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Four-Duplex Property
For Sale
$1,225,000
Pending

3229 Blue Springs Road, Strawberry Plains, TN 37871

Four separate residential buildings share one parcel zoned Commercial.

Property Size8,148 SF
Days on Market13

Property Features for 3229 Blue Springs Road

General Information

Standard status Pending
Size 8,148 SF
Property subtype Residential Income

Units

Unit Mix 6 x 2BR/1.5BA, 2 x 2BR/2BA
Multifamily Units 8

Additional Details

Gross Income $106,800
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,350

Amenities

4
Yes
9
1 Common Wall
No
2
8
True
8148.0
0.0
See Remarks
1.3
193/94/121/169/305/114/19
Paved
County Road

Building Details

Building Size 8,148 SF
Year Built 1980
Buildings 4
Stories 2
Listing Agency: Cook & Company Realty
Listed By: Jessee Cook · License #358637
Source: Greaterimpactrealty
Added: Oct 19 Changed: Oct 28 Last Checked: Oct 31 at 4:17AM

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 Cook & Company Realty

Rey
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Investment Insights

Based on property information with market context.

Four separate duplexes occupy one parcel, for a total of eight residential units. Six units have two bedrooms and one-and-a-half baths, while the other two each have two bedrooms and two full baths. Seven of the eight units are leased. The parcel carries Commercial zoning.

Key Highlights

  • Four duplexes on one parcel
  • Eight residential units total
  • Six units feature 2 bedrooms and 1.5 baths; two have 2 bedrooms and 2 full baths

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 37871, TN

9,245
Population
3,621
Households
2.6
Avg Household Size
43
Median Age
14%
College-Educated
90%
High-School Grad
39.1 sq mi
ZIP Area
236
Density / Sq Mi
$73,102
Median Household Income
$41,042
Median Earnings
$803
Median Rent
$190,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Four separate residential buildings share one parcel zoned Commercial.
Where is this duplex located?
The property is located at 3229 Blue Springs Road Strawberry Plains, TN.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Four duplexes on one parcel; Eight residential units total; Six units feature 2 bedrooms and 1.5 baths; two have 2 bedrooms and 2 full baths
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