$225,000
$24K PRICE DROP

4551 Highway 13 S Waverly, TN 37185

Estimated payment $1,192/month

Total Views 2,393
5 Beds
-- Bath
2,352 Sq Ft
$96 Price per Sq Ft

Highlights

  • No HOA
  • Views
  • Property has 1 Level
  • Cooling System Mounted To A Wall/Window
  • Two Heating Systems

About This Home

UNIQUE RENTAL PROPERTY!! Consisting of one Duplex A & B Studio Apartments w/ Kitchenette Full Bath & Living Area Appx. 600 sq. ft. ea., and One Mobile Home w/ 3 Br, 2 Bath w/ 1152+/- sq. ft. Renters pay their own utilities except City Water Bill (Appx $75 for all 3 units) New Septic and Lines Appx. one yr. New Metal Roofs (even on Storage Building 16x10). Duplex has AC w/Heat and Air, Mobile has Central Unit. All have parking areas. All Units are in Great Shape, Renovated with in the last 36 months. Property includes Lot of Appx 0.66 acres and the Storage building Conveys with Property(10x16 Plumbed). Income producing property!

Listing Agent

Tracy Dreaden

Neighborhood Realtors Brokerage Phone: 9312963131 License # 225679 Listed on: 07/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $48

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 140 x250

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 5 Bedrooms
  • 2,352 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Fire and Smoke Detector
  • Property Views

Schools

  • Waverly Elementary School
  • Waverly Jr High Middle School
  • Waverly Central High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Two Heating Systems
  • Central Heating
  • Private Sewer

Listing and Financial Details

  • The owner pays for water
  • Rent includes water
  • Assessor Parcel Number 095 00700 000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $75
  • Gross Income $2,190
  • Net Operating Income $2,115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$48

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1991
  • Inclusions: Appliances
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: Existing
  • Attribution Contact: 9312963131
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Total Bedrooms: 5
  • Above Grade Finished Sq Ft: 2352
  • Building Area Units: Square Feet
  • Living Area: 2352
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • Roof: Metal
  • View: Valley
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Dual
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Fire Alarm
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: Resd.
  • Lot Size: 140 X250
  • Lot Size Units: Acres
  • Parcel #: 095 00700 000
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Water
  • HOA Rent Includes: Water
  • Tenant Pays: Electricity, Other, Trash Collection

Multi Family

  • Gross Income: 2190
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 2115
  • Number Of Units Total: 3
  • Annual Operating Expense: 75
  • Total Actual Rent: 2190

Tax Info

  • Tax Annual Amount: 48

MLS Schools

  • Elementary School: Waverly Elementary
  • High School: Waverly Central High School
  • Middle Or Junior School: Waverly Jr High School

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

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 $48 $2,625 $1,800 $825
2023 $48 $2,625 $1,800 $825
2022 $83 $3,800 $2,800 $1,000
2021 $83 $3,800 $2,800 $1,000
2020 $83 $3,800 $2,800 $1,000
2019 $55 $2,700 $1,875 $825
2018 $55 $2,700 $1,875 $825
2017 $55 $2,700 $1,875 $825
2016 $59 $2,700 $1,875 $825
2015 $59 $2,700 $1,875 $825
2014 $60 $2,707 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $225,000 0.0% $96 / Sq Ft
09/10/2025 09/10/25 For Sale $225,000 -6.2% $96 / Sq Ft
09/09/2025 09/09/25 Off Market $239,900 -- --
08/08/2025 08/08/25 Price Changed $239,900 -3.7% $102 / Sq Ft
07/08/2025 07/08/25 For Sale $249,000 -- $106 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $23,000 Three Rivers Title Llc
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Deed -- --
Deed -- --
Warranty Deed $37,400 --
Warranty Deed $38,500 --
Warranty Deed $42,500 --
Warranty Deed $15,600 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Source: Realtracs

MLS Number: 2931809

Realtracs

APN: 095-007.00