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    Ashland City, TN
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    Joelton, TN Pegram, TN Kingston Springs, TN Pleasant View, TN Nashville, TN Whites Creek, TN Springfield, TN Goodlettsville, TN
    Renovated 6-Unit Apartment Building
    Updated: Jun 29
    Renovated 6-Unit Apartment Building

    138 HIBISCUS DR, Ashland City, TN 37015

    $975,000
    6,364 sqft
    6‑unit multifamily property at 138 Hibiscus Drive in Ashland City
    Built in 1988 and recently renovated
    Single building totaling approximately 5,524 SF
    Six 2‑bedroom, 1‑bath apartments (each about 921 SF) with functional layouts
    In‑unit laundry hookups in each unit
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    This listing looks promising.

    Here's a quick look at some key insights for

    138 HIBISCUS DR, ASHLAND CITY, TN 37015

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    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $66K
      Annual

    • Price @ 7% Cap

      $948K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1988
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ashland City, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Plex with Attached Garages
    8-Plex with Attached Garages

    105 Hillridge Court, Bowling Green, KY 42101

    $999,000
    2.21 AC lot

    Fully occupied eight-unit property with 2-bedroom, 1.5-bath layouts and attached garages in half the homes.

    View details
    Shovel-Ready Corner Development Land
    Shovel-Ready Corner Development Land

    2700 Tucker Rd, Nashville, TN 37218

    $950,000
    3,000 sqft 1.00 AC lot

    Corner commercial development site with approved plans for a 12-unit STR-eligible townhome project and utilities at the street.

    View details
    16-Unit Multifamily Investment
    16-Unit Multifamily Investment

    5312/5294 Bakers Springs Street, Bowling Green, KY 42101

    $2,340,000
    0.56 AC lot

    New 2025 construction featuring 16 open-concept units with contemporary interiors and low-maintenance finishes.

    View details
    Multi-Unit Apartment Building with Rooftops
    Multi-Unit Apartment Building with Rooftops

    5627 Lenox Ave, Nashville, TN 37209

    $7,600,000

    Four-bedroom, four-bath units with rooftop terraces and deeded garages, offered as a 14-unit package.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

    View details
    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details

    Ashland City, TN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Ashland City, TN on our real estate platform. These investment opportunities span a total of 6,364 square feet of properties for sale, with an estimated market value of $975,000.

    Sale prices for two-family homes in Ashland City, TN start at $975,000, averaging $975,000, and reaching up to $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 20K
    Population Growth (5Y) +12.8%
    Median Household Income $74,848
    College Educated 30.2%

    Taxes & Financing

    Tax Rate (average for all types) 3.28%
    Property Tax per SF $66.50 per SF
    Average Loan-to-Value 65.0%

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