Residential Income
For Sale
$1,850,000
520 N Maple St, Murfreesboro, TN 37130
Completed in 2025, the property has central air, central electric, and an attached garage.
Property Size7,366 SF
Price / SF$251.15
Days on Market10
Property Features for 520 N Maple St
General Information
Standard status
Active
Size
7,366 SF
Total Parking Spaces
13
Property subtype
Residential Income
Zoning
Res-HPR
Taxes and HOA fees
Annual Taxes
$389
Amenities
Central Air
Central, Electric
City
Garage Faces Front, Parking Pad, Attached
Building Details
Building Size
7,366 SF
Year Built
2025
Stories
3
Listing Agency:
ONWARD REAL ESTATE
Listed By:
Savannah C. Blackwelder
(615) 631-1921
Source:
Evrealestate
Added: Sep 28
Changed: Sep 30
Last Checked: Oct 7 at 12:46PM
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 ONWARD REAL ESTATE
Investment Insights
Based on property information with market context.
Located at 520 N Maple St in Murfreesboro, this residential income property was built in 2025. Interior features include central air and central electric. Exterior amenities include an attached garage with front-facing access and a parking pad.
The property is zoned Res-HPR and is in Rutherford County.
The property is zoned Res-HPR and is in Rutherford County.
Key Highlights
- Built in 2025
- Zoned Res‑HPR
- Central air and central electric
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,502
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,210,040
$1.2M
Cap Rate 7%
$864,314
$864.3K
Cap Rate 9%
$672,244
$672.2K
Market Conditions
NOI Build-Up for 7,366 SF
Gross rent
$115.8K $15.72/SF
− Vacancy
−$5.8K −$0.79/SF
EGI
$110.0K $14.93/SF
− OpEx
−$49.5K −$6.72/SF
NOI
$60.5K $8.21/SF
Area
Murfreesboro, TN
Vacancy
5.00%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,210,040
Cap Rate 7%
$864,314
Cap Rate 9%
$672,244
Alternative Uses
Best Use
Apartment 5plus
$864.3K
$756.3K – $1.01M
NOI $60,502 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.62M – $2.17M
NOI $129,989 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,416
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Completed in 2025, the property has central air, central electric, and an attached garage.
Where is this residential income property located?
The property is located at 520 N Maple St Murfreesboro, TN.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Built in 2025; Zoned Res‑HPR; Central air and central electric
