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  • $1,250,000

    116 S Graycroft Ave, Madison, TN 37115

    --beds
    --baths
    1.92Acres
    Unimproved Land
    Built in ----
    1.92 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Two side-by-side properties
    Prime Development or Investment Opportunity! Rare chance to acquire two side-by-side properties at 116 S & 118 S Graycroft Ave, offered together on a combined 1.92 acres. Whether you’re looking to redevelop, tear down and build, or hold as income-producing assets, this property delivers flexibility and upside. Both homes are in excellent condition, making them ideal for immediate rental or interim use while planning future development. Located in a desirable and convenient area with strong growth potential. Parcel IDs: 042-14-0-096.00 & 042-14-0-097.00 Opportunities like this, size, location, and dual parcels—don’t comr around often.
    93 days
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    76
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Russell 615-429-7323,

    Reliant Realty ERA Powered 615-859-7150

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3171271MLS Logo

      Facts & features

      Interior

      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Lot
      • Size: 1.92 Acres
      • Dimensions: 115 x 37592
      • Features: Level
      • Topography: Level
      Details
      • Parcel number: 04214009600
      • Zoning: Rs20
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Madison

      Financial & listing details

      • Tax assessed value: $368,100
      • Annual tax amount: $2,590
      • Date on market: 4/10/2026
      • Inclusions: Land And Buildings
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/10/2026Listed for sale$1,250,000+489.6%
        Source: RealTracs MLS as distributed by MLS GRID #3171272 Report a problem
        5/9/2019Sold$212,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,590 +50.1%$92,025 +73.6%
        2024$1,725 $53,025
        2023$1,725 $53,025
        2022$1,725 -1%$53,025
        2021$1,743 -8.7%$53,025 +17.2%
        2020$1,909 +33.8%$45,225
        2019$1,427 $45,225
        2018$1,427 +26.4%$45,225
        2017$1,129 $45,225 +48.2%
        2016-- $30,525
        2015$1,129 -5.8%$30,525
        2014$1,198 $30,525
        2013-- $30,525 -3.7%
        2012-- $31,700
        2011-- $31,700
        2010-- $31,700
        2009-- $31,700 +12.7%
        2008-- $28,125
        2007-- $28,125
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000-- --
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37115

        Getting around

        5 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Stratton Elementary
        • Middle: Madison Middle
        • High: Hunters Lane Comp High School

        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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