One-Level Duplex with
For Sale
$325,000
526 Woods Dr, Columbia, TN 38401
Side-by-side units include full basement garages and washer/dryer hookups on both sides.
Property Size1,680 SF
Price / SF$193.45
Days on Market81
Property Features for 526 Woods Dr
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Multi-Family
Occupancy
100%
Property Condition
Severity
Repairs Needed
Evidence
Needs a little updating
Additional Details
Multifamily Units
2
Amenities
garage
washer/dryer hook-ups
Building Details
Year Built
1985
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Crye-Leike, Inc., REALTORS
Listed By:
JIMMY D. DUGGER BROKER VICE PRESIDENT · License #244191
(931) 540-8400
Source:
Shearonsellsteam
Added: Jul 25
Changed: Oct 13
Last Checked: Oct 7 at 1:10PM
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 Crye-Leike, Inc., REALTORS
Investment Insights
Based on property information with market context.
This one-level duplex contains two side-by-side residences within a 1,680-square-foot property built in 1985. Each unit has its own full basement garage with washer/dryer hookups. The property is being offered in as-is condition and would benefit from updating.
Both sides are occupied by long-term tenants who have expressed interest in remaining. The duplex is located on Woods Dr in Columbia, Tennessee, with shopping, hospitals, churches, and restaurants referenced nearby. The layout provides two separate units, allowing the property to continue as a rental or accommodate an owner-occupant in one side while leasing the other.
Both sides are occupied by long-term tenants who have expressed interest in remaining. The duplex is located on Woods Dr in Columbia, Tennessee, with shopping, hospitals, churches, and restaurants referenced nearby. The layout provides two separate units, allowing the property to continue as a rental or accommodate an owner-occupant in one side while leasing the other.
Key Highlights
- Two side‑by‑side units in a one‑level duplex
- 1,680‑square‑foot property built in 1985
- Full basement garage serving each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,416
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,320
$328.3K
Cap Rate 7%
$234,514
$234.5K
Cap Rate 9%
$182,400
$182.4K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$23.8K $14.16/SF
− Vacancy
−$338 −$0.20/SF
EGI
$23.5K $13.96/SF
− OpEx
−$7.0K −$4.19/SF
NOI
$16.4K $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%
$328,320
Cap Rate 7%
$234,514
Cap Rate 9%
$182,400
Alternative Uses
Best Use
Multifamily LT 5
$234.5K
$205.2K – $273.6K
NOI $16,416 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$204.4K
$178.8K – $238.5K
NOI $14,307 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$492.5K
$430.9K – $574.6K
NOI $34,474 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
159
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 - Side-by-side units include full basement garages and washer/dryer hookups on both sides.
Where is this duplex located?
The property is located at 526 Woods Dr Columbia, TN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two side‑by‑side units in a one‑level duplex; 1,680‑square‑foot property built in 1985; Full basement garage serving each unit
