705 Neelys Bend Rd, Madison, TN 37115

Madison
Local realty services provided by:Reliant Realty ERA Powered
705 Neelys Bend Rd,Madison, TN 37115
$384,900
  • - 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:$384,900
  • Price per sq. ft.:$238.77

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...

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Home facts

  • Year built:1982
  • Subdivision & Development:Rainbow Terrace
  • Listing ID #:3232179
  • Added:52 day(s) ago
  • Updated:July 30, 2026 at 02:19 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:$384,900
  • Price per sq. ft.:$238.77
  • Tax amount:$3,497
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