MIDDLE TENNESSEE REAL ESTATE
MIDDLE TENNESSEE REAL ESTATE
151 Dellway Dr, Nashville, TN 37207 For Sale
- 1,368 sq ft
Description
Income producing duplex just 3 miles from Downtown Nashville offering strong in place returns, proven rent growth, and long term upside. Each unit features 2 bedrooms and 1 bathroom, creating a flexible setup for investors or owner occupants looking to offset their mortgage with rental income. The property is fully leased and professionally managed, making it a true turnkey opportunity from day one. Current financials show $40,800 in gross income and approximately $38,400 net operating income, with consistent performance driven by location and demand. During current ownership, rents have increased significantly and still show room for future growth. One unit previously operated as a short term rental and has since been converted to long term, offering optionality for future use depending on investment strategy. Whether your focus is stable cash flow, mid term rentals, or revisiting short term potential, the layout supports multiple paths. Positioned just off Ellington Parkway between Dickerson Pike and East Nashville, the property provides a quick and convenient commute to Downtown, helping drive tenant demand and long term stability. Listed below last appraisal using the income method, creating a compelling opportunity for investors seeking immediate returns with built in equity potential. Prior appraisal is available on request. Situated on a deep lot in an established neighborhood with no HOA, this property combines location, income, and flexibility in one of Nashville’s most accessible and consistently performing rental corridors.
Property Details
Status : Active
County : Davidson County, TN
Property Type : Residential Income
Area : 1,368 sq. ft.
Year Built : 1949
Exterior Construction : Hardboard Siding
Floors : Wood,Luxury Vinyl,Tile,Vinyl
Heat : Central,Electric
HOA / Subdivision : Joywood Heights
Listing Provided by : eXp Realty
MLS Status : Active
Listing # : RTC3154879
Schools near 151 Dellway Dr, Nashville, TN 37207 :
Tom Joy Elementary, Jere Baxter Middle, Maplewood Comp High School
Additional details
Heating : Yes
Parking Features : Driveway,Gravel
Building Area Total : 1368 Sq. Ft.
Lot Size Dimensions : 75 X 290
Living Area : 1368 Sq. Ft.
Property Attached : Yes
Office Phone : 8885195113
Possession : Negotiable
Cooling : 1
Levels : One
Stories : 1
Utilities : Electricity Available,Water Available
Parking Space : 6
Sewer : Public Sewer
Location 151 Dellway Dr, TN 37207
Directions to 151 Dellway Dr, TN 37207
From Nissan Stadium: Turn left onto S 1st St. Merge onto US-31W N/US-41 N/US-431 N/Dickerson Pike, and continue for 2.4 miles. Turn right onto Dellway Dr (NOT DELLWAY CT). Home will be on your left.
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