1405 Highland Ave is a centrally located stone triplex that blends historic character with proven investment performance. Located just steps from Columbia’s thriving Arts District, the property is walkable to downtown restaurants, coffee shops, boutiques, and local favorites, positioning it in one of the city’s most desirable high-traffic corridors.
This commercially zoned property (CD-3) has operated as a consistent cash-flowing rental for years and offers both stability and future upside. Last appraised at $375,000 in 2023, the property presents an excellent opportunity for investors seeking a workforce-grade rental with value-add potential through strategic cosmetic improvements and finish upgrades.
The property currently has two vacant units available for showing, while Unit #1 is occupied by a long-term legacy tenant on a month-to-month lease.
Capital improvements include approximately $30,000 in foundation work completed in 2021, new water heaters installed in 2024, and updated flooring in Unit #2 completed in 2021.
Seller is open to creative purchase structures including seller financing and lease-to-own terms for qualified buyers.
Under contract - showing
$345,000
1405 Highland Ave, Columbia, TN 38401
6beds
6baths
2,051sqft
:
Get pre-qualified$2,126/mo
Multi Family
Built in 1936
-- sqft lot
$-- Zestimate®
$168/sqft
$-- HOA
What's special
- 31 days |
- 165 |
- 3 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
David Blalock 855-856-9466,
simpliHOM 855-856-9466
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3251108
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Natural Gas, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Wood
Interior area
- Total structure area: 2,051
- Total interior livable area: 2,051 sqft
- Finished area above ground: 2,051
Property
Parking
- Parking features: Gravel, Parking Lot
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,876 Square Feet
- Dimensions: 53 x 92 IRR
Details
- Parcel number: 100L E 00200 000
- Zoning: CD-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Columbia
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $213,900
- Annual tax amount: $2,340
- Date on market: 6/26/2026
- Inclusions: Appliances
- Total actual rent: 3200
- Tenant pays: Electricity, Gas, Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Contingent | $345,000$168/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3251108 Report a problem | ||
| 6/26/2026 | Listed for sale | $345,000+15.4%$168/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3251108 Report a problem | ||
| 5/20/2025 | Listing removed | $299,000$146/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2865764 Report a problem | ||
| 5/2/2025 | Listed for sale | $299,000+20.6%$146/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2865764 Report a problem | ||
| 8/30/2021 | Sold | $248,000-0.4%$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2226351 Report a problem | ||
| 5/18/2021 | Pending sale | $249,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2226351 Report a problem | ||
| 4/3/2021 | Listed for sale | $249,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2226351 Report a problem | ||
| 3/27/2021 | Pending sale | $249,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2226351 Report a problem | ||
| 3/17/2021 | Listed for sale | $249,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2226351 Report a problem | ||
| 3/11/2021 | Pending sale | $249,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2226351 Report a problem | ||
| 3/10/2021 | Listed for sale | $249,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2226351 Report a problem | ||
| 2/27/2021 | Pending sale | $249,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2226351 Report a problem | ||
| 2/24/2021 | Listed for sale | $249,000$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2226351 Report a problem | ||
| 2/9/2021 | Pending sale | $249,000+39.1%$121/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2226351 Report a problem | ||
| 12/23/2019 | Sold | $179,000-0.5%$87/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2046513 Report a problem | ||
| 7/27/2019 | Pending sale | $179,900$88/sqft |
Source: Keller Williams Realty #2046513 Report a problem | ||
| 7/27/2019 | Listed for sale | $179,900$88/sqft |
Source: Keller Williams Realty #2046513 Report a problem | ||
| 6/21/2019 | Listing removed | $179,900$88/sqft |
Source: Keller Williams Realty #2046513 Report a problem | ||
| 6/1/2019 | Price change | $179,900-9.6%$88/sqft |
Source: Keller Williams Realty #2046513 Report a problem | ||
| 12/6/2018 | Price change | $199,000-24.9%$97/sqft |
Source: Benchmark Realty, LLC #1986929 Report a problem | ||
| 11/6/2018 | Price change | $265,000+6%$129/sqft |
Source: Benchmark Realty, LLC #1986929 Report a problem | ||
| 9/17/2018 | Listed for sale | $250,000$122/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,340 | $85,560 |
| 2024 | $2,340 | $85,560 |
| 2023 | $2,340 | $85,560 |
| 2022 | $2,340 +119.7% | $85,560 +172.8% |
| 2021 | $1,065 | $31,360 |
| 2020 | $1,065 +51.9% | $31,360 |
| 2019 | $701 -34.1% | $31,360 |
| 2018 | $1,065 +7.1% | $31,360 +34.2% |
| 2017 | $994 | $23,360 |
| 2016 | $994 +4.8% | $23,360 |
| 2015 | $948 | $23,360 |
| 2014 | $948 | $23,360 |
| 2013 | -- | $23,360 +10% |
| 2012 | $858 +3.3% | $21,240 0% |
| 2011 | $830 | $21,249 |
| 2010 | $830 | $21,249 |
| 2009 | -- | $21,249 +7.1% |
| 2008 | $770 +8.4% | $19,845 |
| 2007 | $710 +2.6% | $19,845 |
| 2006 | $693 -7.3% | $19,845 +3% |
| 2005 | $747 +4.3% | $19,259 |
| 2004 | $716 | $19,259 |
| 2002 | $716 | $19,259 |
| 2001 | -- | $19,259 -59.7% |
| 2000 | -- | $47,815 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 38401
Nearby schools
GreatSchools rating
- 5/10Highland Park Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 4/10Whitthorne Middle SchoolGrades: 5-8Distance: 2.6 mi
- 4/10Columbia Central High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Highland Park Elementary
- Middle: Whitthorne Middle School
- High: Columbia Central 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.
