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309 Indian Mound Rd

Manchester, TN 37355

– beds
– baths
1,501 sqft
$223 per sqft
1986 build
– on site

Turnkey Investment Opportunity! This newly renovated duplex is fully occupied with both units leased at $1,200/month, generating $2,400 in gross monthly income ($28,800 annually). Each unit features 2 bedrooms, 1 full bathroom, a large laundry room with appliances included, and a spacious, functional layout that tenants love. Renovations include updated flooring, paint, fixtures, and more—providing a low-maintenance property with strong rental appeal. Located in a high-demand area just off I-24, this property offers quick access to Arnold Air Force Base, UTSI, Nissan, and surrounding employment hubs. It’s just minutes from Jack Daniels, Nearest Green, and George Dickel Distilleries, making it an attractive area for long-term tenants and short-term professionals alike. With steady occupancy, modern updates, and a location that continues to grow in value, this property is ideal for investors seeking immediate cash flow with minimal upfront costs. The duplex also presents an excellent house-hacking opportunity—live in one side and rent the other—or hold as a fully leased income-producing asset. Fully leased – Start Earning Day 1, Updated Interiors – Private laundry in each unit, Excellent access to Nashville, Chattanooga, Huntsville, Stable rental history with potential for future rental growth, No HOA. Please do not disturb tenants. Showings scheduled by appointment only with proof of funds or pre-approval. For lease details or questions, contact listing agent at dtrice@realtracs.com.

Listing courtesy of REALTRACS / BHGRE Baker & Cole

Last checked: Checking… • Last updated Jun 15, 2025 •

MLS# 2900201 —

The Building

Year Built:

1986
Year Built Details:

EXIST
New Construction:

false
Construction Materials:

Vinyl Siding
Roof:

Shingle
Levels:

One
Structure Type:

Duplex
# of Units Total:

2
Building Area Units:

Square Feet
Building Area Total:

1501
Building Area Source:

Professional Measurement
Above Grade Finished Area:

1501
Above Grade Finished Area Units:

Square Feet
Above Grade Finished Area Source:

Professional Measurement
Below Grade Finished Area Source:

Professional Measurement
Below Grade Finished Area Units:

Square Feet

Interior

Flooring:

Other
Fireplace:

false
Laundry Features:

Individual, Electric Dryer Hookup

Room Dimensions

Living Area:

1501
Living Area Units:

Square Feet
Living Area Source:

Professional Measurement

Location

Directions:

From Tullahoma travel West TN-55 for 11miles turn left on to Hillsboro Blvd toward Murfreesboro, turn right onto Woodbury Hwy (TN-53) Turn left onto Ewell Street, continue straight to 309 Indian Mound Road Duplex on the left
Latitude:

35.49299739
Longitude:

-86.09061999

The Property

Parcel Number:

067P C 01700 000
Property Type:

Residential Income
Lot Size Dimensions:

100X150
Lot Size Units:

Acres
Zoning:

RES
View:

false
Property Attached:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

1198

The Listing

Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Water Available
Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

College Street Elementary
Middle Or Junior School:

West Middle School
High School:

Coffee County Central High School

The Community

Subdivision Name:

Ewell
Waterfront:

false
Pool Private:

false
Association:

false

Parking

Parking Total:

4
Garage:

false
Attached Garage:

false
Carport:

false
Open Parking Spaces:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Ben Lomand Connect

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
6/14/25 Jun 14, 2025	Price Changed	REALTRACS	$335,000	-1.5%
6/3/25 Jun 3, 2025	Listed / Active	REALTRACS	$340,000	-16.3%
7/25/24 Jul 25, 2024		REALTRACS	$406,000	-3.3%

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This multifamily located in Manchester, TN 37355 is currently for sale for $335,000. 309 Indian Mound Rd is a 1,501 square foot multifamily with – beds and – baths that has been on Estately for 15 days. This multifamily is in the attendance area of Westwood Jr High School.

Listing Courtesy of: REALTRACS and BHGRE Baker & Cole.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Estately are marked with the REALTRACS IDX Logo. REALTRACS and Estately deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and Estately assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.