Apartment Building

Madison, TN Apartment Buildings for Sale

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10-Unit Renovated Apartment Property
Updated: Apr 11
10-Unit Renovated Apartment Property

206 East Palestine Avenue, Madison, TN 37115

$1,950,000
1,615 sqft
10 units distributed across 3 buildings: 4 units in each of two buildings and 2 units in the third
Renovated units with new roofs completed recently
Separate utility meters for each unit
Wood‑burning fireplaces, spacious kitchens, and laundry hookups in every unit
Covered porches for first‑floor residences and outdoor decks for second‑floor residences
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Renovated 20-Unit Apartment Community
Renovated 20-Unit Apartment Community

2003 Straightway Ave, Nashville, TN 37206

Contact for pricing
13,528 sqft

Renovated 20-unit, two-story apartment community offering 13,528 SF in East Nashville.

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16-Unit Apartment Building
16-Unit Apartment Building

324 Walton Ferry Rd, Hendersonville, TN 37075

$3,045,250

Multifamily property with renovated interiors, consistent two-bedroom layouts, and tenant-paid electricity.

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36-Unit Apartment Building
36-Unit Apartment Building

126 Walton Ferry Rd, Hendersonville, TN 37075

$5,948,850

Upgraded multifamily community with new roofs, windows, HVAC systems, and renovations across most units.

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Apartment Buildings with Development Potential
Apartment Buildings with Development Potential

3819 Gallatin Pike, Nashville, TN 37216

Contact for pricing
1.74 AC lot

Four-lot apartment property with existing rental units, shared facilities, parking, and MUL-A zoning.

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Off-Market Properties in Madison, TN

Consider similar Off-Market properties in Madison, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

555 Creative Way
HIGH-RISE APARTMENTS

555 Creative Way, Madison, TN 37115-2986

$350,000
Estimated value
22,231 sqft 2.36 AC lot
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600 Creative Way
HIGH-RISE APARTMENTS

600 Creative Way, Madison, TN 37115-2961

$710,000
Estimated value
38,990 sqft 9.20 AC lot
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591 Dupont Ave
HIGH-RISE APARTMENTS

591 Dupont Ave, Madison, TN 37115-3220

$285,000
Estimated value
5.50 AC lot
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Madison, TN Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Madison, TN on our real estate platform. These investment opportunities span a total of 1,615 square feet of properties for sale, with an estimated market value of $1,950,000.

Sale prices for two-family homes in Madison, TN average $1,950,000 — 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 41K
Population Growth (5Y) +2.0%
Median Household Income $53,034
College Educated 15.4%

Taxes & Financing

Tax Rate (average for all types) 3.08%
Property Tax per SF $57.17 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

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