Buying In Murfreesboro, TN
Sell Your Commercial Property In Murfreesboro, TN
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Murfreesboro and across Rutherford County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Areas We Target: Downtown Murfreesboro · Blackman · Gateway · Barfield — Rutherford County, TN
Market Snapshot
Renter Demand In Murfreesboro
Murfreesboro, a Rutherford County city and home of Middle Tennessee State University, had 161,445 residents in ACS 2020-2024. Renters occupy 47.6% of occupied Murfreesboro homes. Median gross rent is $1,481 a month, and buildings with five or more units hold 31.6% of local housing. For owners who want to sell commercial property in Murfreesboro, TN, the 2025 combined tax rate is $2.8288 per $100 assessed.
Below are renter data, rents, Rutherford County taxes and landlord rules for anyone selling commercial property in Murfreesboro.
Middle Tennessee State University
MTSU enrolled 18,444 undergraduates and 2,368 graduate students in fall 2025, per its 2025-26 Fact Book.Ascension Saint Thomas Rutherford
The Murfreesboro hospital has 418 beds and 1,800 staff members, per a February 2025 Ascension release.Nissan plant in Smyrna
Nissan's assembly plant in nearby Smyrna, not Murfreesboro, has more than 5,700 employees, per Nissan in March 2024.Our Buy Box
What We Buy In Murfreesboro
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Murfreesboro Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Murfreesboro
Renters hold 47.6% of occupied Murfreesboro homes, or 28,900 of 60,683, in ACS 2020-2024 tenure data. Rutherford County sits at 35.2% and Tennessee at 33.1%.
Buildings with five or more units hold 31.6% of Murfreesboro housing, or 20,968 units, per ACS units in structure. Rutherford County's share is 19.0%. Only 18.4% of Murfreesboro homes predate 1980, and the median year built is 2002 (ACS year built).
Rents and affordability
Median gross rent in Murfreesboro is $1,481 a month in ACS 2020-2024, $292 above the Tennessee median (ACS B25064). Median household income is $80,108, against $69,595 statewide (ACS B19013). Rental vacancy is 7.3% in ACS housing characteristics. Of renter households, 51.3% pay 30% or more of income on rent (ACS B25070).
HUD FY2027 fair market rents for the Nashville-Davidson--Murfreesboro--Franklin metro FMR area:
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,585 |
| One bedroom | $1,650 |
| Two bedroom | $1,798 |
| Three bedroom | $2,309 |
| Four bedroom | $2,799 |
Property taxes in Rutherford County
Tennessee classes dwellings with two or more rental units as commercial property, assessed at 40% of appraised value, per the Comptroller assessment glossary. The 2025 Murfreesboro rate is $2.8288 per $100 assessed: $1.8762 Rutherford County plus $0.9526 city, per the Comptroller 2025 rate table.
A $2,000,000 building assesses at $800,000, for a 2025 bill of $22,630.40. A deal to sell commercial property in Murfreesboro, TN at that price also owes $7,400 in Tennessee realty transfer tax.
Landlord rules
Tennessee's landlord and tenant act covers Murfreesboro under TCA 66-28-102, because Rutherford County counted 262,604 people in the 2010 Census. Tenants get 14 days after notice to pay unpaid rent, per TCA 66-28-505.
TCA 66-35-102 bars local rent control on private residential or commercial property. Owners who sell commercial real estate in Murfreesboro, TN transfer buildings with no local rent cap.
What it means for an owner
If you plan to sell commercial property in Murfreesboro, TN, buyers will price a large, young apartment stock against a $22,630.40 tax bill at $2,000,000. MTSU's 20,812 undergraduate and graduate students in fall 2025 add renter demand (MTSU Fact Book). Test income and value in our cap rate calculator.
Skyline Capital Investments buys 5+ unit apartment buildings. See how the process works when you sell your apartment building in Murfreesboro.
Local Knowledge
What Shapes A Murfreesboro Offer
More about selling in Tennessee →Investing in Murfreesboro? See apartment syndications in Murfreesboro →
- No local rent cap applies when you sell commercial real estate in Murfreesboro, TN, per TCA 66-35-102.
- Murfreesboro's 2025 city rate of $0.9526 per $100 adds $7,620.80 yearly on a $2,000,000 building.
- In ACS 2020-2024, 19.9% of Murfreesboro renter households paid half or more of income on rent.
Seller Guides
Selling In Murfreesboro? Common Situations We Handle
Learn More
Taxes & Rules For Murfreesboro Property
The Tennessee rules that shape any deal in Murfreesboro: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Murfreesboro Seller FAQ
What property tax applies when I sell commercial property in Murfreesboro, TN?
Tennessee assesses buildings with two or more rental units at 40% of appraised value. A $2,000,000 Murfreesboro building assesses at $800,000. At the 2025 combined rate of $2.8288 per $100, the yearly bill is $22,630.40. Of that, $7,620.80 is city tax and $15,009.60 is Rutherford County tax.
Is renter demand strong enough to sell commercial real estate in Murfreesboro, TN?
Renters occupy 47.6% of occupied Murfreesboro homes in ACS 2020-2024, above the 33.1% Tennessee share. MTSU enrolled 18,444 undergraduates in fall 2025. HUD's FY2027 two-bedroom fair market rent for the metro is $1,798. Rental vacancy is 7.3%.
How much apartment stock does Murfreesboro have?
Buildings with five or more units hold 20,968 of 66,400 Murfreesboro housing units, or 31.6%, in ACS 2020-2024. Rutherford County's share is 19.0%. The median Murfreesboro home was built in 2002, and only 18.4% of homes predate 1980.
Which landlord statutes apply to a Murfreesboro rental building?
Tennessee's Uniform Residential Landlord and Tenant Act applies in counties above 75,000 people in the 2010 census. Rutherford County counted 262,604. Tenants get 14 days to cure unpaid rent, and TCA 66-35-102 bars local rent control.
What closing taxes apply if I sell multifamily property in Murfreesboro?
Tennessee's realty transfer tax is $0.37 per $100 of purchase price, or $7,400 on a $2,000,000 sale. The state mortgage tax is $0.115 per $100 of debt, with the first $2,000 exempt, per the Tennessee Department of Revenue.
Will you buy a Murfreesboro property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Murfreesboro apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Is it possible to sell rental property in Murfreesboro without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
Do I need a broker to sell my apartment building in Murfreesboro?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Get An Offer Review In Murfreesboro
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
