$499,000
 $2,679 est/mo Sourced by Back At You

515 N Academy St,Murfreesboro, TN 37130

Murfreesboro, TN 37130

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Description

Unlock the perfect blend of income potential and lifestyle in this beautifully positioned Murfreesboro duplex just minutes from MTSU (1.5 miles) and top schools, dining, shopping, and entertainment. Take a short walk to the Murfreesboro Town Square for music, farmer's markets, and more! This rare investment opportunity features two well-designed units with both sides currently vacant and recently income-producing, making it ideal for house hacking, rental income, or a savvy addition to your real estate portfolio. Enjoy the flexibility to live in one unit while the other helps offset your mortgage, or maximize returns with a full rental strategy in this high-demand Middle Tennessee market. The 515 unit had a new geothermal HVAC + thermostat installed in 2025. The 517 unit had a new hot water heater installed in 2024. The private backyard offers a peaceful retreat - perfect for relaxing or entertaining - adding to the property's strong tenant appeal and livability. Located in one of Murfreesboro's most sought-after areas for rental properties near MTSU, this duplex is surrounded by consistent rental demand, making it a standout opportunity for both new and seasoned investors. Opportunities like this - combining location, income potential, and lifestyle - are hard to find. Schedule your private showing today and secure your place in one of Tennessee's fastest-growing real estate markets!

Details

MLS #3542329
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year2008
Days On Site66
Listing Provided ByElam Real Estate | Joseph Phinney

Features

SQ Feet2,308
Story(s)2
Units2
ZoningCOM

Parking

Parking FeaturesConcrete, Driveway
Garage Yes / NoNo

Taxes

Property3332

Area Information

StateTN
CountyRutherford County
CityMurfreesboro
Zip Code37130
AreaRutherford County | TN
Community NameN/A
School DistrictSiegel High School
Elementary SchoolMitchell-Neilson Elementary
High SchoolSiegel High School
Listing VS Median (in N/A)
Price:
$499,000
low | high
Med:
$369,900
75.871743486974% of Average
sqft:
2,308
low | high
Med:
1,575
81.759098786828% of Average
$ / sqft:
$216
low | high
Med:
$235
41.37268823361% of Average
On site:
66
low | high
Med:
156
42.307692307692% of Average
Sourced by Back At You

Market Activity 37130

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 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 9, 2026 at 10:10:49 PM PST 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.

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Learn More About This Property

StateTN
CountyRutherford County
CityMurfreesboro
Zip Code37130
AreaRutherford County | TN
Community NameN/A
School DistrictSiegel High School
Elementary SchoolMitchell-Neilson Elementary
High SchoolSiegel High School
Listing VS Median (in N/A)
Price:
$499,000
low | high
Med:
$369,900
75.871743486974% of Average
sqft:
2,308
low | high
Med:
1,575
81.759098786828% of Average
$ / sqft:
$216
low | high
Med:
$235
41.37268823361% of Average
On site:
66
low | high
Med:
156
42.307692307692% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $374K - $623K
sqft: 1,500 - 2,500
Listing Updated: September 30, 2026 at 3:43:05 PM PDT
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