑in kitchen, and a bath; Hardwood floors and large living areas in both units
