6966 Park Drive

Lyles TN 37098

4640 sq. ft.

Multi-Family

Last sold for $375,000

Kaysie Banville, last sold this property on 31 December 2025 after 343 days on market.

Overview

This is an exceptional investment opportunity featuring 8 rental units across three separate properties, with significant value add potential. Two tenants vacated when learning of the sale, but the remaining tenants have been in place for years and have a strong payment history. Excellent opportunity to get tenants to market rates! The property offers a mix of unit types to appeal to a wide range of renters. There are two 2-bedroom, 1-bath duplex units, three studio-style efficiency apartments, each with 1 bath, and a house with two 2 bedroom, 1 bath downstairs units. All buildings separately metered! Recent updates include a new septic pump installed in 2024 and HVAC servicing for the triplex completed in December 2024. This property offers a unique opportunity to capitalize on below-market rents and long-term tenants with a strong payment history, making it an ideal investment for those seeking stable cash flow and future growth potential.

Features

4640 sq. ft. floor area

Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Lyles over the last 12 months.

Property history for 6966 Park Drive

2025

Sold

$375,000

31 Dec 2025 by Kaysie Banville, of Keller Williams Realty

Happy sellers in Lyles

We have insufficient information to provide an overview of customer satisfaction for Lyles. Viewing the agent profiles, reviews and sales for Lyles can provide insights for this location.

Local market activity for multi families in Lyles

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Lyles for a market analysis.

Mitzi De La Cruz

at eXp Realty

(158 reviews)

Get a market analysis

Holly Black

at Keller Williams Realty Franklin

(83 reviews)

Get a market analysis

Michelle Smith

at Benchmark Realty, LLC

(3 reviews)

Get a market analysis

Monica Mallard

at Keller Williams Lee Realty

(1 review)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lyles

Mitzi De La Cruz

Sellers who recommend Mitzi De La Cruz have praised them for being responsive, local expert, clear communication, supportive, dedicated, empathetic, and friendly

5 (158 reviews)
2 Reviews in Lyles
1 Sale in Lyles

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Holly Black

Sellers who recommend Holly Black have praised them for being local expert, clear communication, supportive, responsive, reliable, great negotiation, and dedicated