$510,000
$15K PRICE DROP

Estimated payment $2,998/month

Total Views 2,108
4 Beds
2 Baths
1,640 Sq Ft
$311 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating
  • Property has 1 Level
  • Cooling Available
  • Vinyl Flooring

About This Home

Fantastic location for this cash-flowing Duplex on the edge of the Nations. Walking distance to Fat Bottom Brewery and Pennington Distillery. Just around the corner from Tennessee State University. Remodeled completely in 2021 with new flooring, paint, quartz countertops, windows, water heater, HVAC and more. This is a true duplex (separate meters, HVAC & water heaters); 2bed/1bath units, currently rented for $1,650 and $1,500. Unit A(front) - leased through June 2026; Unit B(back) - leased through April 2026. Market rate estimated at $1,650/each unit. Showings allowed only with accepted offer.

Listing Agent

Kevin Banks

Compass RE Brokerage Phone: 6157397400 License #343821 Listed on: 05/03/2025

Compass RE

Co-Listing Agent

Alex Helton

Compass RE Brokerage Phone: 6157397400 License #310924

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 50 x 150

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 4 Bedrooms
  • 1,640 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring

Schools

  • Cockrill Elementary School
  • Moses Mckissack Middle School
  • Pearl Cohn Magnet High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 09108024600

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West Nashville Subdivision

Building Details

  • Operating Expense $8,000
  • Gross Income $37,800
  • Net Operating Income $29,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,362

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1979
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • Attribution Contact: 6157397400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1640
  • Building Area Units: Square Feet
  • Living Area: 1640
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RS5
  • Lot Size: 50 X 150
  • Lot Size Units: Acres
  • Parcel #: 09108024600
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 37800
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 29800
  • Number Of Units Total: 2
  • Annual Operating Expense: 8000
  • Total Actual Rent: 3150

Tax Info

  • Tax Annual Amount: 3362

MLS Schools

  • Elementary School: Cockrill Elementary
  • High School: Pearl Cohn Magnet High School
  • Middle Or Junior School: Moses McKissack Middle

Map

Range of Values:

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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
2024 $3,362 $103,320 $38,000 $65,320
2023 $3,362 $103,320 $38,000 $65,320
2022 $3,362 $103,320 $38,000 $65,320
2021 $3,397 $103,320 $38,000 $65,320
2020 $2,413 $57,160 $20,800 $36,360
2019 $1,803 $57,160 $20,800 $36,360
2018 $1,803 $57,160 $20,800 $36,360
2017 $1,803 $57,160 $20,800 $36,360
2016 $1,722 $38,120 $8,000 $30,120
2015 $1,722 $38,120 $8,000 $30,120
2014 $1,722 $38,120 $8,000 $30,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $410,000 0.0% $248 / Sq Ft
03/26/2021 03/26/21 Sold $410,000 0.0% $248 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/04/2021 03/04/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $410,000 0.0% $248 / Sq Ft
03/03/2021 03/03/21 For Sale $410,000 -- $248 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $410,000 Chapman & Rosenthal Ttl Inc
Warranty Deed $220,000 Rudy Title & Escrow Llc
Warranty Deed $165,000 Providence Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $273,750 New Conventional
Previous Owner $195,000 Commercial
Previous Owner $188,291 VA
Source: Public Records

Source: Realtracs

MLS Number: 2866359

Realtracs

APN: 091-08-0-246