305 S 14th St, Nashville, TN 37206
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Listed by Kortney Wilson • eXp Realty
$ 1,000,000
Est. payment | /mo

3,281 SqFt


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$ 1,000,000
Est. payment | /mo
Save

3,281 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,281 sqft

Price per Sqft $304

Subdivision Lindsley

MLS Listing ID 3546795

HOA Y/N No

Year Built 1930

Annual Tax Amount $9,093

Lot Dimensions 45 X 150

Property Description

A rare income-producing opportunity in the heart of Lockeland Springs, one of East Nashville's most desirable and walkable neighborhoods. Zoned as a duplex, this property offers even more flexibility thanks to a detached DADU built within the last few years and a layout that creates the potential for FOUR separate rental opportunities- some fully furnished.

The main house consists of two sides, with one side offering a layout that works exceptionally well for a roommate-style lease—effectively creating three distinct rental spaces within the main home. Add the 806 sq. ft. detached DADU with 1 bedroom, 1.5 baths and modern finishes, and you have an incredibly versatile property with multiple ways to generate income. Live in one and rent the others, or utilize the entire property as an investment.

Currently fully occupied by wonderful tenants, the property has a strong rental history and the existing rents offer room for future upside. The units have proven easy to rent—a major advantage in a location where demand remains strong.

Situated on an extra-deep lot with an impressive amount of parking for the neighborhood, including a driveway, multiple parking spaces off the rear alley, plus street parking. The exterior has also received recent updates, including refreshed porches and decks and new paint. Two sets of laundry machines are included, and furnishings can convey for buyers looking for a more turnkey opportunity.

And then there's the location: walkable to Five Points and minutes from some of East Nashville's best restaurants, coffee shops, shopping and neighborhood favorites.

With its duplex zoning, newer DADU, flexible layouts, extra-deep lot and potential for four separate rental streams, this is a unique opportunity to own a property designed to work in more ways than one.

To respect and minimize disruption to our amazing tenants, only serious showings will be accommodated. Please contact the listing agent for additional information and showing details.

Location

State TN

County Davidson County

Zoning R1 Duplex

Interior

Heating Central, Natural Gas, Other

Cooling Central Air, Other

Flooring Concrete, Wood, Tile

Fireplace N

Exterior

Utilities Available Natural Gas Available, Water Available

View Y/N true

View City

Roof Type Shingle

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding

New Construction false

Schools

Elementary Schools Warner Elementary Enhanced Option

Middle Schools Stratford Stem Magnet School Lower Campus

High Schools Stratford Stem Magnet School Upper Campus

Others

Senior Community false

Special Listing Condition Standard

RealTracs IDX

Nearby Locations

Nate Pope

+1(615) 401-3279

nathaniel.pope@exprealty.com

3401 Mallory Lane Suite 100, Franklin, TN 37067, USA

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