NOT LISTED FOR SALE
8 Beds
2 Baths
3,700 Sq Ft
1970 Built

Sale Details

Date Sold: January 8, 2026

Last sale price $600,000 $162 Per Sq Ft

73 Days on Market

Highlights

  • No HOA
  • Carpet
  • Heating Available

About This Home

As of January 2026

OPEN HOUSES WED Oct 15, 1 to 3pm and THURS OCT 16, 9 to 11 am. Please come at one of these times. 6 unit stand alone multifamily building in the heart of Madison close to Gallatin Rd, bus stops, grocery stores, gas stations, new local coffee shop, Pizza place and a developing thriving community. SHORT TERM RENTAL elligible. Permit to be obtained from Metro Nashville. All info to be verified. This apartment stays rented. There are 4 units with 2 bedroom 1 bath and 2 studio units with 1. BRAND NEW ROOF, SIDING AND GUTTERS. bathroom. Every unit is renovated except one. The building has recently been renovated and painted. No owner financing.Rental income $5400 a month.

Last Agent to Sell the Property

Robyn Morshead

WEICHERT, REALTORS - The Andrews Group Brokerage Phone: 6156680169 License # 304582 Listed on: 03/22/2025

WEICHERT, REALTORS - The Andrews Group

Last Buyer's Agent

Tyler Forte

Felix Homes License #354823

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,896

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 100 x 112

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,700 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway

Schools

  • Stratton Elementary School
  • Madison Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $3,085
  • The owner pays for water
  • Rent includes water
  • Assessor Parcel Number 04313024900

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Madison Realty Subdivision

Building Details

  • Gross Income $5,245
  • Net Operating Income $5,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,896

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1970
  • Inclusions: Appliances
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Total Bedrooms: 8
  • Above Grade Finished Sq Ft: 3700
  • Building Area Units: Square Feet
  • Living Area: 3700
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Open Parking Spaces: 6
  • Parking Features: Asphalt
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: OR20
  • Lot Size: 100 X 112
  • Lot Size Units: Acres
  • Parcel #: 04313024900
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Water
  • HOA Rent Includes: Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 5245
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 5245
  • Number Of Units Total: 6
  • Total Actual Rent: 3085

Tax Info

  • Tax Annual Amount: 5896

MLS Schools

  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison Middle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2025
Closed on
Jan 9, 2026
Sold by
Ab Property Llc
Bought by
Seller's Agent
Robyn Morshead
WEICHERT, REALTORS - The Andrews Group
Buyer's Agent
Tyler Forte
Felix Homes
List Price
$749,000
Sold Price
$600,000
Premium/Discount to List
-$149,000
-19.89%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$447,835
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2013
Sold by
Hamilton Ralph F
Bought by
Ab Property Llc

Purchase Details

Closed on
Apr 17, 2008
Sold by
Tkr Properties
Bought by
Hamilton Ralph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2004
Sold by
Swartz Terry Keller and Swartz Donald R
Bought by
Tkr Properties

Purchase Details

Closed on
Mar 21, 2003
Sold by
Swartz Terry Keller
Bought by
Swartz Donald R and Swartz Terry Keller

Purchase Details

Closed on
Nov 7, 2002
Sold by
Tkr Properties
Bought by
Atks Properties

Purchase Details

Closed on
Oct 27, 1998
Sold by
Keller Terry
Bought by
Tkr Properties

Purchase Details

Closed on
Jan 22, 1998
Sold by
Fitzpatrick Thomas J
Bought by
Keller Terry
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Heron Walk, TN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 None Listed On Document
Ab Property Llc $270,000 Bridgehouse Title Llc
Hamilton Ralph F $290,000 Commerce Title & Escrow Llc
Tkr Properties -- --
Swartz Donald R -- --
Atks Properties -- --
Tkr Properties -- --
Keller Terry $167,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Previous Owner Hamilton Ralph F $246,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/08/2026 01/08/26 Sold $600,000 -5.4% $162 / Sq Ft
10/15/2025 10/15/25 Price Changed $634,000 -0.2% $171 / Sq Ft
09/30/2025 09/30/25 Price Changed $635,000 -4.5% $172 / Sq Ft
09/15/2025 09/15/25 Price Changed $665,000 -1.5% $180 / Sq Ft
08/14/2025 08/14/25 Price Changed $675,000 -2.9% $182 / Sq Ft
07/30/2025 07/30/25 Price Changed $695,000 -12.6% $188 / Sq Ft
07/30/2025 07/30/25 Price Changed $795,000 +12.0% $215 / Sq Ft
07/15/2025 07/15/25 Price Changed $710,000 -2.1% $192 / Sq Ft
06/17/2025 06/17/25 Price Changed $724,900 -3.2% $196 / Sq Ft
06/10/2025 06/10/25 For Sale $749,000 0.0% $202 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $749,000 -5.7% $202 / Sq Ft
04/28/2025 04/28/25 Price Changed $794,000 -0.6% $215 / Sq Ft
03/22/2025 03/22/25 For Sale $799,000 0.0% $216 / Sq Ft
06/14/2016 06/14/16 Off Market $295,000 -- --
06/07/2016 06/07/16 For Rent $295,000 -- --
07/05/2014 07/05/14 Rented -- -- --
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,713 $309,640 $72,000 $237,640
2024 $5,896 $181,200 $38,400 $142,800
2023 $5,896 $181,200 $38,400 $142,800
2022 $5,896 $181,200 $38,400 $142,800
2021 $5,958 $181,200 $38,400 $142,800
2020 $4,858 $115,080 $33,600 $81,480
2019 $3,631 $115,080 $33,600 $81,480
2018 $0 $115,080 $33,600 $81,480
2017 $3,631 $115,080 $33,600 $81,480
2016 $4,403 $112,200 $31,200 $81,000
2015 $4,403 $112,200 $31,200 $81,000
2014 $4,403 $112,200 $31,200 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: RTC2807751

Realtracs
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