909 Hospital Dr Madison, TN 37115
Heron Walk NeighborhoodEstimated payment $2,902/month
Highlights
- No HOA
- Cooling Available
- Central Heating
- 2 Car Attached Garage
About This Home
Discover an excellent investment opportunity in Madison, TN with this well-maintained duplex on a spacious lot! The upstairs unit features 2 bedrooms and 1 full bath, while the downstairs unit offers 3 bedrooms and 1.5 baths, providing flexibility for a variety of living arrangements. Both units have updated kitchens and bathrooms along with hardwood floors, crisp white paint and lots of natural light. A convenient shared laundry and a large yard offers plenty of outdoor space for tenants to enjoy. With its desirable location and strong rental potential, this property is ideal for investors or owner-occupants looking to generate steady income.
Listing Agent
Sneaky Ninja, Inc. Brokerage Phone: 6152946910 License # 318487 Listed on: 09/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,446
Year Built
- Built in 1940
Lot Details
- Lot Dimensions are 100 x 175
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Frame Construction
Interior Spaces
- 2,060 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Schools
- Neely's Bend Elementary School
- Neely's Bend Middle School
- Hunters Lane Comp High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- The owner pays for electricity, gas, trash collection, water
- Rent includes electricity, gas, trash collection, water
- Assessor Parcel Number 05203008500
Community Details
Overview
- No Home Owners Association
- 2 Units
- Home Acres Subdivision
Building Details
- Gross Income $43,620
- Net Operating Income $43,620
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,446 | $75,175 | $16,525 | $58,650 |
| 2023 | $2,446 | $75,175 | $16,525 | $58,650 |
| 2022 | $2,446 | $75,175 | $16,525 | $58,650 |
| 2021 | $2,472 | $75,175 | $16,525 | $58,650 |
| 2020 | $1,970 | $46,675 | $7,200 | $39,475 |
| 2019 | $1,473 | $46,675 | $7,200 | $39,475 |
| 2018 | $1,473 | $46,675 | $7,200 | $39,475 |
| 2017 | $1,473 | $46,675 | $7,200 | $39,475 |
| 2016 | $1,247 | $31,775 | $6,750 | $25,025 |
| 2015 | $1,247 | $31,775 | $6,750 | $25,025 |
| 2014 | $1,247 | $31,775 | $6,750 | $25,025 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $499,000 | 0.0% | $242 / Sq Ft |
| 09/04/2025 09/04/25 | For Sale | $499,000 | +21.7% | $242 / Sq Ft |
| 07/27/2022 07/27/22 | Sold | $410,000 | +5.2% | $199 / Sq Ft |
| 06/26/2022 06/26/22 | Pending | -- | -- | -- |
| 06/15/2022 06/15/22 | For Sale | $389,900 | +136.4% | $189 / Sq Ft |
| 03/16/2018 03/16/18 | Pending | -- | -- | -- |
| 02/27/2018 02/27/18 | Price Changed | $164,900 | -5.7% | $75 / Sq Ft |
| 02/03/2018 02/03/18 | For Sale | $174,900 | -7.9% | $80 / Sq Ft |
| 08/05/2016 08/05/16 | Sold | $190,000 | -- | $86 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | Wagon Wheel Title | |
| Warranty Deed | $190,000 | Four Star Title Llc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $107,000 | Lehman Land Title Inc | |
| Trustee Deed | $130,086 | None Available | |
| Warranty Deed | $124,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $307,500 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $180,500 | New Conventional | |
| Previous Owner | $142,400 | Unknown | |
| Previous Owner | $140,000 | Unknown | |
| Previous Owner | $118,655 | No Value Available | |
| Previous Owner | $78,500 | Unknown |
Source: Realtracs
MLS Number: 2989077
APN: 052-03-0-085
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