$390,000 - 204a E Palestine Ave, Madison
- -
- Bedrooms
- -
- Baths
- 1,612
- SQ. Feet
- 1983
- Year Built
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
Essential Information
-
- MLS® #:
- 3173156
-
- Price:
- $390,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 1,612
-
- Acres:
- 0.00
-
- Year Built:
- 1983
-
- Type:
- Residential Income
-
- Status:
- Active
Community Information
-
- Address:
- 204a E Palestine Ave
-
- Subdivision:
- Bailey
-
- City:
- Madison
-
- County:
- Davidson County, TN
-
- State:
- TN
-
- Zip Code:
- 37115
Amenities
-
- Utilities:
- Water Available
-
- Garages:
- Asphalt, Driveway
-
- View:
- City
Interior
-
- Heating:
- Baseboard
-
- Cooling:
- Wall/Window Unit(s)
-
- # of Stories:
- 2
Exterior
-
- Roof:
- Shingle
-
- Construction:
- Brick, Frame
School Information
-
- Elementary:
- Stratton Elementary
-
- Middle:
- Madison Middle
-
- High:
- Hunters Lane Comp High School
Additional Information
-
- Date Listed:
- April 11th, 2026
-
- Days on Market:
- 42
-
- Zoning:
- Multi
Listing Details
- Listing Office:
- Coldwell Banker Southern Realty
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