Are you looking to buy your first rental property, add to your portfolio, or house hack??? Great opportunity to purchase this INCOME GENERATING DUPLEX now for sale in Milan, Tennessee!!! Each unit has 2 bedrooms, 1 bathroom, and in-unit laundry. Built in 1994, the property has recently pressure washed vinyl siding & metal roof and is on a raised concrete slab on a 1/3 acre city lot. Both units have central heating & air. The property is under local property management with rent totals currently at $1690 per month. Both tenants are under leases and are current on rent. For P/L statement, maintenance logs, and to view this property, reach out to the listing agent. Showings only allowed during due diligence period. Don't miss out!
Sold for $140,100
$140,100
2047-2049 Cedar St, Milan, TN 38358
--beds
0baths
1,400sqft
Duplex
Built in 1994
-- sqft lot
$141,200 Zestimate®
$100/sqft
$1,045 Estimated rent
Home value
$141,200
Estimated sales range
Not available
$1,045/mo
Zestimate® history
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$885/mo
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List your homeWhat's special
Metal roofPressure washed vinyl sidingIn-unit laundryCity lotCentral heating and air
Zillow last checked:
Listing updated:
Listed by:
Jennifer Easterday,
Town and Country
Bought with:
Seth Rodgers, 370060
Renshaw Company, REALTORS®
Source: CWTAR,MLS#: 246717
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Features
- Flooring: Combination
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
Property
Parking
- Total spaces: 4
Features
- Levels: One
- Exterior features: Rain Gutters
Lot
- Size: 0.31 Acres
- Dimensions: 80 x 180
- Features: Back Yard, City Lot
Details
- Parcel number: 140F D 007.00
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Raised, Slab
- Roof: Metal
Condition
- Year built: 1994
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Fiber Optic Available, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Milan
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $100,000
- Annual tax amount: $1,202
- Date on market: 11/20/2024
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
- Total actual rent: 1690
- Tenant pays: All Utilities
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2025 | Sold | $140,100-6.6%$100/sqft |
Source:  CWTAR #246717 Report a problem | ||
| 12/3/2024 | Pending sale | $149,999$107/sqft |
Source: CWTAR #246717 Report a problem | ||
| 11/20/2024 | Listed for sale | $149,999$107/sqft |
Source: CWTAR #246717 Report a problem | ||
| 11/18/2024 | Pending sale | $149,999$107/sqft |
Source: CWTAR #246717 Report a problem | ||
| 11/11/2024 | Price change | $149,999-6.3%$107/sqft |
Source: CWTAR #246717 Report a problem | ||
| 10/7/2024 | Listed for sale | $160,000+91.6%$114/sqft |
Source: CWTAR #246717 Report a problem | ||
| 1/13/2022 | Sold | $83,500-7.1%$60/sqft |
Source: Public Record Report a problem | ||
| 11/30/2021 | Pending sale | $89,900$64/sqft |
Source: CWTAR #209002 Report a problem | ||
| 10/4/2021 | Price change | $89,900-10%$64/sqft |
Source: CWTAR #209002 Report a problem | ||
| 9/8/2021 | Listed for sale | $99,900+58.6%$71/sqft |
Source: CWTAR #209002 Report a problem | ||
| 5/20/2021 | Sold | $63,000+5.2%$45/sqft |
Source: Public Record Report a problem | ||
| 6/28/2013 | Listing removed | $59,900$43/sqft |
Source: LA Realty, LLC #152068 Report a problem | ||
| 6/28/2012 | Listed for sale | $59,900$43/sqft |
Source: LA Realty, LLC #152068 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,408 | $40,000 |
| 2024 | $1,408 +17.1% | $40,000 +61.8% |
| 2023 | $1,202 +1.5% | $24,720 |
| 2022 | $1,185 -1.4% | $24,720 |
| 2021 | $1,202 | $24,720 |
| 2020 | $1,202 | $24,720 |
| 2019 | $1,202 +7.5% | $24,720 -0.6% |
| 2018 | $1,119 +0% | $24,880 |
| 2017 | $1,119 +58.1% | $24,880 |
| 2016 | $708 -33.2% | $24,880 |
| 2015 | $1,061 | $24,880 |
| 2014 | $1,061 +0.2% | $24,880 -3.4% |
| 2011 | $1,059 | $25,750 |
| 2010 | $1,059 +5.7% | $25,750 |
| 2009 | $1,002 | $25,750 |
| 2008 | -- | $25,750 +6% |
| 2007 | $972 +1.3% | $24,302 |
| 2006 | $960 -0.8% | $24,302 |
| 2005 | $967 -3.2% | $24,302 |
| 2004 | $999 +4.7% | $24,302 +4.7% |
| 2002 | $954 | $23,204 |
| 2001 | -- | $23,204 -60% |
| 2000 | -- | $58,009 |
Find assessor info on the county website
Neighborhood: 38358
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Nearby schools
GreatSchools rating
- 8/10Milan Elementary SchoolGrades: PK-4Distance: 1.9 mi
- 7/10Milan Middle SchoolGrades: 5-8Distance: 1.9 mi
- 7/10Milan High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: Milan School District
Source: CWTAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Tennessee
- Gibson County
- Milan
- 38358
- 2047-2049 Cedar St
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