240 Lanier Dr Madison, TN 37115
Heron Walk NeighborhoodEstimated payment $3,412/month
Highlights
- Wood Flooring
- 2 Car Attached Garage
- Wood Siding
- No HOA
- Central Heating and Cooling System
About This Home
Multi-family Investment property featuring a classic triplex with three spacious 1BR/1BA units, plus a detached 1BR/1BA cottage unit for 4 total units. Located in Madison with easy access to Nashville with nearby shopping and dining in Inglewood, East Nashville and the Rivergate area. 2 units have their own laundry, and a third laundry area is shared by 2 units. there are 2 garage bays and plenty of parking. All units are rented with 2 units having tenants that have been there more than 3 years. PLEASE do not disturb tenants or go on the property without an appointment.
Listing Agent
Sneaky Ninja, Inc. Brokerage Phone: 6152946910 License # 318487 Listed on: 07/15/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,739
Year Built
- Built in 1940
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- Rear-Facing Garage
Home Design
- Quadruplex
- Wood Siding
Interior Spaces
- Property has 2 Levels
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Schools
- Stratton Elementary School
- Madison Middle School
- Hunters Lane Comp High School
Additional Features
- Lot Dimensions are 75 x 166
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for water
- Rent includes water
- Assessor Parcel Number 04314008400
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Gross Income $46,320
- Net Operating Income $46,320
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,299 | $152,785 | $36,000 | $116,785 |
| 2024 | $4,267 | $131,120 | $20,000 | $111,120 |
| 2023 | $4,267 | $131,120 | $20,000 | $111,120 |
| 2022 | $4,267 | $131,120 | $20,000 | $111,120 |
| 2021 | $4,311 | $131,120 | $20,000 | $111,120 |
| 2020 | $3,349 | $79,345 | $8,000 | $71,345 |
| 2019 | $2,503 | $79,345 | $8,000 | $71,345 |
| 2018 | $2,503 | $79,345 | $8,000 | $71,345 |
| 2017 | $2,503 | $79,345 | $8,000 | $71,345 |
| 2016 | $1,348 | $34,350 | $4,000 | $30,350 |
| 2015 | $1,348 | $34,350 | $4,000 | $30,350 |
| 2014 | $1,348 | $34,350 | $4,000 | $30,350 |
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 |
|---|---|---|---|---|
| 07/15/2026 07/15/26 | For Sale | $549,000 | 0.0% | $222 / Sq Ft |
| 05/15/2026 05/15/26 | Rented | -- | -- | -- |
| 05/05/2026 05/05/26 | For Rent | $1,100 | -- | -- |
| 06/24/2020 06/24/20 | Rented | -- | -- | -- |
| 06/24/2020 06/24/20 | Under Contract | -- | -- | -- |
| 05/22/2020 05/22/20 | For Rent | -- | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $339,500 | Grissim Title & Escrow Llc | |
| Warranty Deed | $230,000 | Grissim Title & Escrow Llc | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $148,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Closed | $305,550 | Unknown | |
| Previous Owner | $172,500 | New Conventional | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $97,500 | No Value Available |
Source: Realtracs
MLS Number: RTC3282470
APN: 043-14-0-084
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.