Do Real Estate on the Go!
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Do Real Estate on the Go!
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$390,000
4 Beds
2 Baths
1,612sqft
200A E Palestine Ave, Madison, TN 37115
$390,000
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Multi Family
Built in 1983
$-- HOA
-- sqft lot
$242/sq.ft
Description
One of 5 duplex units creating 10 full units completely rented and always rented. This is investors dream with instant revenue stream. Currently posting a NOI over $133k per year and that will only increase. Some rents under market and 2 units increasing rent by $248 per month. All of this with super low expenses as all units on separate utility meters. All units are 2-bedroom 1 bath units and recently remodeled as well. Each unit features a wood burning fireplace and believe it or not, washer and dryer inside the unit as well. Great setup to properties as occupants have either a downstairs patio or second floor deck. Owner recently replaced roofs plus finished othe...
Continue Reading- Houzeo last checked: 4 Minutes ago
- Listing updated: April 13, 2026 at 10:19 pm
- Listing Provided by: Edward Klem (615) 947-1188 DRE #376759 | Coldwell Banker Southern Realty (615) 465-3700
- Source: Nashville (RealTracs Mid) MLS-TN | MLS#: 3173146
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1983
HOA Fees
-
Finished Area
1,612 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Nashville (RealTracs Mid) MLS
MLS Number
3173146
MLS Status
Active
Days on Market
63
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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