Building Details

Year Built 1979

Units 1

Listing Agency: RentalCity s***@renshawcompany.com Show Phone

Listed By: Seth Rodgers · License #370060

Source: Crexi

Added: May 31 Changed: Aug 8 Last Checked: Aug 10 at 10:17AM

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Investment Insights

Based on property information with market context.

This fully remodeled duplex includes a 2BR/1BA unit and a 1BR/1BA unit, offering separate living spaces under one property. Improvements throughout the home include all new flooring, fresh paint, new siding, and updated kitchen elements such as new cabinets, a new stove/range, and a new microwave with vent hood. The property also features 3 new mini-split units for heating and cooling, along with 2 new water heaters to support day-to-day comfort and reliability.

Set on 1.1 acres in Friendship, TN, the duplex benefits from convenient access to local amenities and Highway 412. With two units in place, the layout supports a straightforward rental setup for an owner-operator or investor looking for manageable, repeatable living arrangements.

For tenants or buyers seeking a turnkey property, this duplex is positioned to move forward with minimal immediate updates. The combination of updated interiors, newer systems, and two separate unit configurations can simplify leasing and ongoing maintenance compared with managing a heavily deferred property. Overall, it’s a practical option for those who want a remodeled duplex with modernized core components and ready-to-rent unit appeal.

Key Highlights

• Fully remodeled duplex on 1.1 acres in Friendship, TN (built 1979)
• Unit mix: one 2BR/1BA unit and one 1BR/1BA unit
• Major updates include new flooring, fresh paint, and new siding

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Garden Center Furniture & Home Goods Bakery Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

52

Businesses Nearby

Explore this area Business Placement

Demographics for 38034, TN

2,783

Population

1,449

Households

1.9

Avg Household Size

44

Median Age

15%

College-Educated

84%

High-School Grad

102.9 sq mi

ZIP Area

27

Density / Sq Mi

$48,875

Median Household Income

$35,613

Median Earnings

$738

Median Rent

$131,800

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Fully Remodeled Duplex Property

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Frequently Asked Questions

What type of property is this?

Duplex - Two remodeled rental units on over an acre with new finishes, siding, and efficient mini-split heating/cooling.

Where is this duplex located?

The property is located at 172/174 Cedar Street Friendship, TN.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: Fully remodeled duplex on 1.1 acres in Friendship, TN (built 1979); Unit mix: one 2BR/1BA unit and one 1BR/1BA unit; Major updates include new flooring, fresh paint, and new siding