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! Package includes 200A-B, 202A-B, 204 A-B, 208 A-B units.
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
102 days
|
86
|
4
|
Zillow last checked:
Listing updated:
Listed by:
Edward Klem615-947-1188,
Coldwell Banker Southern Realty615-465-3700
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3173337
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Heating
Baseboard
Cooling
Wall/Window Unit(s)
Appliances
Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Features
Flooring: Laminate
Interior area
Total structure area: 1,612
Total interior livable area: 1,612 sqft
Finished area above ground: 1,612
Property
Parking
Parking features: Asphalt, Driveway
Has uncovered spaces: Yes
Features
Levels: Two
Stories: 2
Has view: Yes
View description: City
Lot
Size: 8,450 Square Feet
Dimensions: 50 x 169
Details
Parcel number: 05108020400
Zoning: Multi
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Brick, Frame
Roof: Shingle
Condition
New construction: No
Year built: 1983
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Water Available
Community & HOA
Community
Subdivision: Bailey
HOA
Has HOA: No
Location
Region: Madison
Financial & listing details
Price per square foot: $242/sqft
Annual tax amount: $3,522
Date on market: 4/12/2026
Inclusions: Appliances, Negotiable
Total actual rent: 2600
Tenant pays: Electricity, Water
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/6/2026
Contingent
$390,000$242/sqft
Source: RealTracs MLS as distributed by MLS GRID #3173337Report a problem
4/12/2026
Listed for sale
$390,000$242/sqft
Source: RealTracs MLS as distributed by MLS GRID #3173337Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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.