Duplex with House-Hack
116D N 9th St Nashville, TN 37206
New
116D N 9th St, Nashville, TN, 37206
$1,600,000
For Sale
$1,600,000
Duplex property with two units and the ability to lease for 30+ days without a short-term rental permit.
Property Size5,000 SF
Price / SF$320
Days on Market3
Property Features for 116D N 9th St
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2022
Listing Agency
Compass
Listed by
Bonnie Mcnichols · License #RTC34432
Source
Thehuffakergroup
Added: Jul 19 Updated: Jul 20 at 2:19 am Checked: Jul 20 at 2:19 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This duplex offers two separate units, designed for buyers who want flexibility between owner-occupancy and generating rental income. The property also provides the ability to lease for 30+ days without requiring a short-term rental permit from the city.
Located at 116D N 9th St in Nashville, the home is described as being in a convenient, fast-growing East Nashville area, with access to downtown and easy interstate access. The public remarks also cite proximity to the new Oracle campus, the new Nissan Stadium, and nearby restaurants.
With multiple options for how the units can be occupied, this is a for-sale residential income property suited for buyers looking to structure their use of the space in more than one way.
Located at 116D N 9th St in Nashville, the home is described as being in a convenient, fast-growing East Nashville area, with access to downtown and easy interstate access. The public remarks also cite proximity to the new Oracle campus, the new Nissan Stadium, and nearby restaurants.
With multiple options for how the units can be occupied, this is a for-sale residential income property suited for buyers looking to structure their use of the space in more than one way.
Key Highlights
- Duplex built in 2022 with two units
- Ability to lease for 30+ days without requiring a short‑term rental permit from the city
- Flexibility for primary residence, house hack, or income‑producing investment
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.0k | $17.40 |
| − Vacancy | −$5.9k | −$1.17 |
| EGI | $81.1k | $16.23 |
| − OpEx | −$24.3k | −$4.87 |
| NOI | $56.8k | $11.36 |
5,000 SF · lease $17.40/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$811.4K
$709.9K – $946.6K
NOI $56,795 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$744.5K
$651.5K – $868.6K
NOI $52,117 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,100 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex property with two units and the ability to lease for 30+ days without a short-term rental permit.
Where is this duplex located?
The property is located at 116D N 9th St Nashville, TN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Duplex built in 2022 with two units; Ability to lease for 30+ days without requiring a short‑term rental permit from the city; Flexibility for primary residence, house hack, or income‑producing investment
