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  • $4,800,000

    224 Tyler Cornerstone Trl, Smyrna, TN 37167

    8beds
    10baths
    23,924sqft
    : 
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    Multi Family
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $201/sqft
    $200/mo HOA

    What's special

    Dog parkLvt and carpet flooringQuartz countertops
    Here is the chance to invest in 2 buildings with 12 total rented units. All 12 units are less than a year old! Each building has 3 different plans with 6 total lots! Plan 2680A has 2680SF-3 beds/3.5 bath/2 car garage with flex/bonus OR 4 Bedrooms! Plan 1619B has 1619SF with 2 beds/2.5 bath/1 car garage. Plan 1732C has 1732 SF with 2 beds/2.5 bath/1 car garage. Finishes consist of island, pantry, SS appliances, Walk in closets, LVT and carpet flooring, and quartz countertops. Cedar Grove Village is super convenient to tons of shopping, hospital, walking distance to schools and I-24 access!! CGV will also have a dog park, sidewalks, and pavilion. Plan 2680A rents for $2600 a month. Plan 1732C & 1615B rents for $2200 a month. $200 HOA- monthly, $500 Working capital, $100 Capital Reserve. All units are under rental agreements. Great way to step right into business.
    180 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lynne Woodard Caffey 615-556-1916,

    Red Realty, LLC 615-896-2733

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3111772MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 10
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Laundry: Individual, Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Carpet, Laminate, Tile
      Interior area
      • Total structure area: 23,924
      • Total interior livable area: 23,924 sqft
      • Finished area above ground: 23,924

      Property

      Parking
      • Total spaces: 32
      • Parking features: Garage Faces Front, Concrete, Driveway, Parking Lot, Paved
      • Attached garage spaces: 16
      • Uncovered spaces: 16
      Features
      • Levels: Two
      • Stories: 2
      Details
      • Parcel number: 02805717C007
      • Zoning: Residental
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Hardboard Siding, Brick
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2025

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Cedar Grove Village
      HOA
      • Has HOA: Yes
      • Amenities included: Dog Park, Sidewalks
      • Services included: Maintenance Grounds, Insurance
      • HOA fee: $200 monthly
      • Second HOA fee: $500 one time
      Location
      • Region: Smyrna

      Financial & listing details

      • Price per square foot: $201/sqft
      • Tax assessed value: $12,500
      • Annual tax amount: $30,612
      • Date on market: 1/21/2026
      • Inclusions: Appliances
      • Total actual rent: 7000
      • Tenant pays: Electricity, Gas, Water
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/21/2026Listed for sale$4,800,000$201/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3111772 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,595 $3,125
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 37167

        Getting around

        47 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cedar Grove Elementary
        • Middle: Smyrna Middle School
        • High: Lavergne 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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