131 E Park Ave, Gallatin, TN 37066
Local realty services provided by:CENTURY 21 Premier
131 E Park Ave,Gallatin, TN 37066
$400,000
- - Beds
- - Baths
- 1,550 sq. ft.
- Multi-family
- Active
Listed by: kim robertson, phd, carrie gatlin
Office: epique realty
MLS#:3163851
Source:NASHVILLE
Price summary
- Price:$400,000
- Price per sq. ft.:$258.06
About this home
Income-producing duplex in Gallatin with leases in place through Summer 2026. This renovated 1940s property offers two 1 bed / 1 bath units (approx. 775 sq ft each), providing immediate rental income and long-term upside. Short-term, mid-term, and long-term rental are all great options here.
Each unit features updated kitchens and baths, original hardwood floors, and stainless steel appliances. Washer and dryer included in Unit A. Ample private parking and a partially fenced backyard add to overall tenant appeal.
The property’s character, natural light, and proximity to everyday conveniences contribute to strong rental demand. Located just minutes from Publix, local coffee shops, restaurants, and Gallatin’s historic downtown square, this location supports consistent tenant interest and retention.
Extensive 2021 renovations include new windows and blinds, updated electrical and plumbing systems, new central HVAC, and a firewall added in the attic between units. Roof replacement estimated circa 2015.
Recent 2025 improvements include new flashing where porch roof meets house (front and back). Unit B updates include a renovated bathroom with tile shower and flooring, new kitchen flooring, and mudroom improvements including new flooring and subfloor. HVAC unit setting rebuilt.
Lease Information:
Unit A: $1,300/mo through September 30, 2026.
Unit B $1,285/mo through August 31, 2026.
Do not disturb tenants. Showings available with acceptable offer. Leases to be honored. Buyer to verify all pertinent information. Please see MLS Listing #3163970 for Residential Listing. *Preferred Lender: Lending Hand is offering $3000 Lender Credit & Free Appraisal!...
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Home facts
- Year built:1949
- Listing ID #:3163851
- Added:8 day(s) ago
- Updated:April 05, 2026 at 02:27 PM
Rooms and interior
- Flooring:Vinyl
- Living area:1,550 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1949
- Building area:1,550 sq. ft.
- Construction Materials:Frame, Vinyl Siding
- Levels:1 Story
Schools
- High school:Gallatin Senior High School
- Middle school:Rucker Stewart Middle
- Elementary school:Vena Stuart Elementary
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$400,000
- Price per sq. ft.:$258.06
- Tax amount:$1,570
Features and amenities
- Amenities:Smoke Detector(s)
Parking
- Total parking spaces:4
- Parking description:Gravel, Shared Driveway
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