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$489,000 - 145 Rio Vista Dr, Madison

3
Bedrooms
Baths
1,845
SQ. Feet
0.46
Acres

Tenant occupied leased @ $2,850/mo — 10 min to Rivergate, 15 to Downtown. Turn-key 6%+ cap rate with rare 2.375% VA loan assumption option for VA-qualified buyer. Modern home, fenced yard, income now or move-in later! This beautiful property offers immediate cash flow for investors or a future move-in opportunity for owner-occupants. Located in a high-growth Madison corridor, it features tall ceilings, an open floor plan, and durable finishes that keep maintenance low and tenants happy. The spacious kitchen with large island and stainless-steel appliances flows into bright living areas, perfect for entertaining. A fully fenced, oversized backyard provides privacy and outdoor enjoyment. With its prime location and strong rent this home delivers exceptional value and long-term flexibility. Do not disturb tenants. Showings by appointment only with 24-hour notice.

Essential Information

  • MLS® #:
    3013479
  • Price:
    $489,000
  • Bedrooms:
    3
  • Bathrooms:
    2.50
  • Full Baths:
    2
  • Half Baths:
    1
  • Square Footage:
    1,845
  • Acres:
    0.46
  • Year Built:
    2021
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Under Contract - Showing

Community Information

  • Address:
    145 Rio Vista Dr
  • Subdivision:
    Anderson Estates
  • City:
    Madison
  • County:
    Davidson County, TN
  • State:
    TN
  • Zip Code:
    37115

Amenities

  • Utilities:
    Electricity Available, Water Available

Interior

  • Appliances:
    Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Heating:
    Central, Electric
  • Cooling:
    Central Air, Electric
  • # of Stories:
    2

Exterior

  • Construction:
    Fiber Cement, Hardboard Siding

School Information

  • Elementary:
    Amqui K-8 School
  • Middle:
    Neely's Bend Middle
  • High:
    Hunters Lane Comp High School

Additional Information

  • Date Listed:
    October 8th, 2025
  • Days on Market:
    62

Listing Details

  • Listing Office:
    Benchmark Realty

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on January 19th, 2026 at 7:54pm CST.