$285,000
SOLD MAY 21, 2025

106 3rd Ave Columbia, TN 38401

3 Beds
2 Baths
1,540 Sq Ft
1935 Built

Recently Sold

$185 Per Sq Ft

3% Below List Price

15 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 1 Level

About This Home

As of May 2025

Welcome to this charming, income-producing duplex in the sought-after Riverside neighborhood of Columbia. Built in 1935, this character-filled property features a delightful wraparound front porch and offers immediate cash flow, generating approximately $2,250 per month. Key features include: - **Versatile Layout:** Two self-contained units with generous living spaces that combine historic charm with modern potential. - **Proven Income Stream:** With a steady rental income of $2,250 per month, this property is an attractive investment for savvy buyers. - **Prime Location:** Situated in a vibrant area near Riverside Elementary, E. A. Cox Middle School, and Columbia Central High School, along with convenient access to downtown amenities. - **Expansion Possibilities:** Currently leased on both sides, the property offers flexibility—retain its dual-unit configuration for continued cash flow or convert it into a spacious single-family home with thoughtful renovations. This unique property presents a rare opportunity for both investors and homeowners looking to capitalize on a solid rental income while enjoying the charm and convenience of downtown Columbia. Schedule your appointment today—please note that tenant occupancy requires a 24-hour notice for viewings.

Last Agent to Sell the Property

Bryan Jones

Dyad Real Estate and Property Management Brokerage Phone: 6158795364 License #343857 Listed on: 03/28/2025

Last Buyer's Agent

Nancy Cleppe

Keller Williams Realty Nashville/Franklin License #308883

Keller Williams Realty Nashville/Franklin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1935

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Riverside Elementary School
  • E. A. Cox Middle School
  • Columbia Central High School

Additional Features

  • Lot Dimensions are 72x165
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $2,250
  • Assessor Parcel Number 090P F 00400 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Riverside Subdivision

Building Details

  • Gross Income $2,250
  • Net Operating Income $2,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,908

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1935
  • Inclusions: NEGOT
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 3
  • Above Grade Finished Sq Ft: 1540
  • Building Area Units: Square Feet
  • Living Area: 1540
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Aluminum Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size: 72X165
  • Lot Size Units: Acres
  • Parcel #: 090P F 00400 000
  • Property Attached Yn: Yes

Rental Info

  • Tenant Pays: Gas, Electricity, Water

Multi Family

  • Gross Income: 2250
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 2250
  • Number Of Units Total: 2
  • Total Actual Rent: 2250

Tax Info

  • Tax Annual Amount: 1908

MLS Schools

  • Elementary School: Riverside Elementary
  • High School: Columbia Central High School
  • Middle Or Junior School: E. A. Cox Middle School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2025 05/21/25 Sold $285,000 -3.4% $185 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $294,999 +136.9% $192 / Sq Ft
07/23/2020 07/23/20 Sold $124,500 -21.7% $81 / Sq Ft View Prior Sale
07/10/2020 07/10/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $159,000 -- $103 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $1,908 $69,760 $7,800 $61,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2809953

Realtracs

APN: 060090P F 00400