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206A E Palestine Ave, Madison, TN 37115
206A E Palestine Ave, Madison, TN 37115
206A E Palestine Ave, Madison, TN 37115
206A E Palestine Ave, Madison, TN 37115
206A E Palestine Ave, Madison, TN 37115
206A E Palestine Ave, Madison, TN 37115
206A E Palestine Ave, Madison, TN 37115

206A E Palestine Ave Madison, TN 37115

$1,950,000

ACTIVE
Beds
Baths
Sqft
Acres
0.2
Year
1983
Days on Site
4
Property Type
Commercial Sale
Sub Type
Mixed Use
Per Square Foot
$1,950,000
Date Listed
Apr 9, 2026

Description of 206A E Palestine Ave, Madison, TN 37115

Listing details for 206A E Palestine Ave, Madison, TN 37115 : This once in a lifetime offerings is for 10 units covering over 3 buildings. All units are currently rented and have been renovated. Also new roofs recently done and each unit has separate utility meters to lower owner cost. Super upside exists to increase rents plus 2 units currently approved via VA/VASH housing program increasing rents to $1550.00. Excellent location with close proximity to major highways, approximately 7 miles to downtown Nashville, Vanderbilt Medical and so much more. New shopping center coming to Madison as well. First floor residents have covered porch while second floor residents have outside deck. Plenty of parking and exception yard space as well. Make up each building will be 4 per building and 2 units in one other building. Each unit has wood burning fireplace, spacious kitchen and inside laundry hookups, also a very rare feature for units in the area. 5 seperate property id's means you can sell of each duplex if desired at a later time but this property is generating excellent returns with only more to come in the future.
Listing Updated : 04-13-2026 at 6:00 PM CDT
Listing Provided By : Edward Klem, 6159471188, Coldwell Banker Southern Realty
Source :

Realtracs MLS as distributed by MLS GRID, MLS#: 3173164

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Based on information submitted to the MLS GRID as of 2026-04-15 at 8:15 a.m. CDT. 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. Some IDX listings have been excluded from this website

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