909 Smith St, Murfreesboro, TN 37129
Local realty services provided by:ERA Chappell & Associates Realty & Rental
909 Smith St,Murfreesboro, TN 37129
$285,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: bree hewitt, nika rouhanifard
Office: compass
MLS#:3138317
Source:NASHVILLE
Price summary
- Price:$285,000
About this home
Incredible Investment Opportunity: 909 & 911 Smith St, Murfreesboro, TN
Capitalize on the explosive growth of Middle Tennessee with this high-potential duplex. Situated on a generous 0.34-acre lot, this property is a prime "value-add" play for investors looking to secure high-yield assets in a high-demand rental market.
Selling Points:
Large 0.34-Acre Lot: Ample space for parking and tenant privacy [1].
Massive Equity Ceiling: Recent area sales support high valuations for renovated products.
Strong Rental Demand: High-density area near MTSU with historically low vacancy rates [2].
Flexible Strategy: Ideal for a long-term hold, portfolio expansion, or a "house-hack."
Don’t miss this chance to acquire a rare multi-family asset in one of the fastest-growing cities in the country.
The Location Advantage
Perfectly positioned in the heart of Murfreesboro, this property offers unmatched convenience. It is located minutes from Middle Tennessee State University (MTSU) and the historic Murfreesboro Square [2]. Its proximity to major transit routes ensures a consistent tenant pool of students, professionals, and families.
Projected Performance (Post-Renovation)
With modern updates, this duplex is positioned to command top-of-market rates:
Projected Monthly Rent: $1,700 – $1,900 per unit ($3,400 – $3,800 total).
Annual Gross Income: Up to $45,600.
Market Comparables -
New construction duplexes in the immediate Murfreesboro area are currently setting new benchmarks for value. Recent sales for new-build duplexes have ranged from $485,000 to $540,000. Renovating this property allows investors to capture significant equity while staying well below the cost of new construction.
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Home facts
- Year built:1950
- Listing ID #:3138317
- Added:1 day(s) ago
- Updated:March 04, 2026 at 03:32 PM
Rooms and interior
- Flooring:Carpet, Vinyl
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Asphalt
- Year built:1950
- Construction Materials:Vinyl Siding
- Levels:2 Story
Schools
- High school:Rockvale High School
- Middle school:Rockvale Middle School
- Elementary school:Mitchell-Neilson Elementary
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$285,000
- Tax amount:$2,185
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