151 Dellway Dr

Nashville-Davidson metropolitan government (balance) TN 37207

1368 sq. ft.

Duplex

Currently for sale - view listing

Overview

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 between Dickerson Pike and East Nashville, the property provides a quick and convenient commute to Downtown, helping drive tenant demand and long term stability. Listed below last appraisal using the income method, creating a compelling opportunity for investors seeking immediate returns with built in equity potential. Prior appraisal is available on request. Situated on a deep lot in an established neighborhood with no HOA, this property combines location, income, and flexibility in one of Nashville’s most accessible and consistently performing rental corridors.

Features

6 carspaces

6 open car spaces

1368 sq. ft. floor area

Duplex

Property history for 151 Dellway Dr

2020

Sold

$290,000

28 Oct 2020 by Sarah Beth Paul, of Vibe Realty

2018

Sold

$220,000

01 Jun 2018 by Mark Rothschild, of Benchmark Realty, LLC

Happy sellers in Nashville-Davidson metropolitan government (balance)

85%

85% of sellers in Nashville-Davidson metropolitan government (balance) reported that their sale price either exceeded or met their price expectations.

Nashville-Davidson metropolitan government (balance) stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Nashville-Davidson metropolitan government (balance) over the last 12 months.