Duplex with Hot Tub
For Sale
$599,999
1711 Golf St, Nashville, TN 37216
One unit has an open kitchen and dining area, while the other features an updated kitchen.
Property Size2,624 SF
Price / SF$228.66
Days on Market14
Property Features for 1711 Golf St
General Information
Standard status
Active
Size
2,624 SF
Property subtype
Multifamily
Site & Location
Neighborhood
East Nashville
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Building Details
Year Built
1952
Listing Agency:
Realty Executives Hometown Living
(615) 802-2000
Listed By:
Andrew Shreeve · License #388027
(731) 935-9016
Source:
Movehomenashville
Added: Oct 16
Changed: Oct 29
Last Checked: Oct 29 at 2:34PM
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 Realty Executives Hometown Living
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Investment Insights
Based on property information with market context.
This 2,624-square-foot duplex was built in 1952 and contains two units. One residence has an open kitchen and dining area, exposed beams, and a separate room for a hot tub. The other has an updated kitchen. Tenants currently occupy the property, and professional management is in place.
The property is at 1711 Golf St in Nashville’s Inglewood neighborhood, within East Nashville.
The property is at 1711 Golf St in Nashville’s Inglewood neighborhood, within East Nashville.
Key Highlights
- Two‑unit duplex with 2,624 square feet
- Built in 1952
- One unit has exposed beams, an open kitchen and dining area, and a dedicated hot tub room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,806
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,120
$596.1K
Cap Rate 7%
$425,800
$425.8K
Cap Rate 9%
$331,178
$331.2K
Market Conditions
NOI Build-Up for 2,624 SF
Gross rent
$45.7K $17.40/SF
− Vacancy
−$3.1K −$1.17/SF
EGI
$42.6K $16.23/SF
− OpEx
−$12.8K −$4.87/SF
NOI
$29.8K $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%
$596,120
Cap Rate 7%
$425,800
Cap Rate 9%
$331,178
Alternative Uses
Best Use
Multifamily LT 5
$425.8K
$372.6K – $496.8K
NOI $29,806 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$390.7K
$341.9K – $455.9K
NOI $27,351 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$668.0K
$584.5K – $779.3K
NOI $46,760 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
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Business Placement
Demographics for 37216, TN
18,191
Population
9,574
Households
1.9
Avg Household Size
36
Median Age
57%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
2,715
Density / Sq Mi
$82,134
Median Household Income
$54,407
Median Earnings
$1,507
Median Rent
$404,100
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 - One unit has an open kitchen and dining area, while the other features an updated kitchen.
Where is this duplex located?
The property is located at 1711 Golf St Nashville, TN.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Two‑unit duplex with 2,624 square feet; Built in 1952; One unit has exposed beams, an open kitchen and dining area, and a dedicated hot tub room
