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515 N Academy St

Murfreesboro, TN 37130
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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 one side currently vacant and the other 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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $524,900

AD Id : 76710499

MLS Id : RTC3166178

Living Area Size : 2,308

Year Built : 2008

County : Rutherford County

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Feature Features

  • Interior Features

    Roof: Shingle Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Carpet, Concrete, Vinyl Construction Materials: Aluminum Siding, Vinyl Siding
  • Heating & Cooling

    Heating: Central, Electric Has Heating: Yes Cooling: Ceiling Fan(s), Central Air, Electric Has Cooling: Yes WaterSource: Public

  • Building Information

    Year Built: 2008

  • Lot Information

    Lot Dimensions: 100 X 110 M

    Property Information

    Property Type: Residential Income Structure Type: Duplex

  • Listing Price Information

    Original List Price:$550000

  • Tax Information

    Annual Tax: $3332 Parcel Number: 091L A 00900 R0055650

  • School Information

    Elementary School: Mitchell-Neilson Elementary Junior High School: Siegel Middle School Senior High School: Siegel High School
  • Utility Information

    Electricity Available, Water Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: N/A City: Murfreesboro Direction: From the Murfreesboro Square, take N Academy St heading north. The house will be on your left, just past E Bell St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
107 Elton Ct, Murfreesboro, TN, 37130 $109,900 3 2 1,568 1,568 SqFt
780 Baxter Rd, Murfreesboro, TN, 37130 $1,750,000 4 5 5,508 5,508 SqFt
186 Baxter Rd, Murfreesboro, TN, 37130 $335,000 1 1 925 925 SqFt
5024 Halls Hill Pike, Murfreesboro, TN, 37130 $1,299,900 4 5 3,784 3,784 SqFt
922 Richland Richardson.., Murfreesboro, TN, 37130 $679,900 2 2 1,800 1,800 SqFt
4426 Adoree Dr, Murfreesboro, TN, 37130 $449,900 4 3 2,213 2,213 SqFt
4 Royal Rose Drive, Murfreesboro, TN, 37130 $419,990 5 3 2,541 2,541 SqFt
Rehem Drive, Murfreesboro, TN, 37130 $364,990 3 2 1,533 1,533 SqFt
70 Royal Rose Dr, Murfreesboro, TN, 37130 $364,990 4 3 1,903 1,903 SqFt
9 Royal Rose Dr, Murfreesboro, TN, 37130 $349,990 4 3 1,658 1,658 SqFt
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ByOwner last updated this listing 06/23/2026 @ 18:20

MLS: REALTRAC #3166178 LISTED BY: Joseph Phinney, Elam Real Estate 615-890-1222 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

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