Great opportunity to own 12 townhomes in 3 buildings within 1/2 mile to MTSU campus, addresses are 1503-1517 Center Pointe Drive, always easily leased over the years, seller did not renew leases so each unit could be updated at this time, remodeled units should rent for $1500-$1600 plus tenants pay all their own utilities, separately metered, all units have 2 bedroom suites up with living room, kitchen, laundry room & powder bath down, floors replaced in several open units and/or carpets professionally cleaned & repainted as needed, patios off the back, 3 parking spaces per unit available, new roof on all 3 buildings in 2018, HVAC units have been replaced as needed, all brick with little maintenance required, concrete sidewalks to the parking lot to each unit, fenced around 3 sides with tree line. All units available for showings except for 1505, 1510 & 1516 are still currently being leased so please do not disturb tenants.
Active
$2,938,800
1503 Center Pointe Dr, Murfreesboro, TN 37130
6beds
6baths
14,808sqft
Est.:
Multi Family
Built in 1999
-- sqft lot
$2,745,400 Zestimate®
$198/sqft
$-- HOA
What's special
All brickPatios off the backPowder bathLaundry room
- 25 days
- on Zillow |
- 633 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 11:01am
Listing Provided by:
Jaclyn Williams 615-804-9024,
Onward Real Estate 615-234-5020
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2812407

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 14,808
- Total interior livable area: 14,808 sqft
- Finished area above ground: 14,808
Property
Parking
- Total spaces: 24
- Parking features: Asphalt, Parking Lot
- Uncovered spaces: 24
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.93 Acres
- Dimensions: 0.93
Details
- Parcel number: 090G A 00311 R0052197
- Zoning: RM-12
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Center Pointe West
HOA
- Has HOA: No
Location
- Region: Murfreesboro
Financial & listing details
- Price per square foot: $198/sqft
- Annual tax amount: $16,867
- Date on market: 4/2/2025
- Inclusions: Appln
- Total actual rent: 4050
- Tenant pays: Electricity, Water
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