151 Dellway Dr, Nashville, TN 37207

Nashville
Local realty services provided by:ERA Chappell & Associates Realty & Rental
151 Dellway Dr,Nashville, TN 37207
$479,900
  • - Beds
  • - Baths
  • 1,368 sq. ft.
  • Multi-family
  • Active
Listed by: dennis sanders
Office: exp realty
MLS#:3154879
Source:NASHVILLE

Price summary

  • Price:$479,900
  • Price per sq. ft.:$350.8

About this home

Income producing duplex just 3 miles from Downtown Nashville offering strong in place returns, proven rent growth, and long term upside. Each unit features 2 bedrooms and 1 bathroom, creating a flexible setup for investors or owner occupants looking to offset their mortgage with rental income. The property is fully leased and professionally managed, making it a true turnkey opportunity from day one. Current financials show $40,800 in gross income and approximately $38,400 net operating income, with consistent performance driven by location and demand. During current ownership, rents have increased significantly and still show room for future growth. One unit previously operated as a short term rental and has since been converted to long term, offering optionality for future use depending on investment strategy. Whether your focus is stable cash flow, mid term rentals, or revisiting short term potential, the layout supports multiple paths. Positioned just off Ellington Parkway...

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Home facts

  • Year built:1949
  • Listing ID #:3154879
  • Added:55 day(s) ago
  • Updated:May 14, 2026 at 02:24 PM

Rooms and interior

  • Flooring:Tile, Vinyl
  • Living area:1,368 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1949
  • Building area:1,368 sq. ft.
  • Construction Materials:Hardboard Siding
  • Levels:1 Story

Schools

  • High school:Maplewood Comp High School
  • Middle school:Jere Baxter Middle
  • Elementary school:Tom Joy Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$479,900
  • Price per sq. ft.:$350.8
  • Tax amount:$5,644

Parking

  • Total parking spaces:6
  • Parking description:Driveway, Gravel
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