Two-Unit Duplex Income
2010 Bartway Dr Murfreesboro, TN 37130
2010 Bartway Dr, Murfreesboro, TN, 37130
$399,999
Pending
For Sale
$399,999
Pending
Duplex with two 2-bedroom, 1-bath units, one currently owner-occupied with month-to-month tenancy.
Property Size2,115 SF
Days on Market516
Property Features for 2010 Bartway Dr
General Information
- Standard status
- Pending
- Size
- 2,115 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1968
Listing agency
Coldwell Banker Southern Realty
(931) 607-2329
Listed by
Daniel Curtis · License #352218
(931) 607-2329
Source
Exitrealty
Added: Feb 20, 2025 Updated: Jul 21 at 6:04PM Checked: Jul 21 at 6:04PM
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 Southern Realty
Investment Insights
Based on property information with market context.
This duplex for sale includes two separate 2-bedroom, 1-bath units. Unit 2010 is currently occupied with a month-to-month lease. Unit 2012 is currently rented, and photos reflect the condition of 2012, which is described as more updated than 2010.
The property offers quick access to Rutherford Blvd and Middle Tennessee Blvd, and it is described as having mature trees and a shaded yard. Both sides are configured similarly as 2-bedroom, 1-bath residences.
The seller notes that with updates, each side could support rental income at the current stated levels for unit 2012. The property is presented as a residential income opportunity with an in-place occupancy mix.
The property offers quick access to Rutherford Blvd and Middle Tennessee Blvd, and it is described as having mature trees and a shaded yard. Both sides are configured similarly as 2-bedroom, 1-bath residences.
The seller notes that with updates, each side could support rental income at the current stated levels for unit 2012. The property is presented as a residential income opportunity with an in-place occupancy mix.
Key Highlights
- 1968‑built duplex with two 2‑bedroom, 1‑bath units
- 2010 unit is month‑to‑month occupied at $850/month
- 2012 unit is rented at $1,250/month
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.2k | $13.80 |
| − Vacancy | −$1.6k | −$0.76 |
| EGI | $27.6k | $13.04 |
| − OpEx | −$8.3k | −$3.91 |
| NOI | $19.3k | $9.13 |
2,115 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$275.8K
$241.3K – $321.8K
NOI $19,307 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$248.2K
$217.2K – $289.5K
NOI $17,372 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$533.2K
$466.6K – $622.1K
NOI $37,324 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units, one currently owner-occupied with month-to-month tenancy.
Where is this duplex located?
The property is located at 2010 Bartway Dr Murfreesboro, TN.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: 1968‑built duplex with two 2‑bedroom, 1‑bath units; 2010 unit is month‑to‑month occupied at $850/month; 2012 unit is rented at $1,250/month
