Great duplex in Madison with an excellent cap rate for today's market. Brought in $3200 per month combined rent when both units were last occupied. Unit A: Ready to move in but could use some attention and freshening up/ updates. Hardwood floors through the front half of the home. Fresh paint. HVAC unit replaced in 2023 and under warranty. Unit B: Currently occupied with a long term good paying tenant. This unit was updated with a recent renovation and is in great shape. LVP floors. Both sides feature decks facing the backyard. Very large lot with great future development potential. 2 level storage shed included with sale. Could be an income producing investment or live in one side and rent the other.
Closed
$395,000
316 Archwood Dr, Madison, TN 37115
6beds
2,450sqft
Single Family Residence, Residential
Built in 1954
0.97 Acres Lot
$503,600 Zestimate®
$161/sqft
$2,133 Estimated rent
Home value
$503,600
$438,000 - $569,000
$2,133/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jeff Kingsbury 615-953-8700,
Real Property Management Key Response
Bought with:
Aly Clifton, 352989
VOLUME Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2789486
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 6
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air, Electric
Appliances
- Included: Electric Oven, Dishwasher, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Wood, Laminate, Tile, Vinyl
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,450
- Total interior livable area: 2,450 sqft
- Finished area above ground: 2,450
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Covered, Deck
- Fencing: Chain Link
Lot
- Size: 0.97 Acres
- Dimensions: 91 x 365
- Features: Rolling Slope
Details
- Parcel number: 04307008300
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Archwood Acres
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $553,900
- Annual tax amount: $5,767
- Date on market: 2/12/2025
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listing removed | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/1/2026 | Listed for rent | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/19/2026 | Listing removed | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/16/2026 | Price change | $1,995+5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/13/2026 | Price change | $1,895-5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/27/2025 | Listed for rent | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/25/2025 | Sold | $395,000+4%$161/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2789486 Report a problem | ||
| 4/7/2025 | Contingent | $379,900$155/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2789486 Report a problem | ||
| 4/5/2025 | Listed for sale | $379,900$155/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2789486 Report a problem | ||
| 2/18/2025 | Contingent | $379,900$155/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2789486 Report a problem | ||
| 2/12/2025 | Listed for sale | $379,900+15.1%$155/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2789486 Report a problem | ||
| 6/13/2018 | Sold | $330,000-5.4%$135/sqft |
Source: RealTracs MLS as distributed by MLS GRID #1907424 Report a problem | ||
| 4/11/2018 | Price change | $349,000-1.7%$142/sqft |
Source: The Wilson Group Real Estate Services #1907424 Report a problem | ||
| 3/14/2018 | Price change | $355,000-5.3%$145/sqft |
Source: The Wilson Group Real Estate Services #1907424 Report a problem | ||
| 3/5/2018 | Listed for sale | $375,000+123.3%$153/sqft |
Source: The Wilson Group Real Estate Services #1907424 Report a problem | ||
| 9/2/2015 | Sold | $167,900-1.2%$69/sqft |
Source: Public Record Report a problem | ||
| 9/2/2015 | Listed for sale | $169,900$69/sqft |
Source: Reliant Realty ERA Powered #1648671 Report a problem | ||
| 9/2/2015 | Pending sale | $169,900$69/sqft |
Source: Reliant Realty ERA Powered #1648671 Report a problem | ||
| 7/3/2015 | Listed for sale | $169,900+144.8%$69/sqft |
Source: TheDailyClassifieds.Com #1648671 Report a problem | ||
| 6/4/1997 | Sold | $69,400$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,235 +8.1% | $221,560 +25% |
| 2024 | $5,767 | $177,240 |
| 2023 | $5,767 | $177,240 |
| 2022 | $5,767 -1% | $177,240 |
| 2021 | $5,828 +34.9% | $177,240 +73.2% |
| 2020 | $4,319 +33.8% | $102,320 |
| 2019 | $3,228 +115.6% | $102,320 +115.6% |
| 2018 | $1,497 0% | $47,450 |
| 2017 | $1,497 | $47,450 +74.8% |
| 2016 | $1,497 +40.5% | $27,150 |
| 2015 | $1,065 | $27,150 |
| 2014 | $1,065 | $27,150 |
| 2013 | -- | $27,150 -7.7% |
| 2012 | -- | $29,400 +29.7% |
| 2008 | -- | $22,675 |
| 2007 | -- | $22,675 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: Archwood Acres
Nearby homes
- $233,9003 bd2 ba1k sqft316 Archwood Dr #B, Madison, TN 37115Off Market
- $--3 bd2 ba1k sqft316 Archwood Dr #A, Madison, TN 37115Off Market
- $277,3003 bd1 ba1.3k sqft312 Archwood Dr, Madison, TN 37115Off Market
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- $320,9002 bd2 ba1.1k sqft328 Archwood Dr, Madison, TN 37115Off Market
- $302,0002 bd2 ba912 sqft313 Archwood Dr, Madison, TN 37115Sold
Nearby schools
GreatSchools rating
- 4/10Amqui Elementary SchoolGrades: PK-7Distance: 1.1 mi
- 4/10Hunters Lane Comp High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Amqui 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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Estimated market value
$503,600
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Estimated market value
$503,600
- Tennessee
- Davidson County
- Nashville
- 37115
- Archwood Acres
- 316 Archwood Dr
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