Description
Attention investors: Opportunities like this don't come often in Dunlap. This 3-unit property features three oversized 3BR/1BA units totaling 6,227 SF on a paved 1-acre lot. One unit currently leased with two vacant units ready for immediate lease-up. Large 3-bedroom layouts are in strong demand, creating strong cash-flow potential once stabilized. Ideal for BRRRR, 1031 exchange, or buy-and-hold investors looking to increase NOI and build equity. With limited multifamily inventory in the area, this is a strategic addition to any rental portfolio.
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9BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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6,227SQFT
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$59$/SQFT
School Information
Description
Attention investors: Opportunities like this don't come often in Dunlap. This 3-unit property features three oversized 3BR/1BA units totaling 6,227 SF on a paved 1-acre lot. One unit currently leased with two vacant units ready for immediate lease-up. Large 3-bedroom layouts are in strong demand, creating strong cash-flow potential once stabilized. Ideal for BRRRR, 1031 exchange, or buy-and-hold investors looking to increase NOI and build equity. With limited multifamily inventory in the area, this is a strategic addition to any rental portfolio.
Related Properties
2601 W Valley Road Dunlap, TN 37327
Property Description
Architectural Style [] Attached Garage YN No Carport YN No Construction Materials Aluminum Siding Exterior Features [] Fencing [] Foundation Details Slab Garage YN No Lot Features Level Other Structures Mobile Home Parking Features AsphaltKitchen LevelParking Lot Patio And Porch Features CoveredDeck Pool Features None Pool Features None Yes Roof Shingle Roof Shingle Yes Spa YN No Structure Type [] View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances [] Basement [] Basement YN No Building Area Total 6227 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring [] Heating CentralElectric Heating YN Yes Interior Features Eat-in KitchenPantryPlumbed Laundry Features Laundry Room Levels One Window Features []
Additional Parcels YN No Association Amenities [] Association YN2 No Auction YN2 No Community Features None Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventional New Construction YN No Other Equipment [] Property Sub Type Triplex Security Features [] Senior Community YN No Sewer Septic Tank Special Listing Conditions [] Tax Annual Amount 2050.38 Utilities Electricity ConnectedWater AvailableWater Connected Water Source Well

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Listing courtesy of Heartland Realty & Auction, In: 423-949-3642.