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705 Neelys Bend Rd

Madison, TN 37115
  • $374,900
  • STATUS: Active
  • ON SITE: 119 Days
  • MLS #: RTC3232179
UPDATED: 165 min ago
$374,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,612
    SQFT
  • $233
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1982
County:

School Information

Elementary School:
Middle School:

Description

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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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Miles Team | Compass Tennesee, LLC, 615-375-3575). IDX information © 2026 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Miles Team | Compass Tennesee, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-10-06T00:07:16.16.

Based on information submitted to the MLS GRID as of 2026-10-06T00:07:16.16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.milesrealestateteam.com/homes/177433810
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705 Neelys Bend Rd Madison, TN 37115

  • Price: $374,900
  • Status: Active
  • On Site: 119 Days
  • Updated: 165 min ago
  • MLS #: RTC3232179
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,612
SQFT
$233
$/SQFT
1982
Built
Neighborhood:
Rainbow Terrace
County:
Davidson
Elementary School:
Stratton Elementary
Middle School:
Madison Middle
High School:
Hunters Lane Comp High School
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials BrickVinyl Siding Covered Spaces 0 Garage YN No Levels Two Lot Size Dimensions 50 X 200 Parking Total 0 View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 1612 Cooling Wall/Window Unit(s) Cooling YN Yes Flooring CarpetLaminate Heating Baseboard Heating YN Yes

Property Features

Association YN No Building Area Total 1612 Gross Income 2120 Inclusions Appliances Laundry Features IndividualElectric Dryer HookupWasher Hookup Net Operating Income 2120 New Construction YN No Operating Expense 0 Owner Pays Other Pool Private YN No Property Attached YN Yes Rent Includes Other Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Stories 2 Tax Annual Amount 3497 Tenant Pays ElectricityWater Total Actual Rent 2250 Water Source Public Year Built Details Existing Zoning Rs10

Realtracs Solutions logo Offered by Synergy Realty Network, LLC: . Copyright 2026 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Miles Team | Compass Tennesee, LLC, 615-375-3575). IDX information © 2026 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Miles Team | Compass Tennesee, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-10-06T00:07:16.16.

Based on information submitted to the MLS GRID as of 2026-10-06T00:07:16.16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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