409 E Moore St, Tullahoma, TN 37388

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Sold Price
$467,500
List Price
$467,500
Status
CLOSED
Days on Market
16
Closing Date
Mar 25, 2026
MLS#
3120465
Subtype
Residential Income
Year Built
1978
Living Area
3,600
Subdivision
N/A

Property Description

Well-maintained quadplex offering immediate cash flow with all units currently leased. Three units rent at $900/month and are month-to-month, providing flexibility for rent increases or repositioning. One unit rents at $1,000/month with a lease in place through April 2026, delivering stable long-term income. Operating expenses are minimal, with lawn care as the only ongoing expense. Recent capital improvements reduce near-term maintenance and enhance value, including a new HVAC unit in Unit 415 (June 2024), new stove in Unit 415 (January 2025), and a new water heater in Unit 409 (June 2023). Strong in-place income, low overhead, and favorable lease structure make this an excellent opportunity for investors seeking a stabilized asset with upside potential. Do not disturb tenants. All showings are by appointment only—contact listing agent for showings.

Additional Information

Zoning
R3
Exterior Construction
Brick
Stories
1
Parking Features
Driveway
Elementary School
East Lincoln Elementary
Middle School
East Middle School
High School
Tullahoma High School

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Calculator source: Real Geeks

Listing courtesy of Southern Middle Realty. Selling Office: Cadence Real Estate.

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