$325,000
$15K PRICE DROP

309 Indian Mound Rd Manchester, TN 37355

Estimated payment $1,871/month

Total Views 28,831
4 Beds
-- Bath
1,501 Sq Ft
$217 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

Income-Producing Duplex in High-Demand Location: Here’s your chance to acquire a fully leased, income-generating duplex with immediate cash flow and modern upgrades. Each side offers 2 beds, 1 full bath, large laundry rooms, and generous living space—perfect for tenants seeking comfort and convenience. Renovations include stylish flooring, new paint, updated fixtures, and included appliances, ensuring low ongoing maintenance. Located near I-24 with fast access to Arnold Air Force Base, UTSI, Nissan, and popular distilleries like Jack Daniels and Income-Producing Duplex in High-Demand Location: Nearest Green, this area continues to attract stable renters. Whether you’re a seasoned investor or exploring house-hacking options, this property offers flexibility, location, and performance. No HOA, great tenant history, and excellent connectivity to major cities like Nashville and Chattanooga. Don’t miss this chance—immediate income and long-term value await. Showings by appointment only with proof of funds or pre-approval. Please respect tenant privacy. Contact dtrice@realtracs.com for more info.

Listing Agent

Deborah Trice

BHGRE Baker & Cole Brokerage Phone: 9315818842 License #366126 Listed on: 06/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 100x150

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 1,501 Sq Ft Home
  • Property has 1 Level

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • College Street Elementary School
  • West Middle School
  • Coffee County Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 067P C 01700 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ewell Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $2,400
  • Net Operating Income $2,399

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,198

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1986
  • Inclusions: Appliances
  • Unit Levels: One
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Attribution Contact: 9315818842
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Other
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1501
  • Building Area Units: Square Feet
  • Living Area: 1501
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RES
  • Lot Size: 100X150
  • Lot Size Units: Acres
  • Parcel #: 067P C 01700 000
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: None
  • HOA Rent Includes: None
  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 2400
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 2399
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 2400

Tax Info

  • Tax Annual Amount: 1198

MLS Schools

  • Elementary School: College Street Elementary
  • High School: Coffee County Central High School
  • Middle Or Junior School: West Middle School

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,392 $33,000 $3,640 $29,360
2023 $1,392 $33,000 $0 $0
2022 $1,198 $33,000 $3,640 $29,360
2021 $1,162 $25,360 $2,800 $22,560
2020 $1,162 $25,360 $2,800 $22,560
2019 $1,162 $25,360 $2,800 $22,560
2018 $1,162 $25,360 $2,800 $22,560
2017 $1,282 $24,440 $2,800 $21,640
2016 $1,282 $24,440 $2,800 $21,640
2015 $1,282 $24,440 $2,800 $21,640
2014 $1,282 $24,447 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $325,000 -3.0% $217 / Sq Ft
06/15/2025 06/15/25 Price Changed $335,000 -1.5% $223 / Sq Ft
06/03/2025 06/03/25 For Sale $340,000 -16.3% $227 / Sq Ft
07/25/2024 07/25/24 Sold $406,000 -3.3% $141 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $420,000 +100.0% $146 / Sq Ft
05/24/2024 05/24/24 For Sale $210,000 -48.3% $73 / Sq Ft
05/11/2024 05/11/24 Off Market $406,000 -- --
05/01/2024 05/01/24 For Sale $210,000 -- $73 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $402,000 Absolute Title & Escrow
Deed $79,500 --
Warranty Deed $3,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $321,600 New Conventional
Previous Owner $71,550 No Value Available
Source: Public Records

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Source: Realtracs

MLS Number: 2900201

Realtracs

APN: 067P-C-017.00