Duplex Rental
For Sale
$565,000
200 Prince Ave, Nashville, TN 37207
A two-unit duplex designed for rental use, with pictures available of one side.
Property Size1,450 SF
Price / SF$389.66
Days on Market136
Property Features for 200 Prince Ave
General Information
Standard status
Active
Size
1,450 SF
Property subtype
Residential Income
Building Details
Tenancy
Multi
Listing Agency:
Regal Realty Group
(615) 545-4637
Listed By:
Chris Ebert
(615) 545-4637
Source:
Exprealty
Added: Mar 19
Changed: Jul 30
Last Checked: Jul 31 at 7:30PM
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 Regal Realty Group
Investment Insights
Based on property information with market context.
This duplex provides two rental units in one property. The public remarks indicate that the photographs are of one side of the duplex, and tenants are currently in place, so tours require care to avoid disturbing residents.
The property is listed at 200 Prince Ave in Nashville, Tennessee, and described as being in East Nashville. The asset size is 1,450, which may be useful for evaluating fit and operating layout for a two-unit rental strategy.
For buyers seeking a straightforward two-rental setup within a single structure, this configuration can support either a portfolio expansion approach or a live-in arrangement on one side while renting the other. Any showing should be scheduled with attention to tenant occupancy.
The property is listed at 200 Prince Ave in Nashville, Tennessee, and described as being in East Nashville. The asset size is 1,450, which may be useful for evaluating fit and operating layout for a two-unit rental strategy.
For buyers seeking a straightforward two-rental setup within a single structure, this configuration can support either a portfolio expansion approach or a live-in arrangement on one side while renting the other. Any showing should be scheduled with attention to tenant occupancy.
Key Highlights
- Two rental units in one duplex
- Photographs provided for one side of the duplex
- Tenant occupancy in place; do not disturb
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 | $25.2k | $17.40 |
| − Vacancy | −$1.7k | −$1.17 |
| EGI | $23.5k | $16.23 |
| − OpEx | −$7.1k | −$4.87 |
| NOI | $16.5k | $11.36 |
1,450 SF · lease $17.40/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$235.3K
$205.9K – $274.5K
NOI $16,471 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$215.9K
$188.9K – $251.9K
NOI $15,114 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$414.9K
$363.0K – $484.0K
NOI $29,040 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
Business Placement
Demographics for 37207, TN
38,719
Population
18,698
Households
2.1
Avg Household Size
34
Median Age
33%
College-Educated
88%
High-School Grad
19.3 sq mi
ZIP Area
2,006
Density / Sq Mi
$60,102
Median Household Income
$38,115
Median Earnings
$1,200
Median Rent
$332,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - A two-unit duplex designed for rental use, with pictures available of one side.
Where is this duplex located?
The property is located at 200 Prince 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: Two rental units in one duplex; Photographs provided for one side of the duplex; Tenant occupancy in place; do not disturb
