Updated Brick
For Sale
$369,000
211 Hunter Dr, Columbia, TN 38401
Each residence offers two bedrooms, one bathroom, and private outdoor space.
Property Size2,102 SF
Price / SF$175.55
Days on Market51
Property Features for 211 Hunter Dr
General Information
Standard status
Active
Size
2,102 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Average Monthly Rent
$1,250
Amenities
private driveway
backyard
private patio
storage shed
Building Details
Year Built
1984
Buildings
1
Construction
brick
Listing Agency:
Steve Cothran Realty, LLC
Listed By:
Richard M. Dickson
(615) 496-7425
Source:
Dreamdoorstn
Added: Aug 19
Changed: Sep 18
Last Checked: Oct 7 at 4:21PM
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 Steve Cothran Realty, LLC
Investment Insights
Based on property information with market context.
This 2,102-square-foot duplex contains two residences, with 1,050 square feet per unit. Each side includes two bedrooms and one bathroom, along with a private driveway, backyard, patio, and storage shed. The all-brick building received a complete interior rehabilitation and a new roof 6 years ago.
The property is located minutes from Maury Regional Hospital in Columbia, Tennessee. Separate outdoor areas and storage support practical day-to-day use for both residences, while the two-unit layout provides flexibility for an owner-occupant or separate residential tenancy.
The property is located minutes from Maury Regional Hospital in Columbia, Tennessee. Separate outdoor areas and storage support practical day-to-day use for both residences, while the two-unit layout provides flexibility for an owner-occupant or separate residential tenancy.
Key Highlights
- 2,102‑square‑foot duplex with two 1,050‑square‑foot units
- Each unit includes 2 bedrooms and 1 bathroom
- All‑brick construction with a new roof installed 6 years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,539
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,780
$410.8K
Cap Rate 7%
$293,414
$293.4K
Cap Rate 9%
$228,211
$228.2K
Market Conditions
NOI Build-Up for 2,102 SF
Gross rent
$29.8K $14.16/SF
− Vacancy
−$423 −$0.20/SF
EGI
$29.3K $13.96/SF
− OpEx
−$8.8K −$4.19/SF
NOI
$20.5K $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%
$410,780
Cap Rate 7%
$293,414
Cap Rate 9%
$228,211
Alternative Uses
Best Use
Multifamily LT 5
$293.4K
$256.7K – $342.3K
NOI $20,539 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$255.7K
$223.8K – $298.4K
NOI $17,901 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$616.2K
$539.2K – $718.9K
NOI $43,133 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
95
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, one bathroom, and private outdoor space.
Where is this duplex located?
The property is located at 211 Hunter Dr Columbia, TN.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 2,102‑square‑foot duplex with two 1,050‑square‑foot units; Each unit includes 2 bedrooms and 1 bathroom; All‑brick construction with a new roof installed 6 years ago
