Welcome to an exceptional investment opportunity in Middle Tennessee! These 4 units have high rental potential, located near MTSU and downtown Murfreesboro. Newly painted, fully occupied with long-term lessees, new landscaping, ample open parking, New windows, Luxury LVP Flooring, and Granite Countertops, all units come with kitchen appliances. 4 two-story apartments, each with 2 large bedrooms, 1 full bath upstairs, and 1 half bath downstairs. Central Heat & Air, Most units were renovated in 2024. They are low maintenance, each unit has its own water and electricity meters independent from one another. Great happy tenants in place. All units are sold together AS-IS. Please DO NOT disrupt the tenants in place. One unit is available for viewing. These properties are a rare opportunity in Murfreesboro and they offer an excellent blend of convenience and income potential. For more information, contact the listing agent today!
Closed
$625,000
1001 Riviera Dr, Murfreesboro, TN 37130
8beds
4baths
3,840sqft
Multi Family
Built in 2000
-- sqft lot
$641,200 Zestimate®
$163/sqft
$1,679 Estimated rent
Home value
$641,200
$609,000 - $673,000
$1,679/mo
Zestimate® history
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$3,642/mo
Est. payment
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$3,642/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Cara Hermes 931-334-3595,
Realty One Group Music City
Bought with:
Michael M. Adly, 333394
Majesty Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2694644
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,840
- Total interior livable area: 3,840 sqft
- Finished area above ground: 3,840
Property
Parking
- Parking features: Parking Lot, Paved
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.34 Acres
- Dimensions: 82 x 183 IRR
Details
- Parcel number: 103I F 00900 R0067274
- Zoning: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector(s)
- Subdivision: Green Valley
HOA
- Has HOA: No
Location
- Region: Murfreesboro
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $359,400
- Annual tax amount: $4,067
- Date on market: 8/22/2024
- Inclusions: Appln
- Total actual rent: 4600
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2024 | Sold | $625,000-2.2%$163/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2694644 Report a problem | ||
| 9/5/2024 | Contingent | $639,000$166/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2694644 Report a problem | ||
| 8/22/2024 | Listed for sale | $639,000+96.6%$166/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2694644 Report a problem | ||
| 7/11/2018 | Sold | $325,000$85/sqft |
Source: RealTracs MLS as distributed by MLS GRID #1931060 Report a problem | ||
| 5/17/2018 | Listed for sale | $325,000+282.4%$85/sqft |
Source: Residential Investment Advisors #1931060 Report a problem | ||
| 11/18/2011 | Sold | $85,000-14.1%$22/sqft |
Source: Public Record Report a problem | ||
| 9/23/2011 | Price change | $99,000-5.6%$26/sqft |
Source: Carl Hill and Associates Real Estate, LLC #1298461 Report a problem | ||
| 9/19/2011 | Price change | $104,900-10.3%$27/sqft |
Source: Carl Hill and Associates Real Estate, LLC #1298461 Report a problem | ||
| 8/13/2011 | Listed for sale | $117,000-17.9%$30/sqft |
Source: Fannie Mae #1298461 Report a problem | ||
| 7/12/2011 | Sold | $142,442+849.6%$37/sqft |
Source: Public Record Report a problem | ||
| 4/4/2000 | Sold | $15,000+275%$4/sqft |
Source: Public Record Report a problem | ||
| 3/24/1998 | Sold | $4,000-38.5%$1/sqft |
Source: Public Record Report a problem | ||
| 12/28/1995 | Sold | $6,500$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,067 | $143,760 |
| 2024 | $4,067 | $143,760 |
| 2023 | $4,067 +10.1% | $143,760 |
| 2022 | $3,693 +1.6% | $143,760 +38.8% |
| 2021 | $3,635 | $103,600 |
| 2020 | $3,635 +67.1% | $103,600 |
| 2019 | $2,175 -31.1% | $103,600 |
| 2018 | $3,159 -4.1% | $103,600 +22.3% |
| 2017 | $3,293 | $84,720 |
| 2016 | $3,293 | $84,720 |
| 2015 | $3,293 | $84,720 -5.1% |
| 2013 | $3,293 -1.3% | $89,240 |
| 2012 | $3,338 +0.1% | $89,240 |
| 2011 | $3,334 | $89,240 |
| 2010 | $3,334 +5.3% | $89,240 +8.5% |
| 2008 | $3,165 | $82,280 |
| 2007 | $3,165 | $82,280 |
| 2006 | $3,165 -4.2% | $82,280 +12.5% |
| 2005 | $3,305 | $73,130 |
| 2004 | $3,305 | $73,130 |
| 2002 | $3,305 | $73,130 |
| 2001 | -- | $73,130 -49.5% |
| 2000 | -- | $144,877 |
Find assessor info on the county website
Neighborhood: 37130
Nearby homes
- $288,900-- bd-- ba1.4k sqft1003 Riviera Dr, Murfreesboro, TN 37130Off Market
- $436,100-- bd-- ba2.5k sqft911 Riviera Dr #A-D, Murfreesboro, TN 37130Off Market
- $--2 bd1 ba700 sqft911 Riviera Dr #D, Murfreesboro, TN 37130Off Market
- $259,8002 bd1 ba-- sqft911 Riviera Dr APT C, Murfreesboro, TN 37130Off Market
- $203,9002 bd1 ba850 sqft911 Riviera Dr APT B, Murfreesboro, TN 37130Off Market
- $274,500-- bd1 ba1.3k sqft906 S Baird Ln, Murfreesboro, TN 37130Off Market
- $250,000-- bd1 ba1k sqft902 S Baird Ln, Murfreesboro, TN 37130Sold
- $301,7003 bd1 ba1.3k sqft910 S Baird Ln, Murfreesboro, TN 37130Off Market
Nearby schools
GreatSchools rating
- 5/10Hobgood Elementary SchoolGrades: K-6Distance: 0.6 mi
- 7/10Rutherford County Virtual SchoolGrades: 3-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Black Fox Elementary
- Middle: Oakland Middle School
- High: Oakland High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$641,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$641,200
- Tennessee
- Rutherford County
- Murfreesboro
- 37130
- 1001 Riviera Dr
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