601 E Grundy St Tullahoma, TN 37388
Estimated payment $2,120/month
About This Home
This Grundy Street duplex includes two well-kept townhome units, G and H, each with a practical floor plan, spacious living areas, and comfortable bedrooms. One unit is currently occupied, offering immediate rental income for the new owner. Unit H also features a brand-new HVAC system for added value and peace of mind. Occupied units can be shown once under contract. Conveniently located near shopping, dining, and major employers, this property offers solid rental potential and reliable cash flow—ideal for both new and experienced investors.
Listing Agent
Southern Middle Realty Brokerage Phone: 6156241287 License #354841 Listed on: 11/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1988
HOA Fees
- $120 Monthly HOA Fees
Home Design
- Duplex
- Brick Exterior Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,338 Sq Ft Home
- Property has 1 Level
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Driveway
- Parking Lot
Schools
- East Lincoln Elementary School
- East Middle School
- Tullahoma High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- Tax Lot G & H
Community Details
Overview
- $200 One-Time Secondary Association Fee
- 2 Units
- Willow Oak Place Subdivision
Building Details
- Gross Income $1,350
- Net Operating Income $1,350
Map
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 |
|---|---|---|---|---|
| 2025 | $11,263 | $16,000 | $8,000 | $8,000 |
| 2024 | $11,263 | $288,320 | $20,880 | $267,440 |
| 2023 | $11,263 | $288,320 | $0 | $0 |
| 2022 | $11,558 | $288,320 | $20,880 | $267,440 |
| 2021 | $11,308 | $225,600 | $17,560 | $208,040 |
| 2020 | $11,308 | $225,600 | $17,560 | $208,040 |
| 2019 | $11,308 | $225,600 | $17,560 | $208,040 |
| 2018 | $11,308 | $225,600 | $17,560 | $208,040 |
| 2017 | $11,176 | $204,400 | $16,000 | $188,400 |
| 2016 | $11,181 | $204,400 | $16,000 | $188,400 |
| 2015 | $11,182 | $204,400 | $16,000 | $188,400 |
| 2014 | $11,181 | $204,385 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | For Sale | $325,000 | +5.5% | $139 / Sq Ft | |
| 12/09/2015 12/09/15 | Off Market | $308,000 | -- | -- | |
| 08/25/2015 08/25/15 | For Sale | $580,000 | +88.3% | $207 / Sq Ft | |
| 05/08/2013 05/08/13 | Sold | $308,000 | -- | $110 / Sq Ft | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $179,900 | Blueprint Title Tn | |
| Warranty Deed | $184,900 | Blueprint Title Tn | |
| Warranty Deed | $184,900 | Blueprint Title Tn | |
| Warranty Deed | $188,900 | Blueprint Title Tn | |
| Warranty Deed | $188,900 | Blueprint Title Tn | |
| Warranty Deed | $188,000 | Blueprint Title Tn | |
| Warranty Deed | $188,000 | Blueprint Title Tn | |
| Warranty Deed | $189,500 | Blueprint Title Tn | |
| Warranty Deed | $461,500 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $485,000 | -- | |
| Warranty Deed | $421,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $181,550 | New Conventional | |
| Previous Owner | $170,010 | New Conventional | |
| Previous Owner | $159,800 | FHA | |
| Previous Owner | $193,574 | VA | |
| Previous Owner | $369,200 | New Conventional |
Source: Realtracs
MLS Number: 3043150
APN: 124K-E-019.00
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.