Multifamily

Hermitage, TN Multifamily Properties for Sale

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Duplex with Private Entrances
Updated: Sep 26
Duplex with Private Entrances

536 Raleigh Dr, Hermitage, TN 37076

$450,000
1,325 sqft
1,325‑square‑foot duplex in Hermitage
One side is vacant; the other is leased
Separate driveways and private entrances
Single‑level layout with brick exterior
Kitchen includes white cabinetry, granite countertops, and stainless steel appliances
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Updated Two-Unit Duplex
Updated: Jul 29
Updated Two-Unit Duplex

301 Andrew Jackson Pl, Hermitage, TN 37076

$349,999
2,072 sqft
2,072‑square‑foot duplex with two residential units
Unit 301 upstairs and Unit 303 downstairs
Both units currently rented
New LVP flooring installed throughout both units
Vinyl blinds added in both units
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Duplex with Central Air
Duplex with Central Air

1004 Rachels Square Dr, Hermitage, TN 37076

$359,900
2,000 sqft  Built 1985

Income-producing residential property with central HVAC and a 1985 construction date.

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3 active listings match your search: Multifamily for sale in Hermitage, TN. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

16-Unit Townhome Apartment Building
16-Unit Townhome Apartment Building

312 Stewarts Ferry Pike, Nashville, TN 37214

Donelson - Hermitage - Old Hickory
$6,800,000
16 units  24,876 sqft  Built 2026

Three-story homes offer three bedrooms, open kitchens, and stainless steel appliances.

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Duplex with Central Air
Duplex with Central Air

208 Rayon Dr, Old Hickory, TN 37138

$412,900
1,243 sqft  Built 1930
Highway access  Road access

A gravel driveway and parking area serve the property.

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Side-by-Side Duplex
Side-by-Side Duplex

300 Tyne Blvd, Old Hickory, TN 37138

$299,900
2 units  2,458 sqft  1 building

Two matching units feature split-level layouts with bedrooms above and living areas and kitchens below.

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Renovated Multifamily Community in Nashville
Renovated Multifamily Community in Nashville

2425 Atrium Way, Nashville, TN 37214

Donelson - Hermitage - Old Hickory
$15,375,000
Built 1985

Newly renovated 123-unit multifamily community in Nashville, Tennessee.

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Off-Market Properties in Hermitage, TN

Consider similar Off-Market properties in Hermitage, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4042 Shurgard Way
HIGH-RISE APARTMENTS

4042 Shurgard Way, Hermitage, TN 37076-3411

Estimated value:
$2,100,000
65,424 sqft 8.57 AC lot
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Hermitage, TN Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Hermitage, TN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,397 square feet of properties for sale, with an estimated market value of $1,159,899.

Sale prices for multifamily properties in Hermitage, TN start at $349,999, averaging $386,633, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3

Demographics Overview

Population 38K
Population Growth (5Y) -2.1%
Median Household Income $74,555
College Educated 51.8%

High-Yield Neighborhoods for Investment

Identify Hermitage submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
37076 $359.4K

Taxes & Financing

Tax Rate (average for all types) 2.92%
Property Tax per SF $58.99 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

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