$799,900
UNDER CONTRACT $195K PRICE DROP

151 Covington Ln Dickson, TN 37055

Estimated payment $4,541/month

Total Views 6,921
8 Beds
8 Baths
5,491 Sq Ft
$146 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • 2 Car Garage
  • Centennial Elementary School Rated 9+
  • Central Heating
  • Carpet

About This Home

**MEETS 1% RULE** and over 8% cap just an hour drive west of Nashville. 6 rentable units - 4 residential apartments, 1 seperate garage/storage, and 1 warehouse/commercial. 5 acre property consisting of residential quadplex with full unfinished basement and 2700 sq ft metal building. Shop has finished area w/ office with bathroom. Acreage is flat and mostly clear. Quiet and secluded location. Also not far from town. Res quad units have had renovations. No HOA. Commercial zoning. Could be great for investors but also for house hackers - can purchase with FHA and conventional. 5/6 units leased.

Listing Agent

Trey Sugg

Realty One Group Music City Brokerage Phone: 6159431644 License #328692 Listed on: 04/10/2025

Realty One Group Music City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,349

Year Built

  • Built in 1983

Parking

  • 2 Car Garage
  • 8 Open Parking Spaces
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 5,491 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Schools

  • Centennial Elementary School
  • Dickson Middle School
  • Dickson County High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • 6 Units
  • County Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,349

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1983
  • Inclusions: Appliances
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: Renovated
  • Attribution Contact: 6159431644
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate
  • Total Bedrooms: 8
  • Above Grade Finished Sq Ft: 5491
  • Building Area Units: Square Feet
  • Living Area: 5491
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 8
  • Parking Features: Garage Faces Side, Driveway, Gravel
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: Commercial
  • Lot Size: 5.1
  • Lot Size Units: Acres
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: None
  • HOA Rent Includes: None
  • Tenant Pays: Electricity, Water

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 6
  • Total Actual Rent: 6400

Tax Info

  • Tax Annual Amount: 3349

MLS Schools

  • Elementary School: Centennial Elementary
  • High School: Dickson County High School
  • Middle Or Junior School: Dickson Middle School

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $799,900 -2.9% $146 / Sq Ft
06/07/2025 06/07/25 Price Changed $824,000 -0.1% $150 / Sq Ft
05/27/2025 05/27/25 Price Changed $825,000 -6.8% $150 / Sq Ft
04/19/2025 04/19/25 Price Changed $885,000 -11.1% $161 / Sq Ft
04/10/2025 04/10/25 For Sale $995,000 +142.7% $181 / Sq Ft
03/27/2021 03/27/21 Sold $410,000 -36.9% $75 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
07/02/2019 07/02/19 For Sale $650,000 -- $118 / Sq Ft
Source: Realtracs

Source: Realtracs

MLS Number: 2816260

Realtracs