4008 Hutson Ave, Nashville, TN 37216
- $900,000
- 3,024
- SqFt
- List Price
- $900,000
- MLS#
- 2986863
- Days on Market
- 327
- Property Type
- Multifamily
- Sqft. of Residence
- 3,024
- County
- Davidson County
- Status
- ACTIVE
Property Description
Discover a rare chance to own two duplexes side by side (four units total) in the highly desirable Inglewood neighborhood of East Nashville. Just minutes from Downtown Nashville, tenants enjoy quick access to major employers, restaurants, Five Points and entertainment, ensuring strong rental demand year-round. Listing is for 4008 & 4010 Hutson Ave. At the current performance, the property delivers a solid 5% CAP RATE. Rent for three of the four units are under market. With some light updates for three of the units, investors can unlock a minimum of 7% CAP RATE. This all brick turn-key investment opportunity is unique in balance of stability and upside making the asset an ideal addition for both seasoned investors and those seeking their first Nashville rental portfolio. East Nashville continues to experience strong appreciation fueled by population growth, limited housing supply, and ongoing infrastructure improvements. With immediate income, simple value-add potential, and long-term market growth, this offering represents a rare turnkey opportunity in one of Nashville’s hottest rental corridors. This one will go fast!! Do not bother tenants.
Additional Information
- Construction Type
- Brick
- Cooling System
- Central Air
- Elementary School
- Hattie Cotton Elementary
- Floor Types
- Carpet, Laminate, Vinyl
- Heating System
- Central
- High School
- Maplewood Comp High School
- Junior High School
- Gra-Mar Middle School
- Laundry
- Individual, Electric Dryer Hookup, Washer Hookup
- Living Area
- 3,024
- Lot Dimensions
- 100 X 300
- Number Of Stories
- 1
- Roofing Material
- Asphalt
- Sewer System
- Public Sewer
- Subdivision
- Goodwin
- Tax Amount
- $4,130
- Water Source
- Public
- Year Built
- 1983
- Zoning
- RES
- Type
- Multifamily
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Listing courtesy of Compass.
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