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6966 Park Dr, 
Lyles, TN 37098

$449,900


Bed


Bath


4,640

Sq Ft


Multi-Family

Active

Listed by

Kaysie Banville

Tammy Johnson

Keller Williams Realty Nashville/Franklin

615-778-1818

Last updated:

June 15, 2025, 07:44 PM

MLS#

2882905

Source:

NASHVILLE

About This Home

6966 Park Dr

This is an exceptional investment opportunity featuring 8 rental units across three separate properties, with significant value add potential. Two tenants vacated when learning of the sale, but the remaining tenants have been in place for years and have a strong payment history. Excellent opportunity to get tenants to market rates! The property offers a mix of unit types to appeal to a wide range of renters. There are two 2-bedroom, 1-bath duplex units, three studio-style efficiency apartments, each with 1 bath, and a house with two 2 bedroom, 1 bath downstairs units. All buildings separately metered! Recent updates include a new septic pump installed in 2024 and HVAC servicing for the triplex completed in December 2024. This property offers a unique opportunity to capitalize on below-market rents and long-term tenants with a strong payment history, making it an ideal investment for those seeking stable cash flow and future growth potential.

Home Facts

Multi-Family

Built in 1994

Price Summary

449,900

$96 per Sq. Ft.

MLS #:

2882905

Last Updated:

June 15, 2025, 07:44 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

4,640 Sq. Ft.


Structure

Structure

Building Area:

4,640 Sq. Ft.

Year Built:

1994


Finances & Disclosures

Finances

Price:

$449,900

Price per Sq. Ft:

$96 per Sq. Ft.

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