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For Sale

206 E Palestine Ave

206 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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Edward Klem

Coldwell Banker Southern Realty

Building Details

  • For Sale $1,950,000
  • Property Type Other
  • Lot Size 0.2 Acre
  • Year Built 1983
  • Date Updated Jul 8, 2026

Getting Around

  • Walk Score ®

    Somewhat Walkable (60)
  • Transit Score ®

    Some Transit (39)
  • Bike Score ®

    Somewhat Bikeable (29)
Powered by Walk Score ®

Location

  • City Madison, TN
  • Zip Code 37115
  • Market Nashville
  • Map
  • Street

Points of Interest

Kroger Fuel

0.96 miles

Shell

1.06 miles

BP

2.28 miles

Exxon

2.34 miles

Kroger

2.84 miles

Mapco

3.41 miles

RaceWay

3.56 miles

ChargePoint

4.58 miles

eVgo

5.00 miles

Inbound Lot

4.56 miles

Tractor Parking

4.62 miles

Relay Lot

4.63 miles

The Hermitage

5.99 miles

Uncle Bud's Catfish, Chicken, & Such

6.04 miles

Lot E

6.31 miles

Lot F

6.36 miles

Lot G

6.42 miles

Fontanel Mansion

6.43 miles

BUChampion Car Wash

3.34 miles

Car Wash

4.23 miles

U-Haul

5.97 miles

Budget

6.56 miles

Metro Livery

8.63 miles

Touchless Automatic Car Wash

9.82 miles

McDonald's

0.30 miles

Bojangles'

0.57 miles

Whitt's Barbeque

0.98 miles

Papa John's

0.98 miles

Cock of the Walk

1.06 miles

Burger King

1.14 miles

Captain D's

1.24 miles

Little Caesars

1.25 miles

KFC

1.28 miles

Kroger

0.94 miles

ALDI

0.94 miles

Walmart Neighborhood Market

1.08 miles

Rivergate Supermercado

2.50 miles

Walmart Supercenter

2.68 miles

TJ Maxx

3.36 miles

Opry Mills

3.36 miles

Piggly Wiggly

3.46 miles

Target

4.06 miles

TriStar Skyline Madison Campus

1.86 miles

Tristar Skyline Medical Center

1.99 miles

Nashville Fire Department Station 22

2.64 miles

Vanderbilt Health Gaylord Opryland Clinic

2.75 miles

Riverside Village Pharmacy

3.05 miles

Northridge Surgery Center

3.27 miles

Walgreens

3.48 miles

CVS Pharmacy

3.89 miles

Nashville Fire Department - Station 28

5.74 miles

206 E Palestine Ave Listing Summary

  • What is the asking price at 206 E Palestine Ave?

    206 E Palestine Ave is currently listed for sale at Contact for pricing.

  • What is the year built for 206 E Palestine Ave?

    The year built for 206 E Palestine Ave is 1983.

Contact Listing Broker
broker
Edward Klem

Coldwell Banker Southern Realty

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