2416 Alameda St, Nashville, TN 37208 For Sale

Description

Welcome to 2416 Alameda St — a rare, cash-flowing investment opportunity in the heart of North Nashville. This fully rented 5-bedroom, 3-bath manufactured home offers 2,040 square feet of living space on a 0.15-acre lot and is currently generating $2,700 per month in rental income, with tenants paying utilities. The current lease runs through 7/31/2026, making this a true turnkey rental, income-producing property, and ideal buy-and-hold investment for anyone searching for Nashville investment property, cash-flow rental, or performing rental portfolio additions. Five-bedroom homes are extremely uncommon for this neighborhood, creating strong long-term rental demand and flexibility for future rent growth. The home features an open-concept floorplan, neutral interior paint, fireplace, and a clean, well-maintained interior. Recent updates include LVP flooring in the main living areas, carpet in the bedrooms, newer kitchen appliances, plus a newer roof, windows, HVAC, and water heater. While this is a manufactured home, it sits on a solid, stable cinder block foundation and underwent a full remodel in 2018, including flooring, cabinets, countertops, vanities, and fresh paint throughout. The fenced backyard adds additional appeal, and the location is hard to beat — less than 9 minutes to downtown Nashville and within walking distance of Fisk University, Tennessee State University, and Meharry Medical College, making this an excellent option for student housing or long-term tenants alike. With continued appreciation in North Nashville and significant upside potential, this is a standout opportunity to own a high-yield rental in a rapidly growing area. Showings approved for serious buyers only due to tenant occupancy.