Attention investors: Opportunities like this don't come often in Dunlap. This 3-unit property features three oversized 3BR/1BA units totaling 6,227 SF on a paved 1-acre lot. One unit currently leased with two vacant units ready for immediate lease-up. Large 3-bedroom layouts are in strong demand, creating strong cash-flow potential once stabilized. Ideal for BRRRR, 1031 exchange, or buy-and-hold investors looking to increase NOI and build equity. With limited multifamily inventory in the area, this is a strategic addition to any rental portfolio.
Dunlap is located in Tennessee. Dunlap, Tennessee has a population of 5,252. Dunlap is less family-centric than the surrounding county with 18.91% of the households containing married families with children. The county average for households married with children is 20.48%.
The median household income in Dunlap, Tennessee is $40,945. The median household income for the surrounding county is $47,835 compared to the national median of $69,021. The median age of people living in Dunlap is 38.5 years.
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 27.7 degrees. The average rainfall is approximately 55.4 inches per year, with 4.3 inches of snow per year.
