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  • $2,188,888

    404 Cedar Ln, Tullahoma, TN 37388

    16beds
    8baths
    10,192sqft
    Multi Family
    Built in 2026
    -- sqft lot
    $2,196,500 Zestimate®
    $215/sqft
    $1,362 Estimated rent

    Home value

    $2,196,500

    $2.04M - $2.35M

    $1,362/mo

    Zestimate® history
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    $10,367/mo

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    $10,367/mo

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    What's special

    Solid brick constructionLower exterior maintenanceHigh-quality finishesExcellent curb appealBrick exterior offers longevityAll-stainless steel kitchen appliancesGranite countertops in bathrooms
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Curl 931-224-1071,

    Better Homes & Gardens Real Estate Heritage Group

    Bought with:

    Lisa Curl, 369276

    Better Homes & Gardens Real Estate Heritage Group

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3180907MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    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: $215/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

    Price history

    DateEventPrice
    9/4/2026Sold$2,188,888-4.8%$215/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3180907 Report a problem
    7/30/2026Contingent$2,299,000$226/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3180907 Report a problem
    4/22/2026Listed for sale$2,299,000+969.3%$226/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3180907 Report a problem
    2/20/2026Listing removed$1,350
    Source: Zillow Rentals Report a problem
    2/17/2026Listed for rent$1,350
    Source: Zillow Rentals Report a problem
    2/21/2025Sold$215,000$21/sqft
    Source: Public Record Report a problem
    10/9/2024Sold$215,000$21/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2647920 Report a problem
    4/26/2024Pending sale$215,000$21/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2647920 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 37388

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $2,196,500
    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
    $2,196,500