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  • $510,000

    209 E Webster St, Madison, TN 37115

    4beds
    4baths
    2,046sqft
    Multi Family
    Built in 1982
    -- sqft lot
    $-- Zestimate®
    $249/sqft
    $2,862 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,862/mo

    Zestimate® history
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    What's special

    SVN Accel Commercial Real Estate is pleased to present a rare Investment opportunity to own Three 4 units in Nashville. 4 Unit building is part of a 12 unit portfolio. Prefer to sell 5144 & 5152 Linbar Dr (MLS #2640792) & (MLS #2640794) together as 8 units. 209 E Webster is included in the portfolio and can be sold separately. Commercially Zoned OR20. Building has been professionally maintained and managed by a local property manager. Units are all 1 bed 1 bath, separate utilities, tenants pay all utilities. 10yr old metal roof, newer LVP flooring, new paint, water heaters, designated parking spaces in the back. Window AC units for cooling, baseboard heating. Market rent is $975 / unit, currently below market. Light value add opportunity to increase rents & maximize income. All tenants are on annual leases. Located in the growing Madison neighborhood. Property occupancy rate has been near 100% since acquisition. See attached brochure for more info on the portfolio opportunity.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Jake Clark 615-568-0167,

    SVN Accel Commercial Real Estate

    Bought with:

    Vandale Gentry, 352472

    eXp Realty

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2640789MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Individual, Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Laminate
    • Has fireplace: No
    Interior area
    • Total structure area: 2,046
    • Total interior livable area: 2,046 sqft
    • Finished area above ground: 2,046

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 2
    Lot
    • Size: 7,998 sqft
    • Dimensions: 62 x 129
    Details
    • Parcel number: 14802010800
    • Zoning: OR20
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick, Vinyl Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Madison
    • Subdivision: Montague

    HOA & financial

    Other financial information
    • Total actual rent: 2575

    Price history

    DateEventPrice
    8/27/2025Listing removed$1,100$1/sqft
    Source: Zillow Rentals Report a problem
    8/12/2025Listed for rent$1,100$1/sqft
    Source: Zillow Rentals Report a problem
    2/4/2025Sold$510,000-8.1%$249/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2640789 Report a problem
    12/11/2024Contingent$554,999$271/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2640789 Report a problem
    11/8/2024Price change$554,999-3.5%$271/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2640789 Report a problem
    8/30/2024Price change$574,999-3.4%$281/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2640789 Report a problem
    7/19/2024Price change$594,999-0.8%$291/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2640789 Report a problem
    5/6/2024Listed for sale$599,999$293/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2640789 Report a problem
    4/29/2024Contingent$599,999$293/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2640789 Report a problem
    4/11/2024Listed for sale$599,999+313.8%$293/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2640789 Report a problem
    2/22/2011Sold$145,000-3.3%$71/sqft
    Source: Public Record Report a problem
    11/16/2010Price change$150,000-9.1%$73/sqft
    Source: The Realty Association #1200799 Report a problem
    7/20/2010Listed for sale$165,000+65%$81/sqft
    Source: The Realty Association #1200799 Report a problem
    7/17/2001Sold$100,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,430 +114.7%$192,960 +148.3%
    2024$2,529 $77,720
    2023$2,529 $77,720
    2022$2,529 -1%$77,720
    2021$2,555 +5%$77,720 +34.7%
    2020$2,435 +33.8%$57,680
    2019$1,820 $57,680
    2018$1,820 0%$57,680
    2017$1,820 $57,680 +40.1%
    2016$1,820 +12.7%$41,160
    2015$1,615 $41,160
    2014$1,615 $41,160
    2013-- $41,160 -25.9%
    2012-- $55,520
    2011-- $55,520
    2010-- $55,520
    2009-- $55,520 +11%
    2008-- $50,040
    2007-- $50,040
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    2000-- --

    Find assessor info on the county website

    Neighborhood: Heron Walk

    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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