705 Neelys Bend Rd, Madison, TN 37115
705 Neelys Bend Rd, Madison, TN 37115
705 Neelys Bend Rd, Madison, TN 37115
705 Neelys Bend Rd, Madison, TN 37115
705 Neelys Bend Rd, Madison, TN 37115
705 Neelys Bend Rd, Madison, TN 37115
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Karen Griffin

Karen Griffin

+1(931) 236-2700
Listed by Tyler C. King • Synergy Realty Network, LLC
$ 374,900
Est. payment | /mo

1,612 SqFt

Save
$ 374,900
Est. payment | /mo
Save

1,612 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,612 sqft

Price per Sqft $232

Subdivision Rainbow Terrace

MLS Listing ID 3232179

HOA Y/N No

Year Built 1982

Annual Tax Amount $3,497

Lot Dimensions 50 X 200

Property Description

Great opportunity to own an income-producing duplex in the growing Madison submarket of Nashville! Located at 705-707 Neelys Bend Rd, this property offers immediate upside with one unit currently rented thru 5/21/27 paying $1,125/mo. while the other side is occupied on a month-to-month lease at $995/month (under market), creating flexibility for investors or owner-occupants. The property provides strong potential for increased cash flow through rental adjustments, updates, or long-term hold appreciation as Madison continues to see steady redevelopment and investment activity. Conveniently positioned near Ellington Parkway, Rivergate, and downtown Nashville, the location offers easy access to shopping, restaurants, parks, and major commuter routes. Duplex properties with built-in income and value-add potential remain in high demand throughout the Nashville market. Whether you're looking to expand your rental portfolio, house hack with one side vacant, or secure a stable investment in a growing area, this property presents multiple opportunities. Strong rental demand and continued neighborhood growth make this an attractive addition for both seasoned and first-time investors alike. Property being sold as-is.

Location

State TN

County Davidson County

Zoning Rs10

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding

New Construction false

Schools

Elementary Schools Stratton Elementary

Middle Schools Madison Middle

High Schools Hunters Lane Comp High School

Others

Senior Community false

Special Listing Condition Standard

RealTracs IDX
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Karen Griffin

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+1(931) 236-2700

closeitwithkaren@gmail.com

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705 Neelys Bend Rd