$399,000

705 Neelys Bend Rd, Madison, TN 37115

  • 1,612 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $248/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
June 8, 2026
Data Last Updated:
June 24, 2026 at 3:20PM
Listing Office:
Synergy Realty Network, LLC : 6153640977
Listing Agent:
Tyler C. King : 6153640977
MLS ID:
3232179
  • Laundry: IndividualElectric Dryer HookupWasher Hookup
  • Flooring: CarpetLaminate
  • A/C: Wall/Window Unit(s)
  • Heating: Baseboard
  • Parking: Parking spaces: 0
  • General: Two
  • Originating MLS: realtrac
  • County: Davidson CountyTN
  • Zoning: Rs1005202019200
  • Utilities: Water Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Tyler C. King , Synergy Realty Network, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby