Regina Hunsicker
BEDS0
BATHS
SQUARE FEET1,612
MLS#3232179
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRainbow Terrace
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 50 X 200
Stories: 2.0
Taxes: $3,497
Year Built: 1982
Feature Descriptions
Exterior: Brick, Vinyl Siding
Flooring: Carpet, Laminate
Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 50 X 200
Parcel#: 05202019200
Sewer: Public Sewer
Units: 2
Utilities: Water Available
Water: Public
Local Schools
High School: Hunters Lane Comp High School
Middle School: Madison Middle
Elementary School: Stratton Elementary
Listed By / Shown By
Listed By
Agency Name: Synergy Realty Network, LLC
Agency Phone: 6153712424
Shown By
Agent Name: Regina Hunsicker
Agent Phone: (615) 406-6038
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
Estimate Your Payment
Estimated Payment
$ 291.42 per month $0.00 Principal & Interest $291.42 Property Tax $0.00 Homeowner's InsuranceChange Payment Information
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705 Neelys Bend Rd | MLS# 3232179
This multi-family property located at 705 Neelys Bend Rd , Madison, TN 37115 is currently listed for sale with an asking price of call for price. Search Madison real estate on reginahunsicker.crye-leike.com today.