Ideal property for investors seeking turnkey, low-maintenance income property. Solid brick construction with excellent curb appeal. Total building size: 10,192 sq ft.14 identical units (each 728 sq ft) 2 bedrooms, 1 bathroom per unit. Thoughtfully designed interiors with custom cabinetry, granite countertops in bathrooms. Luxury vinyl plank (LVP) flooring throughout for durability and modern style. All-stainless steel kitchen appliances and in-unit washer and dryer included. High-quality finishes increase rental appeal. Brick exterior offers longevity and lower exterior maintenance. Conveniently located near shopping and restaurants within walking distance of DW Wilson Community Center. Currently under a management agreement with Stones River Property Management out of Murfreesboro. Buildings completed early 2026 as of July 10 12 units are leased and more are currently being advertised/leased.
Under contract - showing
$2,299,000
404 Cedar Ln, Tullahoma, TN 37388
8beds
4baths
10,192sqft
Multi Family
Built in 2026
-- sqft lot
$-- Zestimate®
$226/sqft
$-- HOA
What's special
Solid brick constructionLower exterior maintenanceHigh-quality finishesExcellent curb appealBrick exterior offers longevityAll-stainless steel kitchen appliancesGranite countertops in bathrooms
- 125 days |
- 20 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Lisa Curl 931-224-1071,
Better Homes & Gardens Real Estate Heritage Group 931-680-1680
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3180907
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Luxury Vinyl
Interior area
- Total structure area: 10,192
- Total interior livable area: 10,192 sqft
- Finished area above ground: 10,192
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.98 Acres
- Dimensions: 182.5 x 232.8
Details
- Parcel number: 124O H 01500 000
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Shingle
Condition
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Tullahoma
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $25,000
- Annual tax amount: $1
- Date on market: 4/22/2026
- Date available: 03/01/2026
- Inclusions: Appliances
- Total actual rent: 4800
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Contingent | $2,299,000$226/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3180907 Report a problem | ||
| 4/22/2026 | Listed for sale | $2,299,000+969.3%$226/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3180907 Report a problem | ||
| 2/20/2026 | Listing removed | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 2/17/2026 | Listed for rent | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 2/21/2025 | Sold | $215,000$21/sqft |
Source: Public Record Report a problem | ||
| 10/9/2024 | Sold | $215,000$21/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2647920 Report a problem | ||
| 4/26/2024 | Pending sale | $215,000$21/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2647920 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $263 +5% | $6,250 |
| 2024 | $251 | $6,250 |
| 2023 | $251 | $6,250 |
| 2022 | $251 -20% | $6,250 |
| 2021 | $313 | $6,250 |
| 2020 | $313 | $6,250 |
| 2019 | $313 | $6,250 |
| 2018 | $313 +0.1% | $6,250 |
| 2017 | $313 +74.8% | $6,250 |
| 2016 | $179 -47.6% | $6,250 |
| 2015 | $342 | $6,250 |
| 2014 | $342 | $6,250 |
| 2013 | -- | $6,250 |
| 2012 | $304 0% | $6,250 |
| 2011 | $305 | $6,250 |
| 2010 | $305 | $6,250 |
| 2009 | -- | $6,250 +25% |
| 2008 | $245 +1.9% | $5,000 |
| 2007 | $241 +1.5% | $5,000 |
| 2006 | $237 +10.3% | $5,000 +25% |
| 2005 | $215 +166.7% | $4,000 +166.7% |
| 2004 | $81 +8.5% | $1,500 |
| 2002 | $74 | $1,500 |
| 2001 | -- | $1,500 -75% |
| 2000 | -- | $6,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37388
Nearby schools
GreatSchools rating
- 5/10Bel Aire Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10West Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Tullahoma High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Bel Aire Elementary
- Middle: West Middle School
- High: Tullahoma 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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