Cap rate of 6% at current rent rates. 8% at market rent! Previous owner was maticulous with maintenance and personally collected rent monthly from the tenants prior to his passing approx 1 yr ago. It has been professionally managed since. Interior of property will only be shown after an accepted sales agreement is in place and with no less than a 24 hour notice to the residents. Unit #5 is a one room efficiency leased for $650 per month.
Closed
$685,000
103 Forrest St, Ashland City, TN 37015
16beds
4baths
3,552sqft
Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$193/sqft
$1,869 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,869/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing Provided by:
Robyn H Smith 615-446-9090,
The Property Place Inc.
Bought with:
Patty F. Kennedy, 244043
Goldstar Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3132891
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: Individual
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 3,552
- Total interior livable area: 3,552 sqft
- Finished area above ground: 3,552
Property
Features
- Levels: One
- Stories: 1
Lot
- Dimensions: 130M x 160 x 130M x 150M
Details
- Parcel number: 055F D 00900 000
- Zoning: res
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & neighborhood
Location
- Region: Ashland City
HOA & financial
Other financial information
- Total actual rent: 3875
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | $685,000-8.7%$193/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3132891 Report a problem | ||
| 3/2/2026 | Pending sale | $750,000$211/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3132891 Report a problem | ||
| 2/19/2026 | Listed for sale | $750,000+197.3%$211/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3132891 Report a problem | ||
| 2/18/2000 | Sold | $252,250$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,625 +13.4% | $163,440 |
| 2024 | $3,197 +22.4% | $163,440 +98.7% |
| 2023 | $2,613 +4% | $82,240 |
| 2022 | $2,514 +1.7% | $82,240 |
| 2021 | $2,473 +0.9% | $82,240 |
| 2020 | $2,451 | $82,240 |
| 2019 | $2,451 -16.3% | $82,240 -1.2% |
| 2018 | $2,928 0% | $83,240 |
| 2017 | $2,928 +15.4% | $83,240 |
| 2016 | $2,538 -6% | $83,240 |
| 2015 | $2,700 +16.7% | $83,240 |
| 2014 | $2,314 | $83,240 |
| 2013 | -- | $83,240 +5% |
| 2012 | $2,571 +0% | $79,240 |
| 2011 | $2,570 | $79,240 |
| 2010 | $2,570 | $79,240 |
| 2009 | $2,570 | $79,240 |
| 2008 | $2,570 | $79,240 |
| 2007 | $2,570 -11.9% | $79,240 |
| 2006 | $2,916 +23.7% | $79,240 +23.7% |
| 2005 | $2,358 | $64,080 |
| 2004 | $2,358 +1.1% | $64,080 |
| 2003 | $2,333 | $64,080 0% |
| 2001 | -- | $64,087 -60% |
| 2000 | -- | $160,218 |
Find assessor info on the county website
Neighborhood: 37015
Nearby schools
GreatSchools rating
- 3/10Ashland City Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 7/10Cheatham Middle SchoolGrades: 5-8Distance: 2.7 mi
- 3/10Cheatham Co CentralGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Ashland City Elementary
- Middle: Cheatham Middle School
- High: Cheatham Co Central
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Tennessee
- Cheatham County
- Ashland City
- 37015
- 103 Forrest St
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