6966 Park Dr, Lyles, TN 37098

Local realty services provided by:Reliant Realty ERA Powered
6966 Park Dr,Lyles, TN 37098
$399,900
  • - Beds
  • - Baths
  • 4,640 sq. ft.
  • Multi-family
  • Active
Listed by:kaysie banville
Office:keller williams realty nashville/franklin
MLS#:3001392
Source:NASHVILLE

Price summary

  • Price:$399,900
  • Price per sq. ft.:$86.19

About this home

This is an exceptional investment opportunity featuring 8 rental units across three separate properties, with significant value add potential. Two tenants vacated when learning of the sale, but the remaining tenants have been in place for years and have a strong payment history. Excellent opportunity to get tenants to market rates! The property offers a mix of unit types to appeal to a wide range of renters. There are two 2-bedroom, 1-bath duplex units, three studio-style efficiency apartments, each with 1 bath, and a house with two 2 bedroom, 1 bath downstairs units. All buildings separately metered! Recent updates include a new septic pump installed in 2024 and HVAC servicing for the triplex completed in December 2024. This property offers a unique opportunity to capitalize on below-market rents and long-term tenants with a strong payment history, making it an ideal investment for those seeking stable cash flow and future growth potential.

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Home facts

  • Year built:1994
  • Listing ID #:3001392
  • Added:1 day(s) ago
  • Updated:September 25, 2025 at 02:41 PM

Rooms and interior

  • Living area:4,640 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1994
  • Building area:4,640 sq. ft.

Schools

  • High school:East Hickman High School
  • Middle school:East Hickman Middle School
  • Elementary school:East Hickman Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$86.19
  • Tax amount:$644
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