515 Donald Ave Goodlettsville, TN 37072

This all-brick duplex in Goodlettsville, Tennessee offers a compelling investment opportunity. Situated on Donald Avenue in a quiet, established neighborhood, this property provides convenient access to shopping and Interstate 65. The 1,350 square foot property, built in 1966, consists of two units: a one-bedroom, one-bathroom unit and a two-bedroom, one-bathroom unit. Each unit features separate electric and water meters, simplifying utility management. Currently rented on month-to-month leases, this property generates a Net Operating Income (NOI) of $10,800, resulting in a 2.77% capitalization rate. The asking price is $389,900, translating to $194,950 per unit and $288.81 per square foot. The property is zoned residential (Res) and presents a solid foundation for a stable rental income stream. This is an excellent opportunity for investors seeking a turnkey multifamily investment in a desirable location. The property's location and existing tenancy make it an attractive option for immediate cash flow and long-term appreciation potential.