#2774012, Kasidy Lowe | K. Lowe Team, Listing office: Compass Tennessee, LLC
#2900201·
Listing office: BHGRE Baker & Cole·
Listing agent: Deborah Annette Trice·
Listing office phone: 9314553994
$335,000 List price
309 Indian Mound Rd Manchester, TN 37355
1,501 sqft
$223 / sqft
House
Property details
About 309 Indian Mound Rd
Turnkey Investment Opportunity! This newly renovated duplex is fully occupied with both units leased at $1,200/month, generating $2,400 in gross monthly income ($28,800 annually). Each unit features 2 bedrooms, 1 full bathroom, a large laundry room with appliances included, and a spacious, functional layout that tenants love. Renovations include updated flooring, paint, fixtures, and more—providing a low-maintenance property with strong rental appeal. Located in a high-demand area just off I-24, this property offers quick access to Arnold Air Force Base, UTSI, Nissan, and surrounding employment hubs. It’s just minutes from Jack Daniels, Nearest Green, and George Dickel Distilleries, making it an attractive area for long-term tenants and short-term professionals alike. With steady occupancy, modern updates, and a location that continues to grow in value, this property is ideal for investors seeking immediate cash flow with minimal upfront costs. The duplex also presents an excellent house-hacking opportunity—live in one side and rent the other—or hold as a fully leased income-producing asset. Fully leased – Start Earning Day 1, Updated Interiors – Private laundry in each unit, Excellent access to Nashville, Chattanooga, Huntsville, Stable rental history with potential for future rental growth, No HOA. Please do not disturb tenants. Showings scheduled by appointment only with proof of funds or pre-approval. For lease details or questions, contact listing agent at dtrice@realtracs.com.
Highlights
Home typeOther
HeatingElectric
StatusActive
CoolingCentral Air
Size1,501 sqft
Year built1986
MLS #2900201
Summary
- Flooring Type: Other
- Attached Garage: No
- Private Pool: No
- Heating: Electric
- Cooling: Central Air
- List Price: $335,000
- Price/SqFt: $223
- Annual Tax Amount: $1,198
- Tax Year: 2023
- Directions: From Tullahoma travel West TN-55 for 11miles turn left on to Hillsboro Blvd toward Murfreesboro, turn right onto Woodbury Hwy (TN-53) Turn left onto Ewell Street, continue straight to 309 Indian Mound Road Duplex on the left
- Year Built: 1986
- Living Area: 1,501 SqFt
- MLS Number: 2900201
- MLS Name: REALTRAC
- Office Name: BHGRE Baker & Cole
- Office Phone: (931) 455-3994
- Office Email: susanbaker@realtracs.com
- Listing Agent: Deborah Annette Trice
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
© 2025 of the REALTRACS MLS. All rights Reserved.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of date and time noted below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 12:48:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 29, 2024 | Home Sold | $402,000 |
| Dec 12, 2006 | Home Sold | $79,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $33,000 | $1,198 |
| 2022 | $33,000 | $1,198 |
| 2021 | $25,360 | $1,198 |
| 2020 | $25,360 | $1,161 |
| 2019 | $25,360 | $1,161 |
| 2018 | $25,360 | $1,161 |
| 2017 | $24,440 | $1,282 |
History based on county public records data.
Nearby schools
7
College Street Elementary School
Public District PK-5
1.0 mi
•405 College St
5
Westwood Elementary School
Public District PK-5
1.5 mi
•912 Oakdale St
5
New Union Elementary School
Public District PK-5
3.0 mi
•3320 Woodbury Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,719. The most common annual income of people living in Manchester, TN is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
53%
<35k
39%
35k-100k
6%
100k-200k
2%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
10%
Single, with Kids
18%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
5%
12-17 yrs old
22%
18-34 yrs old
33%
35-64 yrs old
25%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
NASCAR
Where do the neighbors shop?
Kmart
Wal-Mart
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Sonic
Dominos Pizza
What do the neighbors drive?
Buick
Oldsmobile
Ford
What do the neighbors listen to?
Oldies- Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
#2812855, Lawrence (Larry) Leroy Lockhart, Listing office: Leading Edge Real Estate Group
#2774011, Kasidy Lowe | K. Lowe Team, Listing office: Compass Tennessee, LLC
#2920972, Andrew Curl, Listing office: Coldwell Banker Southern Realty
#2939087, Candi Dorman, Listing office: Century 21 Coffee County Realty & Auction
#2819229, Betty Neese, Listing office: Century 21 Coffee County Realty & Auction
Backup offers
#2804900, Vicky Spellings, Listing office: Better Homes & Gardens Real Estate Heritage Group
Backup offers
#2923511, Kate H. Bryant, Listing office: RE/MAX 1st Realty
Backup offers
#2883378, Sheila Campbell, Listing office: eXp Realty
Frequently asked questions
About 309 Indian Mound Rd
The listing price of 309 Indian Mound Rd property is $335,000.
The property 309 Indian Mound Rd is a house located in Manchester, Tennessee, 37355.
Active Listing: 309 Indian Mound Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 309 Indian Mound Rd are: College Street Elementary School (GreatSchools Rating 7/10), Westwood Elementary School (GreatSchools Rating 5/10), New Union Elementary School (GreatSchools Rating 5/10), Westwood Middle School (GreatSchools Rating 4/10), Coffee County Middle School (GreatSchools Rating 4/10), East Middle School (GreatSchools Rating 4/10), Coffee County Raider Academy (GreatSchools Rating 6/10), Coffee County Central High School (GreatSchools Rating 6/10), Tullahoma High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $1,198 (source: MLS/based on county public records data).
The last sale was on July 29, 2024 for $402,000 (source: MLS/tax record).
The property at 309 Indian Mound Rd has 0 bathroom.
The property 309 Indian Mound Rd is 1,501 SqFt (source: MLS/tax record).
The year of construction for 309 Indian Mound Rd is 1986.
This home is located at 309 Indian Mound Rd in Manchester, TN and zip code 37355. This 1,501 square foot home was built in 1986. Features: 0 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $335,000.
Over 9 listings were sold over their listed price in June 2025 in Manchester, TN. In the same period over 19 listings were sold below the listed price and 10 listings were sold for the listed price. The number of homes for sale in Manchester, TN increased by 2.2% between May and June 2025. In June 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $344,400.
From Rocket Homes Real Estate and based on county public records data.