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901 21st Ave N
Nashville, TN 37208 Germantown

Price Upon Request

Multifamily For Sale • 3,294 SF

Property Details

Property Type Multifamily
Total Building Size 3,294 SF
Lot Size 0.18 AC
Building Class C
Year Built 2006
Zoning RM20

45 Transit Score

51 Walk Score

                
                    Highlights
                
                                Prime Location – Situated in North Nashville, minutes from downtown, Germantown, and major city attractions.
                            
                                Turnkey Investment – Fully furnished, income-producing multi-family property with strong rental history.
                            
                                High Revenue Potential – Generated over $159,000 in gross income in the past 12 months.
                            
                                Strong Cap Rate – Offering an estimated 7.08% cap rate, making it an attractive investment opportunity.
                            
                                Multi-Unit Layout – Three contiguous 3-bedroom, 2-bathroom units totaling 9 beds, 6 baths, and 3,294 sq. ft.
                            
                                Low Vacancy & High Demand – Proximity to universities, hospitals, and corporate offices ensures consistent rental demand.

Financial Summary (Actual)

Net Operating Income: $92,369 USD (2024)

Total Expenses:

$65,324 USD

Amenities

Fenced Lot
Security System
Wi-Fi
Kitchen
Patio
Porch
Public Transportation
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Riverfront (East Corridor Line - Tennessee Regional Transportation Authority Music City Star (Music City Star))	6 min	-	2.6 mi
Donelson (East Corridor Line - Tennessee Regional Transportation Authority Music City Star (Music City Star))	17 min	-	9.4 mi
Airport	Drive	Walk	Distance
Nashville International	17 min	-	11.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

901 21st Ave N OFF MARKET Nashville, TN 37208 Germantown OFF MARKET