All-Brick Duplex
713 Kent Dr Lebanon, TN 37087
713 Kent Dr, Lebanon, TN, 37087
$350,000
For Sale
$350,000
Turnkey all-brick duplex featuring two 2BR/1BA units with shared washer/dryer hookup and updated roof.
Property Size1,480 SF
Price / SF$236.49
Days on Market434
Property Features for 713 Kent Dr
General Information
- Standard status
- Active
- Size
- 1,480 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1967
Listing agency
Agee & Johnson Realty & Auction, Inc
(615) 585-5453
Listed by
Taylor Vandever · License #333220
(615) 585-5453
Source
Exitrealty
Added: May 16, 2025 Updated: Jul 22 at 10:23PM Checked: Jul 22 at 10:23PM
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 Agee & Johnson Realty & Auction, Inc
Investment Insights
Based on property information with market context.
An all-brick duplex offered turnkey and income-producing, with a current full rehab completed by the owner. The property has two separate 2BR/1BA units. Each unit is supported by updated infrastructure including a new roof from 2020. A shared washer/dryer hookup serves both units.
Tenants are responsible for electric, water, and sewer, while the landlord’s expenses are limited to lawn care and repairs. The property is located at 713 Kent Dr, Lebanon, TN.
This listing presents a straightforward duplex configuration designed for rental income from both units, with the combined gross income referenced in the remarks as $2,300 per month.
Tenants are responsible for electric, water, and sewer, while the landlord’s expenses are limited to lawn care and repairs. The property is located at 713 Kent Dr, Lebanon, TN.
This listing presents a straightforward duplex configuration designed for rental income from both units, with the combined gross income referenced in the remarks as $2,300 per month.
Key Highlights
- All‑brick duplex built in 1967 with two 2BR/1BA units
- Each unit rents for up to $1,150/month, for strong gross income potential
- New roof installed in 2020
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 | $26.5k | $17.88 |
| − Vacancy | −$1.5k | −$1.04 |
| EGI | $24.9k | $16.84 |
| − OpEx | −$7.5k | −$5.05 |
| NOI | $17.4k | $11.79 |
1,480 SF · lease $17.88/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$249.3K
$218.1K – $290.8K
NOI $17,449 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$231.5K
$202.6K – $270.1K
NOI $16,205 @ 7.0% cap · market cap 4.63%
Theoretical Best
Warehouse
$1.94M
$1.70M – $2.26M
NOI $135,853 @ 7.0% cap · market cap 38.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Turnkey all-brick duplex featuring two 2BR/1BA units with shared washer/dryer hookup and updated roof.
Where is this duplex located?
The property is located at 713 Kent Dr Lebanon, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: All‑brick duplex built in 1967 with two 2BR/1BA units; Each unit rents for up to $1,150/month, for strong gross income potential; New roof installed in 2020
