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Listed price in listed location currency (USD).
$390,000

000

MLS® 3173156

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 1612 sqft
Garage No
Taxes $3,522
Days Active 1
Lot Size 
Approx. Age 1983
Avg. Price Per Sqft $241
MLS® Number 3173156

Property Address: 204A E Palestine Ave, Madison, TN, 37115

Average square foot calculated using Size range provided by listing agent.

Description

Public Remarks: 10 full units completely rented and always rented. This is investors dream with instant revenue stream. Currently posting a NOI over $133k per year and that will only increase. Some rents under market and 2 units increasing rent by $248 per month. All of this with super low expenses as all units on separate utility meters. All units are 2-bedroom 1 bath units and recently remodeled as well. Each unit features a wood burning fireplace and believe it or not, washer and dryer inside the unit as well. Great setup to properties as occupants have either a downstairs patio or second floor deck. Owner recently replaced roofs plus finished other repairs and updates for this sale. Less than 8 miles from downtown, 3 miles to Opry Mall and just seconds to new shopping district. Price is per each duplex! Please see other MLS numbers to include 202, 204, 206 adn 208 E Palestine. Other property ids include 051-08-0-204.00, 051-08-0-205.00, 051-08-0-206.00 and 051-08-0-207.00
MLS® Number3173156
Laundry LevelIndividual, Electric Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1983
Basement
DrivewayAsphalt, Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Appliances, Negotiable

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 11, 2026List Date
$390,000List Price

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