Investment Package: House and 4 Duplex: Rare opportunity to own a house plus four income-producing duplexes all together! Main Home: Used as 2 bed / 1 bath on the main level Basement has 2 additional bedrooms + 1 bath (currently closed off and used for storage) Great potential to expand living space or create another rental unit Duplexes: Three duplexes: Each unit is 2 bed / 1 bath One duplex: Studio-style 1 bed / 1 bath units Strong rental history and high demand in the area Highlights: 9 total rentable units (house + 8 duplex units) Immediate income with value-add potential Ideal for investors seeking cash flow and growth! All information is deemed accurate but is not warranted by the owner, agent or company. This document is to be used as information only and is not a valid part of the Sales Agreement between the buyer and seller.
Milan is located in Tennessee. Milan, Tennessee has a population of 8,143. Milan is more family-centric than the surrounding county with 28.78% of the households containing married families with children. The county average for households married with children is 27.25%.
The median household income in Milan, Tennessee is $46,661. The median household income for the surrounding county is $49,615 compared to the national median of $69,021. The median age of people living in Milan is 35.9 years.
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 26.7 degrees. The average rainfall is approximately 53.5 inches per year, with 3.8 inches of snow per year.