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This investment package includes two duplexes on Newman generating $5,410/month ($64,920 annually). At 2 Newman, Unit 2A was updated in 2022 with a new HVAC, water heater, and accessibility features, and is leased through October 2025. Unit 2B is leased through July 2026 to tenants of 15+ years. At 4 Newman, Unit 4A is a remodeled, fully furnished, ADA-accessible 2 bed/1 bath with extensive accessibility features and furnishings beyond the basics, leased through August 2026. Unit 4B is leased through June 2026. The owner covers water, trash, and lawn care for all units, plus internet for Unit 4A. Both roofs will be four years old in November. These properties offer stable tenants, strong cash flow, and rare accessibility upgrades.
Property Type(s):
Multi Family
| Last Updated | 10/17/2025 | Tract | None |
|---|---|---|---|
| Year Built | 1996 | County | Walker |
SCHOOLS
| Elementary School | Stone Creek Elementary School |
|---|---|
| Jr. High School | Crossville |
| High School | Ridgeland High School |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Oven |
| HEAT | Ceiling |
| INTERIOR | Eat-in Kitchen |
| LOT | 1.8 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 125X321 |
| PARKING | Concrete, Driveway, Off Street |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Multi Family |
| SUBDIVISION | None |
| TAXES | 1636.23 |
| WATER | Public |
Location
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Listing Courtesy of Berkshire Hathaway HomeServices J Douglas Properties
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This site was last updated on 10/19/25 3:51 PM PDT
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