Property Details

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515 N Academy St
Murfreesboro, TN 37130
FOR SALE · Active Under Contract
$499,000
$216 / Sqft
2,308
Sqft
2008
Yr. Built
MLS# 3542329
Cumulative Days on Market: 55 · Includes prior listings · Currently listed since 09/04/26 · Data provided by the MLS.

Property 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!

Property Highlights

Property Type
Residential Income
Living Area
2,308 Sqft
Price / Sqft
$216
Year Built
2008
Cumulative Days on Market
55

Location

City/Township
Murfreesboro
Subdivision
N/A
County
Rutherford County TN
Zoning
COM

Property Details

Price
$499,000
Property Type
Residential Income

Building

Structure Type
Duplex
Levels
Two
Total Area
2,308 Sqft

Community

Local Schools

Elementary School
Mitchell-Neilson Elementary
Middle School
Siegel Middle School
High School
Siegel High School

Interior Features

Area and Spaces

Living Area
2,308 Sqft
Above Grade Finished Area
2,308 Sqft
Number of Units
2

Interior Features

Flooring
Carpet, Concrete, Vinyl
Laundry Features
Individual, Electric Dryer Hookup, Washer Hookup
Security Features
Smoke Detector(s)

Heating and Cooling

Heating Features
Central, Electric

Building Details

Construction

Year Built
2008

Materials

Construction Materials
Aluminum Siding, Vinyl Siding
Roof
Shingle

Terms

Terms

Contingency
Financing

Rental Terms

Owner Pays
None

Terms

Special Conditions
Standard
Cumulative Days on Market
55

Taxes

Tax

Tax (Annual)
$3,332

Heating, Cooling & Utilities

Cooling Features
Ceiling Fan(s), Central Air, Electric

Utilities

Utilities
Electricity Available, Water Available
Sewer
Public Sewer
Water Source
Public

Lot

Lot Dimensions
100 X 110 M
Listed by Elam Real Estate, 6152786887
Listing Data last updated 10/30/2026 06:00 am
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Property History

3 days ago
Property information last updated
55 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 55 days (includes prior listings) · Currently listed since September 4, 2026. Data provided by the MLS.

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