Don't miss this newly updated, turn-key duplex located near downtown Greeneville. Each unit offers two bedrooms and one full bath, making this a fantastic opportunity for investors or owner-occupants looking to live in one unit and rent the other. Both units have been tastefully updated with luxury vinyl plank flooring throughout and come fully equipped with modern conveniences including a refrigerator, stove, microwave, washer, and dryer—a true move-in-ready setup. Each unit currently rents for $1,200/month, offering solid cash flow from day one. Seller is currently paying the utilities for both units which averages around $500 a month. Outside, tenants will enjoy the privacy of a fenced yard, a detached garage for added storage or parking, and a low-maintenance lot that's nearly level—ideal for ease of use and curb appeal. Whether you're expanding your rental portfolio or looking for a multi-family property with strong income potential, this duplex checks all the boxes. Conveniently located close to local amenities, schools, and shopping in desirable Greeneville. This property is an Excellent Investment Opportunity! Note: Both units are currently occupied and pictures are only from unit B.
Pending
$225,000
103 Pelican Ln, Greeneville, TN 37743
4beds
2baths
1,488sqft
Est.:
Duplex, Multi Family
Built in 1955
-- sqft lot
$224,300 Zestimate®
$151/sqft
$-- HOA
What's special
Detached garageLow-maintenance lotNearly levelModern conveniencesMove-in-ready setup
- 32 days
- on Zillow |
- 63 |
- 1 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 13, 2025 at 11:26am
Listed by:
Regie Jones 423-470-3131,
Uptown Real Estate Group 423-212-5446
Source: TVRMLS,MLS#: 9983096
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Electric, Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Heat Pump
Appliances
- Included: Dryer, Electric Range, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Eat-in Kitchen, Kitchen/Dining Combo
- Flooring: Luxury Vinyl
- Windows: Double Pane Windows, Insulated Windows
- Basement: Block,Exterior Entry,Interior Entry,Partial
- Has fireplace: Yes
- Fireplace features: Living Room, Stone
Interior area
- Total structure area: 1,488
- Total interior livable area: 1,488 sqft
Property
Parking
- Total spaces: 1
- Parking features: Gravel
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Side Porch
- Fencing: Privacy
Lot
- Size: 0.31 Acres
- Dimensions: 0.31 Acres
- Topography: Level, Cleared
Details
- Additional structures: Garage(s)
- Parcel number: 110h A 021.00
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Block, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Above Average,Updated/Remodeled
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Cable Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: J M Craddock
HOA
- Has HOA: No
Location
- Region: Greeneville
Financial & listing details
- Price per square foot: $151/sqft
- Tax assessed value: $132,600
- Annual tax amount: $1,110
- Date on market: 7/13/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
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