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32-Unit Apartment Community
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3020 S Rutherford Blvd, Murfreesboro, TN 37130

Multifamily property near Middle Tennessee State University with renovated interiors and resident-oriented unit features.

Property SizeContact for details
Days on Market141

Property Features for 3020 S Rutherford Blvd

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 32 x 2BR/2BA
Multifamily Units 32

Amenities

washer/dryer hookups
walk-in closets
kitchen appliances
central heating and air
ceiling fans
private patio
individual water and electric meters
video security system
Listing Agency: Sands Investment Group Charleston
Listed By: Rob Lyons · License #TN 346285
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 3:21PM

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 Sands Investment Group Charleston

Investment Insights

Based on property information with market context.

Redwood Park Apartments is a 32-unit multifamily property at 3020 S Rutherford Blvd in Murfreesboro, Tennessee. The community offers two-bedroom, two-bathroom apartments measuring 951 square feet each. Unit features include washer and dryer hookups, walk-in closets, kitchen appliances, central heating and air, ceiling fans, private patios, and separate water and electric metering.

Renovations completed as apartments became available include laminate flooring, new carpeting in the bedrooms, and granite countertops. A video security system was added in 2021. The property sits less than 1/3 of a mile from Middle Tennessee State University, whose campus serves 25,000 students, and is minutes from shopping, restaurants, entertainment, and historic downtown Murfreesboro.

Key Highlights

  • 32‑unit apartment community in Murfreesboro, Tennessee
  • Each apartment contains 951 square feet with 2 bedrooms and 2 bathrooms
  • Less than 1/3 of a mile from Middle Tennessee State University

Property Analytics

Current Use

Redwood Park Apts Apartment Building J Squared Graphics Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store

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

Lease Details

32
Residential units

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 37130, TN

59,677
Population
25,838
Households
2.3
Avg Household Size
32
Median Age
37%
College-Educated
91%
High-School Grad
54.1 sq mi
ZIP Area
1,103
Density / Sq Mi
$60,389
Median Household Income
$37,710
Median Earnings
$1,157
Median Rent
$347,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property near Middle Tennessee State University with renovated interiors and resident-oriented unit features.
Where is this apartment building located?
The property is located at 3020 S Rutherford Blvd Murfreesboro, TN.
What are key features of this property?
This property features: 32‑unit apartment community in Murfreesboro, Tennessee; Each apartment contains 951 square feet with 2 bedrooms and 2 bathrooms; Less than 1/3 of a mile from Middle Tennessee State University
More about this property
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