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103 Pelican LN Greeneville, TN 37743
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Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,488 sqft
Price per Sqft $151
Subdivision J M Craddock
MLS Listing ID 9983096
Sold Date 09/04/25
Style Duplex,Ranch
HOA Y/N No
Year Built 1955
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 0.31 Acres
Property Sub-Type Duplex
Source Tennessee/Virginia Regional MLS
Property Description
Don't miss this newly updated, turn-key duplex located near downtown Greeneville. Each unit offers two bedrooms and one full bath, making this a fantastic opportunity for investors or owner-occupants looking to live in one unit and rent the other. Both units have been tastefully updated with luxury vinyl plank flooring throughout and come fully equipped with modern conveniences including a refrigerator, stove, microwave, washer, and dryer—a true move-in-ready setup. Each unit currently rents for $1,200/month, offering solid cash flow from day one. Seller is currently paying the utilities for both units which averages around $500 a month. Outside, tenants will enjoy the privacy of a fenced yard, a detached garage for added storage or parking, and a low-maintenance lot that's nearly level—ideal for ease of use and curb appeal. Whether you're expanding your rental portfolio or looking for a multi-family property with strong income potential, this duplex checks all the boxes. Conveniently located close to local amenities, schools, and shopping in desirable Greeneville. This property is an Excellent Investment Opportunity! Note: Both units are currently occupied and pictures are only from unit B.
Location
State TN
County Greene
Community J M Craddock
Area 0.31
Zoning R-2
Direction From Greeneville to West Main Street to Newport Highway. Go just past Marshall Lane to a right on Pelican Lane. Home on the left on the corner of Fairlawn and Pelican. Look for sign.
Rooms
Other Rooms Garage(s)
Basement Block, Exterior Entry, Interior Entry, Partial
Interior
Interior Features Eat-in Kitchen, Kitchen/Dining Combo
Heating Central, Electric, Heat Pump, Electric
Cooling Ceiling Fan(s), Central Air, Heat Pump
Flooring Luxury Vinyl
Fireplaces Type Living Room, Stone
Fireplace Yes
Window Features Double Pane Windows,Insulated Windows
Appliance Dryer, Electric Range, Microwave, Refrigerator, Washer
Heat Source Central, Electric, Heat Pump
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Gravel
Garage Spaces 1.0
Utilities Available Electricity Connected, Water Connected, Cable Connected
Roof Type Shingle
Topography Level, Cleared
Porch Covered, Front Porch, Side Porch
Total Parking Spaces 1
Building
Story 1
Entry Level One
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Duplex, Ranch
Level or Stories 1
Structure Type Block,Vinyl Siding
New Construction No
Schools
Elementary Schools Hal Henard
Middle Schools Greeneville
High Schools Greeneville
Others
Senior Community No
Tax ID 110h A 021.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Laura Meade • Property Advisors
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