Brick Duplex with Bonus
For Sale
$565,000
1208 Rosebank Ave, Nashville, TN 37206
Two-unit brick property on a corner lot with separate outdoor areas and flexible layouts in a single-family residential setting.
Property Size2,138 SF
Price / SF$264.27
Days on Market48
Property Features for 1208 Rosebank Ave
General Information
Standard status
Active
Size
2,138 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
East Nashville
Building Details
Year Built
1982
Listing Agency:
Keller Williams Realty
Listed By:
Katina Thornton · License #RTC51438
(678) 772-7468
Source:
Nashvillehomes4sale
Added: Sep 7
Changed: Oct 4
Last Checked: Oct 20 at 5:53PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
Built in 1982, this brick duplex contains 2,138 square feet across two distinct units. Side A offers close to 1300 sq. ft. with 2 bedrooms, 2 full baths, a large bonus room, wet bar, deck, eat-in kitchen, pantry, and laundry hookups. Side B is approximately 856 sq. ft. with 2 bedrooms, one full bath, an eat-in kitchen, pantry, laundry hookups, and a private fenced yard with patio. The two units share a mirror-image floor plan, with the bonus room included in Side A.
Set on a corner lot with mature trees and a large driveway, the property is located at 1208 Rosebank Ave in Nashville’s 37206 ZIP code, in an area of single-family homes and minutes from the greenway. The home is offered as-is.
Set on a corner lot with mature trees and a large driveway, the property is located at 1208 Rosebank Ave in Nashville’s 37206 ZIP code, in an area of single-family homes and minutes from the greenway. The home is offered as-is.
Key Highlights
- 2,138‑square‑foot duplex built in 1982
- Side A measures close to 1300 sq. ft. with 2 bedrooms, 2 full baths, and a bonus room
- Side B is approximately 856 sq. ft. with 2 bedrooms and one full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,286
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,720
$485.7K
Cap Rate 7%
$346,943
$346.9K
Cap Rate 9%
$269,844
$269.8K
Market Conditions
NOI Build-Up for 2,138 SF
Gross rent
$37.2K $17.40/SF
− Vacancy
−$2.5K −$1.17/SF
EGI
$34.7K $16.23/SF
− OpEx
−$10.4K −$4.87/SF
NOI
$24.3K $11.36/SF
Area
Nashville, TN
Vacancy
6.74%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,720
Cap Rate 7%
$346,943
Cap Rate 9%
$269,844
Alternative Uses
Best Use
Multifamily LT 5
$346.9K
$303.6K – $404.8K
NOI $24,286 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$318.4K
$278.6K – $371.4K
NOI $22,285 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$544.3K
$476.2K – $635.0K
NOI $38,099 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
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Business Placement
Demographics for 37206, TN
27,792
Population
14,323
Households
1.9
Avg Household Size
34
Median Age
60%
College-Educated
94%
High-School Grad
7.8 sq mi
ZIP Area
3,563
Density / Sq Mi
$88,605
Median Household Income
$58,213
Median Earnings
$1,564
Median Rent
$529,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit brick property on a corner lot with separate outdoor areas and flexible layouts in a single-family residential setting.
Where is this duplex located?
The property is located at 1208 Rosebank Ave Nashville, TN.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 2,138‑square‑foot duplex built in 1982; Side A measures close to 1300 sq. ft. with 2 bedrooms, 2 full baths, and a bonus room; Side B is approximately 856 sq. ft. with 2 bedrooms and one full bath
