1003 Cumberland St Unit 1005 Decherd, TN 37324
Estimated payment $1,397/month
Highlights
- No HOA
- Central Heating
- Property has 1 Level
- Cooling Available
- Carpet
About This Home
INVESTMENT OPPORTUNITY! Great duplex with 2 bedroom/ 1 bath in each unit. Unit#1003 has fresh paint, luxury vinyl flooring, new water heater and HVAC is 1 year old. This unit is also on a 12 month lease. Unit # 1005 has a new water heater and a 3 year old HVAC and is on a month to month lease. This unit can be purchased individually or can be combined with a total of 5 units for a discounted price! Call Jackson (931-691-6797) or Ashley (931-636-2205) for more information.
Listing Agent
Lynch Rigsby Realty & Auction, LLC Brokerage Phone: 9316916797 License #381272 Listed on: 08/20/2025
Co-Listing Agent
Lynch Rigsby Realty & Auction, LLC Brokerage Phone: 9316916797 License # 321199
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,501
Year Built
- Built in 1988
Lot Details
- Lot Dimensions are 80x125
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 4 Bedrooms
- 1,632 Sq Ft Home
- Property has 1 Level
Flooring
- Carpet
- Laminate
Schools
- Decherd Elementary School
- North Middle School
- Franklin Co High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 056P G 02800 000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Sunshine Village Ph I Subdivision
Building Details
- Operating Expense $1,369
- Gross Income $15,420
- Net Operating Income $14,051
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $50,600 | $6,000 | $44,600 |
| 2023 | $1,369 | $49,720 | $6,000 | $43,720 |
| 2022 | $1,294 | $49,720 | $6,000 | $43,720 |
| 2021 | $791 | $49,720 | $6,000 | $43,720 |
| 2020 | $1,131 | $28,200 | $3,400 | $24,800 |
| 2019 | $1,131 | $28,200 | $3,400 | $24,800 |
| 2018 | $1,073 | $28,200 | $3,400 | $24,800 |
| 2017 | $1,073 | $28,200 | $3,400 | $24,800 |
| 2016 | $973 | $25,560 | $3,400 | $22,160 |
| 2015 | $973 | $25,560 | $3,400 | $22,160 |
| 2014 | $973 | $25,554 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $239,000 | -- | $146 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $690,000 | Southern Tennessee T&E Llc | |
| Warranty Deed | $63,000 | -- | |
| Warranty Deed | $4,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $586,500 | Commercial |
Source: Realtracs
MLS Number: 2978377
APN: 056P-G-028.00
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