$650,000

920 N Graycroft Ave Madison, TN 37115

Madison Neighborhood

Estimated payment $3,647/month

Total Views 29
5 Beds
4 Baths
3,058 Sq Ft
$213 Price per Sq Ft

Highlights

  • Marble Flooring
  • Cooling Available
  • Zoned Heating System
  • No HOA
  • Park
  • Property has 1 Level

About This Home

Investor’s Dream!
Three units in one: a main house, an in-law suite, and an attached guest house. This one-of-a-kind property featuriing all-brick and hardboard construction with luxurious finishes throughout, including hardwood, marble, tile floors, and granite and quartz countertops.
•Main House & In-Law Suite: Both units boast granite countertops, tile backsplashes, gas ranges in one kitchen, and sleek walk-in showers.
•Guest House: Designed with luxury in mind, it includes quartz countertops, a marble backsplash, a marble fireplaces in the common area and primary bedroom, a spa-like shower with marble floors, and in-unit laundry. Covered Porch, Koi Pond, Flower Garden, and Outdoor Fireplace attached to Guest House.

This property is perfect for investors or multi-generational living. Endless potential awaits!

Listing Agent

Thee Gaines

Hodges and Fooshee Realty Inc. Brokerage Phone: 6152008656 License #324556 Listed on: 10/06/2025

Hodges and Fooshee Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,248

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 130 x 418

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Shingle Roof
  • Hardboard

Interior Spaces

  • 3,058 Sq Ft Home
  • Property has 1 Level

Flooring

  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Carport Spaces
  • Parking Pad
  • Gravel Driveway

Schools

  • Stratton Elementary School
  • Madison Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Zoned Heating System

Listing and Financial Details

  • The owner pays for electricity, water
  • Rent includes electricity, water
  • Assessor Parcel Number 04203007300

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Primrose Acres Subdivision

Recreation

  • Park

Building Details

  • Operating Expense $8,000
  • Gross Income $38,400
  • Net Operating Income $30,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,248

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1959
  • Inclusions: Other
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Wood, Laminate, Marble, Tile
  • Total Bedrooms: 5
  • Above Grade Finished Sq Ft: 3058
  • Building Area Units: Square Feet
  • Living Area: 3058
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Yn: No
  • Open Parking Spaces: 5
  • Parking Features: Detached, Gravel, Parking Pad
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, Other
  • Cooling Y N: Yes
  • Heating: Central, Electric, Other, Zoned
  • Heating Yn: Yes
  • Laundry Features: Individual, Gas Dryer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Amenities: Dog Park, Park
  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: Rs20
  • Lot Size: 130 X 418
  • Lot Size Units: Acres
  • Parcel #: 04203007300
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Electricity, Water
  • HOA Rent Includes: Electricity, Water
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 38400
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 30400
  • Number Of Units Total: 2
  • Annual Operating Expense: 8000
  • Total Actual Rent: 3200

Tax Info

  • Tax Annual Amount: 2248

MLS Schools

  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison 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 $2,248 $69,075 $20,125 $48,950
2023 $2,248 $69,075 $20,125 $48,950
2022 $2,248 $69,075 $20,125 $48,950
2021 $2,271 $69,075 $20,125 $48,950
2020 $1,842 $43,650 $12,950 $30,700
2019 $1,377 $43,650 $12,950 $30,700
2018 $1,377 $43,650 $12,950 $30,700
2017 $1,377 $43,650 $12,950 $30,700
2016 $1,192 $30,375 $7,550 $22,825
2015 $1,192 $30,375 $7,550 $22,825
2014 $1,192 $30,375 $7,550 $22,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2025 10/06/25 For Sale $650,000 +293.9% $213 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
08/06/2016 08/06/16 For Sale $165,000 0.0% $88 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $165,000 +469.0% $88 / Sq Ft
12/31/2015 12/31/15 Pending -- -- --
12/30/2015 12/30/15 For Sale $29,000 -77.7% $15 / Sq Ft
12/30/2015 12/30/15 Off Market $130,000 -- --
12/23/2015 12/23/15 For Sale $29,000 -77.7% $15 / Sq Ft
12/20/2015 12/20/15 Off Market $130,000 -- --
12/11/2015 12/11/15 For Sale $1 -100.0% $0 / Sq Ft
04/01/2014 04/01/14 Sold $130,000 0.0% $69 / Sq Ft View Prior Sale
03/29/2014 03/29/14 Sold $130,000 -- $69 / Sq Ft View Prior Sale
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 Property Title Services Llc
Warranty Deed $63,700 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,645 FHA
Previous Owner $39,700 Seller Take Back
Source: Public Records

Source: Realtracs

MLS Number: 3012200

Realtracs

APN: 042-03-0-073