Two-Unit
For Sale
$384,900
2536 Glenrose Ave, Nashville, TN 37210
Both units have active rental arrangements, including one month-to-month tenancy and one lease through 12/31/26.
Property Size1,518 SF
Price / SF$253.56
Days on Market86
Property Features for 2536 Glenrose Ave
General Information
Standard status
Active
Size
1,518 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1970
Listing Agency:
Synergy Realty Network, LLC
Listed By:
Tyler C. King
(615) 371-2424
Source:
Fiddletreerealty
Added: Jul 27
Changed: Oct 6
Last Checked: Oct 19 at 9:54AM
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 Synergy Realty Network, LLC
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Investment Insights
Based on property information with market context.
This 1,518-square-foot duplex was built in 1970 and contains two residential units. Unit A is occupied under a month-to-month lease, while Unit B is subject to a lease ending 12/31/26. The existing lease structure provides a combination of near-term flexibility and defined occupancy for the property.
The property is located at 2536 Glenrose Ave in Nashville’s Woodbine/Glencliff corridor. The surrounding context includes ongoing redevelopment, with access to downtown Nashville, Berry Hill, Wedgewood-Houston, GEODIS Park, major interstates, shopping, restaurants, and entertainment. Its residential income configuration and established rental arrangements make it suitable for continued duplex ownership or inclusion in a multifamily portfolio.
The property is located at 2536 Glenrose Ave in Nashville’s Woodbine/Glencliff corridor. The surrounding context includes ongoing redevelopment, with access to downtown Nashville, Berry Hill, Wedgewood-Houston, GEODIS Park, major interstates, shopping, restaurants, and entertainment. Its residential income configuration and established rental arrangements make it suitable for continued duplex ownership or inclusion in a multifamily portfolio.
Key Highlights
- Two‑unit duplex totaling 1,518 SF
- Built in 1970
- Unit A is leased month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,243
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,860
$344.9K
Cap Rate 7%
$246,329
$246.3K
Cap Rate 9%
$191,589
$191.6K
Market Conditions
NOI Build-Up for 1,518 SF
Gross rent
$26.4K $17.40/SF
− Vacancy
−$1.8K −$1.17/SF
EGI
$24.6K $16.23/SF
− OpEx
−$7.4K −$4.87/SF
NOI
$17.2K $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%
$344,860
Cap Rate 7%
$246,329
Cap Rate 9%
$191,589
Alternative Uses
Best Use
Multifamily LT 5
$246.3K
$215.5K – $287.4K
NOI $17,243 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$226.0K
$197.8K – $263.7K
NOI $15,823 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$386.4K
$338.1K – $450.9K
NOI $27,051 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Explore this area
Business Placement
Demographics for 37210, TN
17,134
Population
9,201
Households
1.9
Avg Household Size
32
Median Age
32%
College-Educated
85%
High-School Grad
9.3 sq mi
ZIP Area
1,842
Density / Sq Mi
$43,343
Median Household Income
$36,815
Median Earnings
$1,250
Median Rent
$334,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both units have active rental arrangements, including one month-to-month tenancy and one lease through 12/31/26.
Where is this duplex located?
The property is located at 2536 Glenrose Ave Nashville, TN.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,518 SF; Built in 1970; Unit A is leased month‑to‑month
