$589,000

1229 Cheyenne Ct, Madison, TN 37115

5 beds |
3 baths |
3,319 sqft

Single-Family Home
Built in 1974
0.39acre lot
—— car garage
$177/sqft
Listed 5 days ago

Property Description

INCOME PRODUCING - 7.5% CAP RATE! Welcome to this beautifully updated 5-bedroom, 3-bathroom home offering style, flexibility, and income potential. The main floor features an open-concept living space with a fully remodeled kitchen showcasing quartz countertops, newer stainless steel appliances, and a stainless steel gas stove/oven. Throughout the home you’ll find newer flooring and windows as well as a newer HVAC. Warm yourself by the wood burning fireplace, or enjoy the serenity from the front living room. As you walk through the home you'll see an abundance of natural light, highlighting its chic, modern finishes. Three spacious bedrooms and two full baths complete the upstairs level. As you walk downstairs you'll find the finished basement which includes a private entrance, new modern open-concept kitchen, large living room, two bedrooms, and a full bathroom — perfect as an in-law suite, private guest space, or separate rental. This property is zoned for owner-occupied short-term rental (Airbnb) use, offering buyers unique investment flexibility. Currently leased as a long term rental at $3,700/month, the tenant is currently in a lease through March of 2027, making this an excellent turnkey opportunity. With its bright interiors, thoughtful upgrades, and versatile layout, this home is ready to impress — whether you’re seeking a stylish primary residence, multi-generational living, or income-generating potential.

Listing Status:: Active
Date Added:: February 10, 2026
Data Last Updated:: February 16, 2026 at 4:20AM
Listing Office:: Realty One Group Music City : 6154287907
Listing Agent:: James Jonathan Fuertes : 6154287907
MLS ID:: 3127851

Appliances: Gas OvenGas RangeDishwasherRefrigerator
Basement: ApartmentFinishedFull
Flooring: Laminate
A/C: Ceiling Fan(s)Central Air
Heating: CentralNatural Gas
Fireplace: Wood BurningFireplaceFireplaces: 1

Parking: Parking spaces: 0

General: Two

Originating MLS: realtrac
County: Davidson CountyTN

Topography: Level
Zoning: 05309003800
Fencing: Back Yard

Utilities: Natural Gas AvailableWater Available
Water: Public
Sewer: Public Sewer

Source: realtrac

This listing courtesy of James Jonathan Fuertes , Realty One Group Music City

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Neely's Bend K-8 School

1300 Neelys Bend Rd, Madison, TN, 37115

Grades KG-8

0.59 miles away

Neely's Bend K-8 School

1300 Neelys Bend Rd, Madison, TN, 37115

Grades KG-8

0.59 miles away

The Academy at Opry Mills

433 Opry Mills Dr, Nashville, TN, 37214

Grades 12-12

3.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.