MIDDLE TENNESSEE REAL ESTATE
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.
Status : Active
County : Davidson County, TN
Property Type : Residential Income
Area : 1,612 sq. ft.
Year Built : 1982
Exterior Construction : Brick,Vinyl Siding
Floors : Carpet,Laminate
Heat : Baseboard
HOA / Subdivision : Rainbow Terrace
Listing Provided by : Synergy Realty Network, LLC
MLS Status : Active
Listing # : RTC3232179
Schools near 705 Neelys Bend Rd, Madison, TN 37115 :
Stratton Elementary, Madison Middle, Hunters Lane Comp High School
Heating : Yes
Building Area Total : 1612 Sq. Ft.
Lot Size Dimensions : 50 X 200
Living Area : 1612 Sq. Ft.
Property Attached : Yes
Office Phone : 6153712424
Possession : Close Of Escrow
Cooling : 1
Levels : Two
Stories : 2
Utilities : Water Available
Sewer : Public Sewer
From downtown Nashville: Take I-65 N to Briley Parkway East/TN-155 E. Continue to Gallatin Pike/Madison exit and turn left onto Gallatin Pike. Continue north, then turn right onto Neelys Bend Rd. Property will be on the right at 705-707 Neelys
We're ready when you are.
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