$467,500
409 E Moore St, Tullahoma, TN 37388
Well-maintained quadplex offering immediate cash flow with all units currently leased. Three units rent at $900/month and are month-to-month, providing flexibility for rent increases or repositioning. One unit rents at $1,000/month with a lease in place through April 2026, delivering stable long-term income.
Operating expenses are minimal, with lawn care as the only ongoing expense. Recent capital improvements reduce near-term maintenance and enhance value, including a new HVAC unit in Unit 415 (June 2024), new stove in Unit 415 (January 2025), and a new water heater in Unit 409 (June 2023).
Strong in-place income, low overhead, and favorable lease structure make this an excellent opportunity for investors seeking a stabilized asset with upside potential. Do not disturb tenants. All showings are by appointment only—contact listing agent for showings.
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409 E Moore St, Tullahoma, TN 37388