Madison TN Multi Family for Sale
$825,000
810 Anderson Ln Madison, TN 37115
- Type:
- Cluster
- Sq.Ft.:
- 3,224
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1983
- Baths:
- MLS#:
- 2693730
- Subdivision:
- Anderson Estates
ADDITIONAL INFORMATION
Completely renovated (all new windows! new kitchens too!) income producing QUADRUPLEX just down the street from the Madison Police Station. Huge flat yard and plenty of parking. Rent amount is noted in this listing below. Three of the four units have tenants in place with 12 month leases. 806 sq ft per unit. 2 duplexes joined to form a quadruplex, selling both parcels together. Tax record for 810 and 812 Anderson Ln included in this listing. 806 and 808 Anderson listed as 330 Scalf Dr in tax records. Annual property tax total for quadruplex is approximately $6,466/year. Operating reserve and income subject to change with one available unit left.
$1,800,000
202 Woodruff St Madison, TN 37115
- Type:
- Cluster
- Sq.Ft.:
- 6,400
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1974
- Baths:
- MLS#:
- 2687982
- Subdivision:
- Douglas-levine
ADDITIONAL INFORMATION
renovated in 2020 apartment complex. all one bedroom units. units are rented from 900-1045 per month with room to grow. great income property to hold onto as Madison progresses in the future. zoned CS, future airbnb potential. Endless possibilities here.
$3,619,000
336 May Dr Madison, TN 37115
- Type:
- Cluster
- Sq.Ft.:
- 14,214
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 2703540
- Subdivision:
- Homes At May Drive And Anderson Lane Commons
ADDITIONAL INFORMATION
THIS LISTING IS FOR 11 OF THE 12 TOTAL UNITS. 1 UNIT IS UNDER CONTRACT. SEE MLS 2653777 FOR SINGLE UNIT LISTING. PROFORMA AMOUNTS ARE FOR 12 UNITS, NOT 11. PLEASE ADJUST THE PROFORMA TO REFLECT ONLY 11 UNITS. Beautiful Brand New Jackson Builders townhomes development in burgeoning Madison. 11 homes across 2 buildings, 22 open parking spaces. Enclosed community dumpster location. 2 bedroom PLUS flex room, 2.5 bath. Each home approx 1300 sq. ft.
$574,999
209 E Webster St Madison, TN 37115
- Type:
- Cluster
- Sq.Ft.:
- 2,046
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1982
- Baths:
- MLS#:
- 2640789
- Subdivision:
- Montague
ADDITIONAL INFORMATION
SVN Accel Commercial Real Estate is pleased to present a rare Investment opportunity to own Three 4 units in Nashville. 4 Unit building is part of a 12 unit portfolio. Prefer to sell 5144 & 5152 Linbar Dr (MLS #2640792) & (MLS #2640794) together as 8 units. 209 E Webster is included in the portfolio and can be sold separately. Commercially Zoned OR20. Building has been professionally maintained and managed by a local property manager. Units are all 1 bed 1 bath, separate utilities, tenants pay all utilities. 10yr old metal roof, newer LVP flooring, new paint, water heaters, designated parking spaces in the back. Window AC units for cooling, baseboard heating. Market rent is $975 / unit, currently below market. Light value add opportunity to increase rents & maximize income. All tenants are on annual leases. Located in the growing Madison neighborhood. Property occupancy rate has been near 100% since acquisition. See attached brochure for more info on the portfolio opportunity.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Madison Real Estate
The median home value in Madison, TN is $332,000. This is higher than the county median home value of $264,400. The national median home value is $219,700. The average price of homes sold in Madison, TN is $332,000. Approximately 46.35% of Madison homes are owned, compared to 42.3% rented, while 11.35% are vacant. Madison real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison real estate agent to arrange a tour today!
Madison, Tennessee has a population of 40,778. Madison is less family-centric than the surrounding county with 25.01% of the households containing married families with children. The county average for households married with children is 28.59%.
The median household income in Madison, Tennessee is $39,579. The median household income for the surrounding county is $53,419 compared to the national median of $57,652. The median age of people living in Madison is 35.7 years.
Madison Weather
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 27.3 degrees. The average rainfall is approximately 51.1 inches per year, with 0.8 inches of snow per year.