Login

200A E Palestine Ave, Madison, TN 37115

Madison
Local realty services provided by:CENTURY 21 Premier
200A E Palestine Ave,Madison, TN 37115
$390,000
  • - Beds
  • - Baths
  • 1,612 sq. ft.
  • Multi-family
  • Active
Listed by: edward klem
Office: coldwell banker southern realty
MLS#:3173146
Source:NASHVILLE

Price summary

  • Price:$390,000
  • Price per sq. ft.:$241.94

About this home

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 other repairs and updates for this sale. Less than 8 miles from downtown, 3 miles to Opry Mall and just seconds to new shopping district.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1983
  • Listing ID #:3173146
  • Added:1 day(s) ago
  • Updated:April 11, 2026 at 07:54 PM

Rooms and interior

  • Flooring:Laminate
  • Living area:1,612 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Baseboard

Structure and exterior

  • Roof:Shingle
  • Year built:1983
  • Building area:1,612 sq. ft.
  • Construction Materials:Brick, Frame
  • Levels:2 Story

Schools

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

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$390,000
  • Price per sq. ft.:$241.94
  • Tax amount:$3,522

Parking

  • Total parking spaces:4
  • Parking description:Asphalt
MLS LogoCopyright 2026 Realtracs Mls. All rights reserved. Realtracs Mls provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Realtracs Mls will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Realtracs Mls.

New listings near 200A E Palestine Ave