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  • $285,000

    530-A Spencer Ave, Gallatin, TN 37066

    6beds
    --baths
    1,725sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $285,000 Zestimate®
    $165/sqft
    $1,718 Estimated rent

    Home value

    $285,000

    $268,000 - $305,000

    $1,718/mo

    Zestimate® history
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    What's special

    Separate dining areaBonus room
    Multiple offers received. Please submit your highest and best offers with a minimum deadline of Sunday, 8/31, at 5:00 PM. Immediate Investment Opportunity! Multi-unit property in Gallatin! 530 Spencer Ave presents a rare opportunity to own three income-producing units across two homes, with long-term tenants already in place for more than three years each. The main house, originally built in 1920, is divided into two units. The lower unit, 530A, offers approximately 1,150 square feet with two bedrooms, one bathroom, a large living room, and a separate dining area. The upper unit, 530B includes one bedroom, one bathroom, and a bonus room. In addition to the main house, the property also features a detached single-family home at 213 Factory Street, estimated at around 800 square feet, which includes two bedrooms and one bathroom. Recent upgrades add to the appeal of this investment, with new roofs installed on all buildings in May 2021. The property benefits from a stable rental history, solid tenant base, and valuable multi-unit flexibility, offering both consistent cash flow and strong long-term appreciation potential. For investors seeking a property with proven performance, this is a unique opportunity to expand or start a rental portfolio in a desirable location. Up to 1% lender credit if buyer uses Seller's Preferred Lender.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary Ashton 615-301-1650,

    The Ashton Real Estate Group of RE/MAX Advantage,

    G (Guhdar) Nebi 615-364-2536,

    The Ashton Real Estate Group of RE/MAX Advantage

    Bought with:

    Nicky Wright, 368365

    EXIT Realty Refined

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2981291MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric
    Features
    • Flooring: Carpet, Vinyl
    Interior area
    • Total structure area: 1,725
    • Total interior livable area: 1,725 sqft
    • Finished area above ground: 1,725

    Property

    Features
    • Levels: One
    • Stories: 2
    Lot
    • Size: 0.26 Acres
    • Dimensions: 75 x 150
    Details
    • Parcel number: 126F M 00800 000
    • Zoning: COM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

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

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Gallatin

    Financial & listing details

    • Price per square foot: $165/sqft
    • Annual tax amount: $2,020
    • Date on market: 8/26/2025
    • Inclusions: Appliances
    • Total actual rent: 0
    • Tenant pays: Electricity, Gas, Water
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/10/2025Sold$285,000-5%$165/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2981291 Report a problem
    9/1/2025Contingent$300,000$174/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2981291 Report a problem
    8/26/2025Listed for sale$300,000$174/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2981291 Report a problem
    10/2/2018Listing removed$695
    Source: Omni Realtors and Property Management Report a problem
    8/19/2018Price change$695-12.6%
    Source: Omni Realtors and Property Management Report a problem
    7/16/2018Price change$795-6.5%
    Source: Omni Realtors and Property Management Report a problem
    6/27/2018Listed for rent$850+54.5%
    Source: Omni Realtors and Property Management Report a problem
    8/7/2013Listing removed$550
    Source: Omni Realtors and Property Management Report a problem
    7/17/2013Price change$550+4.8%
    Source: Omni Realtors and Property Management Report a problem
    7/11/2013Listed for rent$525
    Source: Omni Realtors and Property Management Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37066

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Guild Elementary
    • Middle: Rucker Stewart Middle
    • High: Gallatin Senior 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
    $285,000
    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
    $285,000