419 Belmont Ave, Shelbyville, TN 37160
Local realty services provided by:ERA Chappell & Associates Realty & Rental
419 Belmont Ave,Shelbyville, TN 37160
$499,900
- - Beds
- - Baths
- 3,359 sq. ft.
- Multi-family
- Active
Listed by: amy cannon
Office: cannontown real estate
MLS#:3179883
Source:NASHVILLE
Price summary
- Price:$499,900
- Price per sq. ft.:$148.82
About this home
Investment opportunity in one of Shelbyville’s most established residential areas, just minutes from the historic downtown square. Located on Belmont Ave—one of the city’s oldest corridors known for its historic homes and architectural character—this 5-unit brick apartment building offers strong rental appeal driven by location and walkability.
Unit mix includes two 2BR/1BA units, two 1BR/1BA units, and a Studio apt with Bath which is Unit 5 (rents at $650/month).
Two units are currently vacant, providing immediate value-add potential with projected rents of ~$950 (2BR) and ~$850 (1BR).
Units 2,3,4 are accessed through the interior. Units 1 and 5 are accessed from their own small deck on each side of the building.
We have a one BR Vacant unit available for showings.
Improvements within ~4-5 years include roof, kitchen & bath updates, new foundation drainage system, and main sewer line replacement. Owner currently pays utilities and lawn care
Convenient access to Murfreesboro and Nashville. Ideal for investors seeking immediate income with upside potential. *Income & operating expense figures are from 2025....
Contact an agent
Home facts
- Year built:1948
- Listing ID #:3179883
- Added:47 day(s) ago
- Updated:June 07, 2026 at 02:33 PM
Rooms and interior
- Flooring:Tile
- Living area:3,359 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Baseboard
Structure and exterior
- Roof:Shingle
- Year built:1948
- Building area:3,359 sq. ft.
- Construction Materials:Brick
- Levels:2 Story
Schools
- High school:Shelbyville Central High School
- Middle school:Harris Middle School
- Elementary school:East Side Elementary
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$148.82
- Tax amount:$2,944
Features and amenities
- Amenities:Smoke Detector(s)
Parking
- Parking description:Parking Lot
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