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Listed by Laura Braswell Gaines • Benchmark Realty, LLC
$ 450,000
Est. payment | /mo
1,500 SqFt
$ 450,000
Est. payment | /mo
1,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $300
Subdivision Sunset View
MLS Listing ID 3232287
HOA Y/N No
Year Built 1966
Annual Tax Amount $4,650
Lot Dimensions 110 X 278
Property Description
Turnkey income-producing duplex in one of Nashville's fastest-growing rental markets! This fully leased Donelson investment property is generating $3,100 per month in gross rental income ($1,550 per side), producing $37,200 annually in gross rents. Offered at $450,000, this asset delivers an attractive gross cap rate of approximately 8.27% and a Gross Rent Multiplier (GRM) of just 12.1.
Both units are occupied by established tenants, providing immediate cash flow from day one. Current lease terms extend through 10/31/2026 and 4/30/2027, offering investors stable income and reduced turnover risk.
Located in the highly desirable Donelson area, this property benefits from continued growth, redevelopment, and increasing demand from both residents and investors. The neighborhood has experienced significant revitalization with new restaurants, breweries, coffee shops, retail, and mixed-use development continuing to transform the area. Residents enjoy convenient access to Nashville International Airport, major employers, and Downtown Nashville, making Donelson one of the city's most sought-after rental submarkets. The property's proximity to downtown provides strong tenant demand and long-term appreciation potential.
Please do not disturb current tenants. Showings will only be scheduled upon receipt of an acceptable offer. Buyer to verify all pertinent information. This is an excellent opportunity for investors seeking immediate cash flow, long-term appreciation, and a stabilized asset in a thriving Nashville market.
Both units are occupied by established tenants, providing immediate cash flow from day one. Current lease terms extend through 10/31/2026 and 4/30/2027, offering investors stable income and reduced turnover risk.
Located in the highly desirable Donelson area, this property benefits from continued growth, redevelopment, and increasing demand from both residents and investors. The neighborhood has experienced significant revitalization with new restaurants, breweries, coffee shops, retail, and mixed-use development continuing to transform the area. Residents enjoy convenient access to Nashville International Airport, major employers, and Downtown Nashville, making Donelson one of the city's most sought-after rental submarkets. The property's proximity to downtown provides strong tenant demand and long-term appreciation potential.
Please do not disturb current tenants. Showings will only be scheduled upon receipt of an acceptable offer. Buyer to verify all pertinent information. This is an excellent opportunity for investors seeking immediate cash flow, long-term appreciation, and a stabilized asset in a thriving Nashville market.
Location
State TN
County Davidson County
Zoning Duplex
Interior
Heating Central
Cooling Central Air
Flooring Wood, Tile
Fireplace N
Exterior
Garage Spaces 2.0
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Pennington Elementary
Middle Schools Two Rivers Middle
High Schools Mcgavock Comp High School
Others
Senior Community false
Special Listing Condition Standard
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