1011 Cumberland St Unit 1013 Decherd, TN 37324
Estimated payment $1,451/month
Highlights
- No HOA
- Carpet
- Property has 1 Level
- Central Heating and Cooling System
About This Home
INVESTMENT OPPORTUNITY! Great duplex with each unit featuring 2 bedrooms/1 bath. Unit#1011 has fresh paint and a 6 month HVAC. Unit#1013 has a 6 month HVAC unit. Both sides are on a month to month lease. This duplex can be purchased alone or can be combined with a total of 5 units for a discounted price. Call listing agent 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
- $1,676
Year Built
- Built in 1995
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 4 Bedrooms
- 1,742 Sq Ft Home
- Property has 1 Level
Flooring
- Carpet
- Laminate
Schools
- Decherd Elementary School
- North Middle School
- Franklin Co High School
Additional Features
- Lot Dimensions are 100x125
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 056P G 02501 000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Sunshine Village Ph I Subdivision
Building Details
- Operating Expense $1,675
- Gross Income $15,180
- Net Operating Income $13,505
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 | -- | $56,480 | $6,000 | $50,480 |
| 2023 | $1,556 | $56,480 | $6,000 | $50,480 |
| 2022 | $1,471 | $56,480 | $6,000 | $50,480 |
| 2021 | $951 | $56,480 | $6,000 | $50,480 |
| 2020 | $1,360 | $33,920 | $3,400 | $30,520 |
| 2019 | $1,369 | $33,920 | $3,400 | $30,520 |
| 2018 | $1,299 | $34,120 | $3,400 | $30,720 |
| 2017 | $1,302 | $34,120 | $3,400 | $30,720 |
| 2016 | $1,232 | $32,360 | $3,400 | $28,960 |
| 2015 | $1,232 | $32,360 | $3,400 | $28,960 |
| 2014 | $1,231 | $32,347 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $249,000 | -- | $143 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $690,000 | Southern Tennessee T&E Llc | |
| Warranty Deed | $277,500 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $68,500 | -- | |
| Deed | $65,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $586,500 | Commercial |
Source: Realtracs
MLS Number: 2978376
APN: 056P-G-025.01
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