Turnkey Duplex Investment with Exceptional Cash Flow
Investor Opportunity! Presenting a fully renovated, income-producing duplex in the heart of Greeneville, TN. This outstanding property offers 2,324 sq ft of modernized living space nestled on a generous 1.4-acre lot—providing both immediate returns and promising long-term growth.
Two Updated, Fully Leased Units:
- Upper Level: 3 bedrooms, 1.5 baths | 1,204 sq ft | Currently leased at $1,250/month
- Lower Level: 3 bedrooms, 1 bath | 1,120 sq ft | Currently leased at $1,150/month
Total Monthly Income: $2,400
Each unit features a private entrance, individual HVAC systems, and separate utility setups—ensuring optimal privacy and functionality for tenants.
Recent Upgrades:
- Complete electrical rewire with dual breaker boxes
- All-new plumbing throughout
- Two new heat pumps, ductwork, and furnaces
- Modernized kitchens and bathrooms
- Fresh flooring and interior paint
Additional Income Potential:
A detached concrete pad, equipped with water, power, and septic connections, is ready to accommodate a mobile home—offering the possibility for further rental income or future expansion.
Prime Location:
Enjoy the tranquility of rural living while remaining close to all the conveniences and amenities of Greeneville. This property is well-suited for both long-term tenants and short-term rental strategies.
Don't miss this rare investment opportunity—contact us today for more details or to schedule a private tour! IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
For sale
$339,500
500 Amity Rd, Greeneville, TN 37743
3beds
2,324sqft
Est.:
Single Family Residence, Residential
Built in 1973
1.4 Acres Lot
$325,600 Zestimate®
$146/sqft
$-- HOA
What's special
Private entranceSeparate utility setupsModernized kitchensModernized living spaceFresh flooringIndividual hvac systems
- 47 days
- on Zillow |
- 271 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 07:54am
Listed by:
Jim Griffin 423-482-0743,
LPT Realty - Griffin Home Group 423-482-0743,
Christopher Abla 423-255-7937,
LPT Realty - Griffin Home Group
Source: TVRMLS,MLS#: 9982260
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heat Pump, See Remarks
Cooling
- Heat Pump, See Remarks
Features
- Kitchen/Dining Combo
- Windows: Single Pane Windows, Storm Window(s)
Interior area
- Total structure area: 2,324
- Total interior livable area: 2,324 sqft
- Finished area below ground: 1,120
Property
Lot
- Size: 1.4 Acres
- Topography: Level, Sloped
Details
- Parcel number: 122 082.03
- Zoning: RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Vinyl Siding
- Roof: Composition
Condition
- Average
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Emma Jean Cook
HOA
- Has HOA: No
Location
- Region: Greeneville
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $158,800
- Annual tax amount: $655
- Date on market: 6/26/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
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