$799,900

151 Covington Ln Dickson, TN 37055

Estimated payment $4,420/month

Total Views 13,983
8 Beds
8 Baths
5,491 Sq Ft
$146 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Centennial Elementary School Rated 9+
  • 2 Car Garage
  • Property has 1 Level

About This Home

**MEETS 1% RULE** and over 8% cap with full occupancy. Located 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.

Listing Agent

Trey Sugg

Realty One Group Music City Brokerage Phone: 6159431644 License #328692 Listed on: 10/02/2025

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
  • Side Facing Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 5,491 Sq Ft Home
  • Property has 1 Level
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • 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
  • Special Features: None
  • 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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $5,013 $296,640 $0 $0
2024 $5,013 $296,640 $33,080 $263,560
2023 $3,349 $142,520 $22,320 $120,200
2022 $3,349 $142,520 $22,320 $120,200
2021 $0 $142,520 $22,320 $120,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2025 10/02/25 For Sale $799,900 +95.1% $146 / Sq Ft
03/27/2021 03/27/21 Sold $410,000 -36.9% $75 / Sq Ft View Prior Sale
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: 3008963

Realtracs