Four-Duplex Residential Income
For Sale
$1,250,000
Pending
3229 Blue Springs Road, Strawberry Plains, TN 37871
MULTI_FAMILY - Strawberry Plains, TN
Property SizeContact for details
Lot Size1.30 Acres
Days on Market97
Property Features for 3229 Blue Springs Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Rooms
Bedroom 2, Bedroom 8, Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 7, Bedroom 6
Directions
From 11E turn onto Bruner road, then right onto Blue Springs Road, property on the left.
Standard status
Pending
APN
053 10200 000
Lot size
1.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
3229-3245 Blue Springs Rd
Tax Annual Amount
5350
Legal Description
3229-3245 Blue Springs Rd
Utilities
Heating system
Electric (Heating), Heat Pump (Heating), Central
Cooling system
Electric, Central Air
Building Details
Year built
1980
Floors in Building
2
Number of units
8
Building materials
Brick, Frame
Listing Agency:
Cook & Company Realty
(423) 552-0881
Listed By:
Jessee Cook · License #358637
(423) 552-0881
Added: May 1
Changed: Jul 25
Last Checked: Aug 4 at 11:06PM
MLS# 711349
Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property includes four separate duplexes on one lot, built between 1980 and 1984. The duplexes provide 8 total units, with unit sizes noted to range from 1,984 to 2,072 square feet. Seven of the eight units are currently leased, with six units configured as 2 bed and 1.5 bath, and the remaining two units described as 2 bed with 2 full baths.
The listing states that the 7 leased units are generating $8,900 gross per month, and the 8th unit is projected to generate approximately $1,200 more per month when leased. Rent roll information is available upon request, and additional interior photos can be provided upon request.
The property is described as having room on the lot for a fifth duplex to be built as well.
The listing states that the 7 leased units are generating $8,900 gross per month, and the 8th unit is projected to generate approximately $1,200 more per month when leased. Rent roll information is available upon request, and additional interior photos can be provided upon request.
The property is described as having room on the lot for a fifth duplex to be built as well.
Key Highlights
- Four separate duplexes on one lot built between 1980 and 1984, brick and frame construction
- 8 total units, ranging from 1,984 to 2,072 SF per unit
- 7 of 8 units currently leased; total leased gross is $8,900 per month
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
87.5%
Occupancy
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Four separate duplexes built between 1980 and 1984 offer 8 total units on one lot in Strawberry Plains.
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 $1,250,000.
What are key features of this property?
This property features: Four separate duplexes on one lot built between 1980 and 1984, brick and frame construction; 8 total units, ranging from 1,984 to 2,072 SF per unit; 7 of 8 units currently leased; total leased gross is $8,900 per month
