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Key Facts

3Beds

2Baths

1,784Sq Ft

1950Year Built

0.29Lot (acres)

1Garage

2Stories

$349,999

$390,000 · Price reduced

Active60 days on marketListed April 1, 2026

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Description

Investor opportunity in a high-growth Nashville corridor. This 4-bedroom, 2-bath home sits on a 0.3-acre lot in a prime location just minutes from Downtown Nashville and East Nashville. The property includes a separate in-law apartment with walk-out basement, creating strong potential for dual income streams or future short-term/long-term rental strategies. Previously operated as a successful Airbnb and long-term rental, the property is currently leased and occupied, offering immediate rental income for investors. Located within the Old Hickory Blvd development corridor, the lot presents additional long-term value and redevelopment potential. Based on prior discussions with a local developer, the site may support a multi-unit build (approximately 15 units), making this an attractive hold, income-producing asset, or future redevelopment play. PLEASE DO NOT BOTHER TENNANTS. SHOWINGS WITH ACCEPTED OFFERS ONLY Conveniently located within walking distance to grocery stores and public transportation, and just 15 minutes from the airport, lake, and major parks. A rare opportunity to acquire an income-producing property with strong location fundamentals and future upside. Sold as is. Agent-Owner.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1950

Stories

Living Area

1,784 sq ft

Lot Size

0.29 acres

Lot Dimensions

40 X 189

Garage Spaces

Parking Spaces

Days on Market

MLS® Listing#

3167313

Property Features

Appliances

Built-In Electric OvenDishwasherMicrowaveRefrigerator

Cooling

Central Air

Heating

Central

Flooring

WoodLaminateTile

Basement

Exterior EntryPartially Finished

Parking

Attached

Construction

BrickStone

Utilities

Water Available

Sewer

Public Sewer

Water Source

Public

Schools

Elementary:: Stratton Elementary
Middle:: Madison Middle
High:: Hunters Lane Comp High School

Financial Details

HOA

None

Annual Taxes

$2,701

Parcel Number

04216002500

Directions

Use GPS, the house is located on the corner of Old Hickory Blvd and Gibson Dr

Affordability Calculator

Home Price

Down Payment

$70,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$1,863/mo

Principal $279,999 · Est. interest $390,624 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Madison, TN

$332,653
Median Listing Price: 41
Median Days on Market: 1,430
Median Sq Ft: $230
Median Price / Sq Ft: 181
Active Listings

This home’s price is 5% above the area median.
Its price per sq ft is 15% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Madison, TN.

Location

Getting Around

Walk

Transit

Bike

Somewhat Walkable

Walk Score details ↗

Points of Interest in Madison, TN

Nearby Schools

Madison Middle School
Secondary · 0.1 mi away
Stratton Elementary School
Elementary · 0.1 mi away
The Edison School
Elementary · 0.5 mi away
Ascension Lutheran Church
Secondary · 0.5 mi away
Tennessee CDL School
Secondary · 0.7 mi away
AMQUI K-8
Elementary · 1.1 mi away
St Joseph Parish Center
School · 1.3 mi away
St Joseph School
School · 1.3 mi away
Chadwell Elementary School
Elementary · 1.4 mi away
Metro Christian Academy
School · 1.4 mi away
Smithson Craighead Academy
Elementary · 1.4 mi away
Ithaca Montessori
Elementary · 1.8 mi away
Family Christian Academy
School · 1.8 mi away
Gateway Elementary School
Elementary · 2.0 mi away
Old Center Elementary School
Elementary · 2.2 mi away
Angels Christian Academy
School · 2.2 mi away
Hunters LaneHigh School
Secondary · 2.2 mi away
Madison Academy Elementary and Middle School
Elementary · 2.4 mi away
Isaac Litton Middle School
Secondary · 2.5 mi away
Gra-Mar Middle School
School · 2.6 mi away

Commute Calculator

Nearby Homes

$349,999

3 bed · 2 bath

313 W Old Hickory Blvd, Madison, TN

0.0 mi away

$369,000

3 bed · 1 bath

109 Gibson Dr, Madison, TN

0.1 mi away

$471,715

5 bed · 3 bath

505 Charlie Place, White House, TN

0.2 mi away

$470,478

5 bed · 3 bath

509 Charlie Place, White House, TN

0.2 mi away

$1,400,000

210 Woodruff St, Madison, TN

0.3 mi away

$394,990

3 bed · 4 bath

515 Kalman Ln, Madison, TN

0.3 mi away

Similar Homes Nearby

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
1532 Lewis Rd, Madison, TN	$245,000	2	2	1,132
123 Larchmont Dr, Madison, TN	$249,900	2	1	759
803 Lewis Ct, Madison, TN	$249,900	2	2	1,120
120 Myatt Dr, Madison, TN	$250,000	3	1	1,070
118 Myatt Dr, Madison, TN	$250,000	2	2	1,000
124 Myatt Dr, Madison, TN	$250,000	3	1	1,060

Moving Cost Estimate

EXIT Agents in Madison

Larnitwa Scott
Associate Broker
EXIT Master RealtyGoodlettsville, TN
(615) 886-8348
larnitwascott@gmail.com
Christie Hoosier
Associate Broker
EXIT Master RealtyGoodlettsville, TN
(859) 492-2898
hoosierrealtor1@gmail.com
Melba Jackson
Associate Broker
EXIT Master RealtyGoodlettsville, TN
(832) 298-5053
melbatherealtor@icloud.com
Gayle Brown
Franchisee
EXIT Master RealtyGoodlettsville, TN
(615) 300-4885
gseard@yahoo.com
Nakeisha Tate
Associate Broker
EXIT Master RealtyGoodlettsville, TN
(615) 554-7027
nakeisha1978@gmail.com
Jodi Malitsky
Sales Representative
EXIT Real Estate ExpertsOld Hickory, TN
(818) 599-2479
jodimalitsky@gmail.com

Listing Courtesy: Benchmark Realty, LLC - 6154160338

Based on information submitted to the MLS GRID as of 2026-04-01 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-04-01

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