309 Indian Mound Rd Manchester, TN 37355
Listing Courtesy of: REALTRACS / Better Homes And Gardens Real Estate Baker & Cole / Deborah Trice

  309 Indian Mound Rd Manchester, TN 37355

Active (33 Days)
$335,000

Description

Turnkey Investment Opportunity! This newly renovated duplex is fully occupied with both units leased at $1,200/month, generating $2,400 in gross monthly income ($28,800 annually). Each unit features 2 bedrooms, 1 full bathroom, a large laundry room with appliances included, and a spacious, functional layout that tenants love. Renovations include updated flooring, paint, fixtures, and more—providing a low-maintenance property with strong rental appeal. Located in a high-demand area just off I-24, this property offers quick access to Arnold Air Force Base, UTSI, Nissan, and surrounding employment hubs. It’s just minutes from Jack Daniels, Nearest Green, and George Dickel Distilleries, making it an attractive area for long-term tenants and short-term professionals alike. With steady occupancy, modern updates, and a location that continues to grow in value, this property is ideal for investors seeking immediate cash flow with minimal upfront costs. The duplex also presents an excellent house-hacking opportunity—live in one side and rent the other—or hold as a fully leased income-producing asset. Fully leased – Start Earning Day 1, Updated Interiors – Private laundry in each unit, Excellent access to Nashville, Chattanooga, Huntsville, Stable rental history with potential for future rental growth, No HOA. Please do not disturb tenants. Showings scheduled by appointment only with proof of funds or pre-approval. For lease details or questions, contact listing agent at dtrice@realtracs.com.

MLS #:
RTC2900201
Taxes
$1,198
Type
Multifamily
Year Built
1986
County
Coffee County

Listed By

Deborah Trice, Better Homes And Gardens Real Estate Baker & Cole
Source
REALTRACS as distributed by MLS Grid
Last checked Jul 7 2025 at 4:33 PM GMT+0000
Bathroom Details
Subdivision
  • Ewell
Heating and Cooling
  • Electric
  • Central Air
Flooring
  • Other
Exterior Features
  • Vinyl Siding
  • Roof: Shingle
Utility Information
  • Utilities: Electricity Available, Water Available
  • Sewer: Public Sewer
School Information
  • Elementary School: College Street Elementary
  • Middle School: West Middle School
  • High School: Coffee County Central High School
Stories
  • 0
Living Area
  • 1,501 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 7/7/25 09:33. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.