- $--1 bd1 ba500 sqft1405 Highland Ave #B, Columbia, TN 38401Off Market
- $--1 bd1 ba-- sqft1405 Highland Ave #2, Columbia, TN 38401Off Market
- $278,0001 bd1 ba1.8k sqft1401 Highland Ave, Columbia, TN 38401Off Market
- $1,3002 bd1 ba883 sqft1409 Highland Ave, Columbia, TN 38401For Rent
- $--2 bd1 ba883 sqft1409 Highland Ave #A, Columbia, TN 38401Off Market
- $129,300-- bd0 ba1.2k sqft1404 Highland Ave, Columbia, TN 38401Off Market
- $1,008,6003 bd2 ba1.5k sqft209 W 13th St, Columbia, TN 38401Off Market
- $750,0004 bd4 ba3.8k sqft1400 Highland Ave, Columbia, TN 38401For Sale
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $374,9004 bd4 ba2.1k sqft311 W 15th St, Columbia, TN 38401For Sale
MLS ID #3298113, Michele (Shelly) Goolsby. RealTracs MLS as distributed by MLS GRID - $315,0004 bd2 ba2.1k sqft2116 Denham Ave, Columbia, TN 38401For Sale
MLS ID #3272384, Jennifer B. Watson. RealTracs MLS as distributed by MLS GRID - $359,9003 bd2 ba1.7k sqft1812 Morningside Ave, Columbia, TN 38401For Sale
MLS ID #3244925, Daniel Hallum. RealTracs MLS as distributed by MLS GRID - $325,0003 bd3 ba2.6k sqft112 8th Ave, Columbia, TN 38401For Sale
MLS ID #3254968, Jessica Hensley. RealTracs MLS as distributed by MLS GRID - $309,9004 bd2 ba1.3k sqft2306 Thomas Ave, Columbia, TN 38401For SaleMLS ID #3251883, Matthew Martin. RealTracs MLS as distributed by MLS GRID
- $334,9003 bd2 ba1.5k sqft700 Mitchell Ave, Columbia, TN 38401For SaleMLS ID #3230831, Brad Wolf. RealTracs MLS as distributed by MLS GRID
- $350,0003 bd2 ba1.5k sqft907 Camellia Dr, Columbia, TN 38401For SaleMLS ID #3190974, Christine Brinson. RealTracs MLS as distributed by MLS GRID
- $400,0003 bd2 ba2k sqft806 Fleming St, Columbia, TN 38401For SaleMLS ID #3305276, Robert Stroede. RealTracs MLS as distributed by MLS GRID
- $359,9003 bd2 ba1.8k sqft2407 Keith Dr, Columbia, TN 38401For SaleMLS ID #3211376, Kim Buchanan. RealTracs MLS as distributed by MLS GRID
- $429,0004 bd2 ba2.3k sqft1102 Hiwassee Dr, Columbia, TN 38401For SaleMLS ID #3250855, Nathan McBroom. RealTracs MLS as distributed by MLS GRID
- $340,0003 bd2 ba1.4k sqft1646 Lillian Cir, Columbia, TN 38401For SaleMLS ID #3259741, MacKenzie A Bybee. RealTracs MLS as distributed by MLS GRID
- $368,9003 bd2 ba1.6k sqft1818 Groveland Ridge Rd, Columbia, TN 38401For SaleMLS ID #3304311, Dean Brown. RealTracs MLS as distributed by MLS GRID
- $299,5003 bd2 ba1.4k sqft213 Mockingbird Dr, Columbia, TN 38401For SaleMLS ID #3229339, Grayson Smith. RealTracs MLS as distributed by MLS GRID
- $350,0003 bd2 ba1.5k sqft2109 Williamsport Pike, Columbia, TN 38401For SaleMLS ID #3304252, Jamison Blackwell. RealTracs MLS as distributed by MLS GRID
- $399,9004 bd2 ba2.1k sqft107 4th Ave, Columbia, TN 38401For SaleMLS ID #3267412, Millie Stubblefield. RealTracs MLS as distributed by MLS GRID
- $255,0003 bd2 ba1.8k sqft305 Eugene Rd, Columbia, TN 38401For SaleMLS ID #3265730, Kristin Sanchez. RealTracs MLS as distributed by MLS GRID
- $369,0003 bd3 ba2.1k sqft904 Cheairs Cir, Columbia, TN 38401For SaleMLS ID #3171141, Cindy Sweeney. RealTracs MLS as distributed by MLS GRID
- $229,9003 bd2 ba1k sqft2005 Crestview Dr, Columbia, TN 38401For SaleMLS ID #3304768, Lacey Samuel. RealTracs MLS as distributed by MLS GRID
- $317,9003 bd2 ba1.3k sqft105 Daleview Cir, Columbia, TN 38401For SaleMLS ID #3214515, Kerry Wayne Boshers. RealTracs MLS as distributed by MLS GRID
- $439,9003 bd3 ba1.7k sqft1504 Bradshaw Dr, Columbia, TN 38401For SaleMLS ID #3272065, Molly Elliott. RealTracs MLS as distributed by MLS GRID
