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  • $365,000

    222 Stratton Blvd, Ashland City, TN 37015

    8beds
    --baths
    3,050sqft
    Multi Family
    Built in 1988
    -- sqft lot
    $369,600 Zestimate®
    $120/sqft
    $1,425 Estimated rent

    Home value

    $369,600

    $318,000 - $429,000

    $1,425/mo

    Zestimate® history
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    What's special

    Investment Opportunity: Fully-Occupied 4-Unit Asset in Ashland City Address: 222 Stratton Blvd, Ashland City, TN 37015 Monthly Gross Income: $3,200 Occupancy: 100% (all four units leased) Property Type: Four-plex / 4-unit multifamily Property Overview Introducing a turn-key multifamily investment in the heart of Ashland City—this well­loved, 4-unit property delivers immediate cash-flow from day one. All four units are occupied with long-term tenants, providing a solid income base and low vacancy risk. The property is located at 222 Stratton Blvd, offering convenient access to local amenities, schools, and commuting routes. Key Investment Highlights Stable Income Stream: Gross monthly rent of $3,200, fully leased. Fully Occupied: No current vacancies—ideal for a buyer looking for reliable cash-flow. Desirable Location: Situated in the Ashland City market, offering strong rental demand and community stability. Efficient Ownership Model: One building with four units simplifies management and maintenance compared to separate properties. Value-Add Potential: While currently fully occupied, future rent-growth opportunities exist as leases renew—an investor can improve cash-flow further through modest upgrades or optimized rents. Attractive to Buyers & Lenders: With four units, this asset still qualifies for many multifamily financing models while offering better income diversification than a single-family rental.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Jones 615-879-5364,

    Dyad Real Estate and Property Management

    Bought with:

    Alma Mendez, 356808

    THE REAL ESTATE COLLECTIVE

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3035658MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Carpet, Laminate
    Interior area
    • Total structure area: 3,050
    • Total interior livable area: 3,050 sqft
    • Finished area above ground: 1,525
    • Finished area below ground: 1,525

    Property

    Features
    • Levels: Two
    • Stories: 1
    Lot
    • Size: 0.43 Acres
    • Dimensions: 125 x 150
    Details
    • Parcel number: 055D A 01400 000
    • Zoning: COM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Ashland City

    Financial & listing details

    • Price per square foot: $120/sqft
    • Tax assessed value: $230,500
    • Annual tax amount: $1,804
    • Date on market: 10/30/2025
    • Inclusions: Negotiable
    • Total actual rent: 3200
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    12/26/2025Sold$365,000-2.6%$120/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3035658 Report a problem
    11/20/2025Contingent$374,900$123/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3035658 Report a problem
    11/10/2025Listed for sale$374,900$123/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3035658 Report a problem
    11/6/2025Contingent$374,900$123/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3035658 Report a problem
    10/30/2025Listed for sale$374,900+66.6%$123/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3035658 Report a problem
    6/4/2020Sold$225,000+36.4%$74/sqft
    Source: Public Record Report a problem
    12/22/2015Sold$165,000$54/sqft
    Source: RealTracs MLS as distributed by MLS GRID #1674367 Report a problem
    10/9/2015Listed for sale$165,000+32%$54/sqft
    Source: NO COMPANY PROVIDED #1674367 Report a problem
    3/29/2005Sold$125,000+47.1%$41/sqft
    Source: Public Record Report a problem
    5/13/2002Sold$85,000$28/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,045 +13.4%$92,200
    2024$1,804 -0.8%$92,200 +61.2%
    2023$1,818 +4%$57,200
    2022$1,748 +1.7%$57,200
    2021$1,720 +0.9%$57,200
    2020$1,705 $57,200
    2019$1,705 -0.2%$57,200 +17.8%
    2018$1,708 -0.1%$48,560
    2017$1,709 +15.4%$48,560
    2016$1,481 -6%$48,560
    2015$1,575 +16.7%$48,560
    2014$1,350 $48,560
    2013-- $48,560 +3.6%
    2012$1,520 0%$46,880
    2011$1,521 $46,880
    2010$1,521 $46,880
    2009$1,521 $46,880
    2008$1,521 $46,880
    2007$1,521 -11.9%$46,880
    2006$1,725 +12.7%$46,880 +12.7%
    2005$1,531 $41,600
    2004$1,531 +1.1%$41,600
    2003$1,514 $41,600 +0%
    2001-- $41,589 -60%
    2000-- $103,972
    Find assessor info on the county website

    Neighborhood: 37015

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $369,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $369,600