Residential Income

Madison, TN Residential Income Properties for Sale

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Found 7 residential income property listings for sale in Madison, TN, averaging $208/sq ft. Use valuation data to compare deals faster.
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Three-Level Short-Term Rental Property
Updated: Sep 16
Three-Level Short-Term Rental Property

910 Due West Ave, Madison, TN 37115

$585,000
3,949 sqft
Active short‑term rental on the second level
Private entrances serve the second and main levels
Main level includes three bedrooms and an updated kitchen
Walk‑out basement provides additional separately accessible space
Front and back yards with mature trees and covered outdoor area
View details
Updated Duplex with Separate Meters
Updated: Sep 15
Updated Duplex with Separate Meters

208 A E Palestine Ave, Madison, TN 37115

$390,000
1,612 sqft
Two‑unit duplex with 1,612 SF of building area
Each unit includes 2 bedrooms and 1 full bath
Separate electric, water, and sewer metering supports individual unit utility usage
Fireplaces and washer and dryer connections in both units
Refreshed interiors throughout the residences
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2-Unit Brick Duplex
2-Unit Brick Duplex

640 Bixler Ave, Madison, TN 37115

$350,000
2 units  1,672 sqft  1 building  Built 1983  all-brick

Two separately entered residences include appliances, refreshed interiors, and renovated full bathrooms.

2 x 2BR/1BA
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Two-Unit Duplex with Existing Leases
Two-Unit Duplex with Existing Leases

705 Neelys Bend Rd, Madison, TN 37115

$374,900
2 units  1,612 sqft  Built 1982
Highway access  Road access

Two residential units provide separate occupancy with established lease arrangements and flexibility for an owner-occupant or rental operator.

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Updated Duplex with Rooftop Deck
Updated Duplex with Rooftop Deck

1208 Argle Ave, Madison, TN 37115

$419,900
2,101 sqft  Built 1954

Flexible two-unit layout includes private upstairs access and a separate electric meter.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

208a E Palestine Ave, Madison, TN 37115

$390,000
2 units  1,612 sqft  1 building  Built 1983

Two separately metered residences offer refreshed interiors, fireplaces, and individual washer and dryer connections.

2 x 2BR/1BA
View details
Duplex with Central Air
Duplex with Central Air

634 Anderson Ln, Madison, TN 37115

$365,000
2,000 sqft  Built 1967

Two-unit residential income property with central heating and air conditioning in Madison.

View details
7 active listings match your search: Residential Income for sale in Madison, TN. Based on your search, we've also compiled 11 Potential Opportunities for your consideration: 4 properties in nearby cities, 3 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Gallatin Pike Multifamily Investment Opportunity
Gallatin Pike Multifamily Investment Opportunity

3819 Gallatin Pike, Nashville, TN 37216

East Nashville
$4,750,000
2,364 sqft  Built 1898  1.74 acres

Portfolio of four properties with 28 units and redevelopment potential.

View details
Gallatin Pike Multifamily Investment Opportunity
Gallatin Pike Multifamily Investment Opportunity

3815 Gallatin Pike, Nashville, TN 37216

East Nashville
$4,750,000
2,044 sqft  Built 1907  1.74 acres

Four-lot package with 28 units, development potential in East Nashville.

View details
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.

View details
Updated One-Level Duplex
Updated One-Level Duplex

2721 Penn Meade Dr, Nashville, TN 37214

Donelson - Hermitage - Old Hickory
$549,900
2,872 sqft  Built 1986

The property includes a fenced backyard, driveway parking, and updated HVAC units.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Rare Nashville Land Opportunity
Rare Nashville Land Opportunity

417 Nawakwa Trl, Madison, TN 37115

$799,900
9 acres

9+ acre lot near downtown Nashville with development potential.

View details
Fisk/Meharry Development Opportunity
Fisk/Meharry Development Opportunity

0 12th Ave N, Nashville, TN 37208

North Nashville
$3,000,000

24-unit residential development opportunity in North Nashville's Fisk/Meharry corridor.

View details
Nashville Land Development Opportunity
Nashville Land Development Opportunity

21 N Hill Street, Nashville, TN 37210

South Nashville
$300,000
0.11 acres

RM20 zoned land suitable for two new homes.

View details
Multifamily, Hospitality, Land
Multifamily, Hospitality, Land

1408-1530 Broadway, Nashville, TN 37203

Downtown
Contact for pricing
5.46 acres

Commercial land · 5.46 Acres

View details

Off-Market Properties in Madison, TN

Consider similar Off-Market properties in Madison, 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.

555 Creative Way
HIGH-RISE APARTMENTS

555 Creative Way, Madison, TN 37115-2986

Estimated value:
$350,000
22,231 sqft 2.36 AC lot
View details
600 Creative Way
HIGH-RISE APARTMENTS

600 Creative Way, Madison, TN 37115-2961

Estimated value:
$710,000
38,990 sqft 9.20 AC lot
View details
591 Dupont Ave
HIGH-RISE APARTMENTS

591 Dupont Ave, Madison, TN 37115-3220

Estimated value:
$285,000
5.50 AC lot
View details

Madison, TN Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Madison, TN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 14,558 square feet of properties for sale, with an estimated market value of $2,874,800.

Sale prices for residential investment properties in Madison, TN start at $350,000, averaging $410,685, and reaching up to $585,000 — 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

Multifamily properties 7
Duplexes 6
Short term rental properties 1

Demographics Overview

Population 41K
Population Growth (5Y) +2.0%
Median Household Income $53,034
College Educated 15.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
37115 $412.5K

Taxes & Financing

Tax Rate (average for all types) 3.08%
Property Tax per SF $57.17 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

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