REAL ESTATE: 503 & 515 N. Spring St, Murfreesboro, TN
AUCTION featuring 2 Downtown Murfreesboro Properties!
BID LIVE or ONLINE
Saturday, November 22nd, 2025 @ 10:00 AM
503 N. Spring Street, Murfreesboro, TN
Quadplex with Separate 2 Bedroom Manufactured Home
Zoned RM-12 on 150' x 130'+/- Corner Lot with Garage & Storage
Quadplex: Four 1 BR / 1 BA apartments (Units A, C, D, E)
Unit A: Vacant – 1 BR / 1 BA, downstairs, hardwood floors
Unit C: Leased through June 30, 2026 – $825/month, $250 deposit, downstairs unit
Unit D: Leased through April 30, 2026 – $775/month, $300 deposit, downstairs unit; all new in 2020 (paint, stove, countertops)
Unit E: Vacant – 1 BR / 1 BA, upstairs unit
New central gas unit installed 2019
Owner pays utilities – one meter
Manufactured Home (Unit B):
2 BR / 1.5 BA – Vacant
Roof coated in 2025
Directions to the Property: From I-24 take Exit 81 towards Murfreesboro past downtown square, turn right on Olive St. - House on corner of Olive & N. Spring St.
515 N. Spring Street, Murfreesboro, TN
3 BR, 1 BA Home on 90 x 150 Lot - Zoned RM-12 - Great Investment in Downtown Murfreesboro
Built in 1925 with historic charm
Previously used as a rental property
Living room with hardwood floors
Covered front porch
Excellent investment or potential downtown home
Rare Opportunity in Downtown Murfreesboro - Buy one property or both!
Directions to the Property: From I-24 take Exit 81 towards Murfreesboro, go past city square, turn right onto Olive St. then left on N. Spring St.
PREVIEW: Saturday, Nov. 15th from 1-2 PM
AUCTIONEER: Charlie Montgomery - Lic. 4916
(615) 308-4487 / (615) 895-0078
Great Investment Opportunity - Four 1 BR - 1 BA Apartments with Separate 2BR Manufactured Home Selling Together
Quadplex: Units A, C, D, E
2 Units Occupied - 2 Units Vacant - New Central Gas Unit 2019 - Owner pays utilities - One Meter
Unit A: Vacant - 1 BR 1 BA - Downstairs Unit - Hardwood Floors
Unit C: 1 BR 1 BA - Currently Leased Until June 30th, 2026 - Rent $825.00 per month/Deposit $250 - Downstairs Unit
Unit D: 1 BR 1 BA - Currently Leased Until April 30th, 2026 - Rent $775.00 per month/Deposit $300 - Downstairs Unit - All new in 2020 - Paint, Stove & Countertops
Unit E: Vacant - 1 BR 1 BA - Upstairs
Also included with this property is Unit B:
2 BR - 1.5 BA Manufactured Home - Vacant - Roof coated 2025
Property is Zoned RM-12
150 X 130+/- Corner Lot
Built in 1925 - This 3 BR, 1 BA home offers historic charm
Previously used as a rental property.
On 90 x 150 Lot - Zoned RM-12
Living Room
Hardwood Floors
Covered Front Porch
Great Investment Property!
However, if you have been looking for a Downtown property to call home don't miss out on this one!