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3,780 sqft

$439,900

15030 Highway 49, Vanleer TN, 37181

Price per sqft$116.38
Built in1999
Property size3,780 sqft
Property typeResidential
Courtesy of Parker Peery Properties, Mika Sesler Listing Contact: 6159393540

Overview

Active

Listed Jun 18, 2026

Updated Aug 11

INCOME-PRODUCING INVESTMENT OPPORTUNITY! Sale includes a QUADPLEX, DUPLEX, AND AN ADDITIONAL LOT located at 15030 and 15076 Highway 49 W. Offering a total of 6 RENTAL UNITS, this property presents an excellent opportunity for investors looking to expand their portfolio. The quadplex consists of four 1 BEDROOM, 1 BATHROOM units and is ZONED COMMERCIAL. The duplex includes one 2 BEDROOM, 1 BATHROOM unit and one 1 BEDROOM, 1 BATHROOM unit and is ZONED RESIDENTIAL. Recent improvements include Unit 2 in the quadplex with NEW FLOORING, NEW CABINETS, NEW COUNTERTOPS, AND NEW REFRIGERATOR. Unit 4 features NEW FLOORING and a NEWER REFRIGERATOR. The quadplex roof is approximately 5 YEARS OLD. All units are currently occupied. Tenants have completed their initial lease terms and are currently MONTH-TO-MONTH. SECURITY DEPOSITS ARE IN PLACE, and each unit has its own SEPARATE ELECTRIC METER. Current rental income totals approximately $5,450 PER MONTH, with the duplex generating $1,850 PER MONTH and the quadplex generating $3,600 PER MONTH ($900 per unit). SELLER CURRENTLY PAYS UTILITIES, which are reported to be reasonable. Conveniently located LESS THAN 20 MINUTES FROM DOWNTOWN ERIN, this fully occupied property offers immediate cash flow and is ready for its new owner. Opportunities to purchase 6 INCOME-PRODUCING UNITS, AN ADDITIONAL LOT, AND BOTH COMMERCIAL AND RESIDENTIAL ZONING in one package are hard to find. Whether you’re looking to grow your portfolio or add a strong-performing asset to your investment holdings, this property checks all the boxes.

$2,927/mo

Est. mortgage payment based on a $439,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$1,384
Tax Frequency
Annually
55+/Senior Community
No

Listings courtesy of Middle Tennessee Regional Multiple Listing Service as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 2:41 PM UTC on 8/11/2026. 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.

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