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  • $467,500

    409 E Moore St, Tullahoma, TN 37388

    8beds
    4baths
    3,600sqft
    Multi Family
    Built in 1978
    -- sqft lot
    $468,100 Zestimate®
    $130/sqft
    $1,347 Estimated rent

    Home value

    $468,100

    $407,000 - $538,000

    $1,347/mo

    Zestimate® history
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    $1,347/mo

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    $2,748/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Charlie Gonzales, ABR, SRS, e-PRO | 931-808-5521 931-808-5521,

    Southern Middle Realty

    Bought with:

    Carlos Ray, 355307

    Cadence Real Estate

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3120465MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Individual, Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Carpet, Tile, Vinyl
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft
    • Finished area above ground: 3,600

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.65 Acres
    • Dimensions: 150 x 190
    Details
    • Parcel number: 124K D 01601 000
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available

    Community & neighborhood

    Location
    • Region: Tullahoma

    HOA & financial

    Other financial information
    • Total actual rent: 3700

    Price history

    DateEventPrice
    3/25/2026Sold$467,500$130/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3120465 Report a problem
    2/20/2026Pending sale$467,500$130/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3120465 Report a problem
    2/3/2026Listed for sale$467,500+61.2%$130/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3120465 Report a problem
    6/30/2021Sold$290,000+126.6%$81/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2250717 Report a problem
    10/3/2014Sold$128,000$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,864 +5%$115,560
    2024$4,633 $115,560
    2023$4,633 $115,560
    2022$4,633 +74.8%$115,560 +118.5%
    2021$2,651 $52,880
    2020$2,651 $52,880
    2019$2,651 $52,880
    2018$2,651 +0%$52,880 +3.8%
    2017$2,650 +81.2%$50,960
    2016$1,463 -47.5%$50,960
    2015$2,788 +0%$50,960 +0%
    2014$2,787 $50,941

    Find assessor info on the county website

    Neighborhood: 37388

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: East Lincoln Elementary
    • Middle: East 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
    $468,100
    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
    $468,100