$355,000
$31K PRICE DROP

207 Main St Troy, TN 38260

Estimated payment $2,089/month

Total Views 6,832
-- Bed
-- Bath
4,800 Sq Ft
$74 Price per Sq Ft

Highlights

  • Popular Property
  • Ceiling Fan
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

Attention investors! Don't miss this rare opportunity to own a two-property, six-unit rental package located at 207 & 215 Main St. in Troy, TN, currently generating over $4,800 per month in rental income. This investment includes a quadplex at 207 Main and a duplex at 215 Main, both featuring brand-new roofs installed in August. Each unit offers 2 bedrooms, 1 bathroom, in-unit laundry hookups, and individual HVAC systems, giving tenants modern comfort and independence. Recent updates include flooring, lighting, kitchens, HVAC repairs, plumbing, and more, ensuring long-term durability and minimal maintenance. All tenants are on year leases and pay their own utilities, maximizing investor cash flow. Located in a strong rental demand area, this package is a perfect turnkey investment with immediate income and future growth potential.

Listing Agent

Dylan Jones

Southern LifeStyle Properties License #366978 Listed on: 09/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 1994

Home Design

  • Quadruplex
  • Combination Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Electric Oven
  • Washer and Electric Dryer Hookup

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Additional Features

  • 7,841 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for pest control
  • Assessor Parcel Number 093G E 006.00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,769

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • Property Sub-Type: Quadruplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Phone: 731-613-2354
  • MLS Status: Active
  • Unit Levels: One
  • Location Tax and Legal:Tax Annual Amount: 2769.06
  • Location Tax and Legal Parcel Number2: 093G E 006.00
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Dimensions: 45X80 & 62X70
  • General Property Information:Stories Total: 1
  • Currently Not Used Cooling YN: Yes
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Currently Not Used Heating YN: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Foundation Details Combination: Yes
  • Roof:Shingle2: Yes
  • General Property Information Number Of Units Total2: 6.0
  • General Property Information Number Of Buildings2: 2.0
  • Unit Details Number Of Units Leased: 6
  • Meter Information Number Of Separate Electric Meters: 6
  • Meter Information Number Of Separate Water Meters: 6
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Electric Oven, Refrigerator
  • Flooring: Laminate
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Foundation Details: Combination
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 6.0
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • HeatingCooling:Electric: Yes

Lot Info

  • Parcel Number: 093G E 006.00
  • Lot Dimensions: 45X80 & 62X70
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Pest Control

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 6
  • Tenant Pays: All Utilities
  • Total Actual Rent: 4870.0

Tax Info

  • Tax Annual Amount: 2769.06

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2025 10/20/25 Price Changed $355,000 -7.9% $74 / Sq Ft
09/10/2025 09/10/25 For Sale $385,500 +299.5% $80 / Sq Ft
07/10/2025 07/10/25 Sold $96,500 -30.6% $34 / Sq Ft View Prior Sale
05/15/2025 05/15/25 For Sale $139,000 -- $50 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

About the Listing Agent

Dylan Jones

Southern LifeStyle Properties

(731) 361-8038

Section Image

As a lifelong Tennessee resident, Dylan Jones has a deep-rooted passion for helping individuals and families achieve their real estate dreams. Whether you're a seller looking maximize your investment, a growing family in need of more space, or a first time homebuyer, Dylan is committed to making the process smooth, successful, and stress-free.

Dylan’s journey into real estate began at a young age, but his drive and determination sets him apart. Before becoming a realtor, he gained

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Source: Central West Tennessee Association of REALTORS®

MLS Number: 2504363

Central West Tennessee Association of REALTORS®