1405 Highland Ave, Columbia, TN 38401
Local realty services provided by:ERA Chappell & Associates Realty & Rental
1405 Highland Ave,Columbia, TN 38401
$345,000
- - Beds
- - Baths
- 2,051 sq. ft.
- Multi-family
- Active
Listed by: david blalock
Office: simplihom
MLS#:3251108
Source:NASHVILLE
Price summary
- Price:$345,000
- Price per sq. ft.:$168.21
About this home
1405 Highland Ave is a centrally located stone triplex that blends historic character with proven investment performance. Located just steps from Columbia’s thriving Arts District, the property is walkable to downtown restaurants, coffee shops, boutiques, and local favorites, positioning it in one of the city’s most desirable high-traffic corridors.
This commercially zoned property (CD-3) has operated as a consistent cash-flowing rental for years and offers both stability and future upside. Last appraised at $375,000 in 2023, the property presents an excellent opportunity for investors seeking a workforce-grade rental with value-add potential through strategic cosmetic improvements and finish upgrades.
The property currently has two vacant units available for showing, while Unit #1 is occupied by a long-term legacy tenant on a month-to-month lease.
Capital improvements include approximately $30,000 in foundation work completed in 2021, new water heaters installed in 2024, and updated flooring in Unit #2 completed in 2021.
Seller is open to creative purchase structures including seller financing and lease-to-own terms for qualified buyers....
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Home facts
- Year built:1936
- Listing ID #:3251108
- Added:57 day(s) ago
- Updated:July 20, 2026 at 02:46 PM
Rooms and interior
- Living area:2,051 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Natural Gas, Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1936
- Building area:2,051 sq. ft.
- Construction Materials:Stone
- Levels:2 Story
Schools
- High school:Columbia Central High School
- Middle school:Whitthorne Middle School
- Elementary school:Highland Park Elementary
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$345,000
- Price per sq. ft.:$168.21
- Tax amount:$2,340
Parking
- Parking description:Gravel, Parking Lot
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