Duplex with Mountain
For Sale
$320,000
1080 Main Street S, Dunlap, TN 37327
Two-unit residential property within city limits, suitable for rental use or an owner-occupied residence.
Property Size2,688 SF
Price / SF$119.05
Days on Market58
Property Features for 1080 Main Street S
General Information
Standard status
Active
Size
2,688 SF
Property subtype
Multi-Family
Building Details
Year Built
2006
Listing Agency:
Century 21 Professional Group
Listed By:
Christy Cartwright · License #288190
(423) 834-6545
Source:
Grayfoxrealty
Added: Aug 24
Changed: Oct 1
Last Checked: Oct 7 at 5:48PM
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 Century 21 Professional Group
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Investment Insights
Based on property information with market context.
This duplex offers a two-unit residential configuration with a stated property size of 2,688. The layout supports either rental use or occupancy by an owner seeking a residence within the city limits.
Mountain views add a notable physical feature, while the property’s address places it at 1080 Main St S in Dunlap, Tennessee. The asset is positioned for consideration as a residential income property or a primary home with rental functionality.
Mountain views add a notable physical feature, while the property’s address places it at 1080 Main St S in Dunlap, Tennessee. The asset is positioned for consideration as a residential income property or a primary home with rental functionality.
Key Highlights
- Duplex configuration for rental or owner‑occupant use
- Mountain views
- Located within the city limits
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,389
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,780
$527.8K
Cap Rate 7%
$376,986
$377.0K
Cap Rate 9%
$293,211
$293.2K
Market Conditions
NOI Build-Up for 2,688 SF
Gross rent
$40.3K $15.00/SF
− Vacancy
−$2.6K −$0.98/SF
EGI
$37.7K $14.03/SF
− OpEx
−$11.3K −$4.21/SF
NOI
$26.4K $9.82/SF
Area
Sequatchie County, TN
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,780
Cap Rate 7%
$376,986
Cap Rate 9%
$293,211
Alternative Uses
Best Use
Multifamily LT 5
$377.0K
$329.9K – $439.8K
NOI $26,389 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$338.3K
$296.0K – $394.7K
NOI $23,680 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$593.7K
$519.5K – $692.6K
NOI $41,556 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
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Business Placement
Demographics for 37327, TN
12,412
Population
5,319
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
81%
High-School Grad
191.4 sq mi
ZIP Area
65
Density / Sq Mi
$51,862
Median Household Income
$28,990
Median Earnings
$843
Median Rent
$217,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property within city limits, suitable for rental use or an owner-occupied residence.
Where is this duplex located?
The property is located at 1080 Main Street S Dunlap, TN.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Duplex configuration for rental or owner‑occupant use; Mountain views; Located within the city limits
