705 Neelys Bend Rd, Madison, TN 37115
Local realty services provided by:Reliant Realty ERA Powered
705 Neelys Bend Rd,Madison, TN 37115
$374,900
- - Beds
- - Baths
- 1,612 sq. ft.
- Multi-family
- Active
Listed by: tyler c. king
Office: synergy realty network, llc.
MLS#:3232179
Source:NASHVILLE
Price summary
- Price:$374,900
- Price per sq. ft.:$232.57
About this home
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....
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Home facts
- Year built:1982
- Subdivision & Development:Rainbow Terrace
- Listing ID #:3232179
- Added:96 day(s) ago
- Updated:September 13, 2026 at 02:16 PM
Rooms and interior
- Flooring:Carpet, Laminate
- Living area:1,612 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Baseboard
Structure and exterior
- Year built:1982
- Building area:1,612 sq. ft.
- Construction Materials:Brick, Vinyl Siding
- Levels:2 Story
Schools
- High school:Hunters Lane Comp High School
- Middle school:Madison Middle
- Elementary school:Stratton Elementary
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$374,900
- Price per sq. ft.:$232.57
- Tax amount:$3,497
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