Income producing duplex just 3 miles from Downtown Nashville offering strong in place returns, proven rent growth, and long term upside. Each unit features 2 bedrooms and 1 bathroom, creating a flexible setup for investors or owner occupants looking to offset their mortgage with rental income.
The property is fully leased… Read More and professionally managed, making it a true turnkey opportunity from day one. Current financials show $40,800 in gross income and approximately $38,400 net operating income, with consistent performance driven by location and demand. During current ownership, rents have increased significantly and still show room for future growth.
One unit previously operated as a short term rental and has since been converted to long term, offering optionality for future use depending on investment strategy. Whether your focus is stable cash flow, mid term rentals, or revisiting short term potential, the layout supports multiple paths.
Positioned just off Ellington Parkway between Dickerson Pike and East Nashville, the property provides a quick and convenient commute to Downtown, helping drive tenant demand and long term stability.
Listed below last appraisal using the income method, creating a compelling opportunity for investors seeking immediate returns with built in equity potential. Prior appraisal is available on request.
Situated on a deep lot in an established neighborhood with no HOA, this property combines location, income, and flexibility in one of Nashville’s most accessible and consistently performing rental corridors. Read Less
Courtesy of eXp Realty, Dennis Sanders, 6152433567.
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
1,368
Year Built
1949
MLS Number
3154879
Additional Details
Building
Built in 1949, Year Built Details: Existing, Living area: 1368, Living area units: Square Feet, Levels: One, Construction Materials: Hardboard Siding
Cooling
Central Air, Electric
Expenses
Operating: $2,400
Floors
Wood, Luxury Vinyl, Tile, Vinyl
Heating
Central, Electric
Income
Gross Income: $40,800, Net Operating Income: $38,400
Laundry
Individual, Electric Dryer Hookup, Washer Hookup
Lot
Dimensions: 75 X 290
Parking
6 open parking spaces, 6 total parking spaces, Driveway, Gravel
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Based on information submitted to the MLS GRID as of . 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.
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