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705 Neelys Bend Rd, 
Madison, TN 37115

$399,000


Bed


Bath


1,612

Sq Ft


Multi-Family

Active

Listed by

Tyler C. King

Synergy Realty Network, LLC.

615-371-2424

Last updated:

June 22, 2026, 02:24 PM

MLS#

3232179

Source:

NASHVILLE

About This Home

705 Neelys Bend Rd

Great opportunity to own an income-producing duplex in the growing Madison submarket of Nashville! Located at 705-707 Neelys Bend Rd, this property offers immediate upside with one unit currently rented thru 5/21/27 paying $1,125/mo. while the other side is occupied on a month-to-month lease at $995/month (under market), creating flexibility for investors or owner-occupants. The property provides strong potential for increased cash flow through rental adjustments, updates, or long-term hold appreciation as Madison continues to see steady redevelopment and investment activity. Conveniently positioned near Ellington Parkway, Rivergate, and downtown Nashville, the location offers easy access to shopping, restaurants, parks, and major commuter routes. Duplex properties with built-in income and value-add potential remain in high demand throughout the Nashville market. Whether you’re looking to expand your rental portfolio, house hack with one side vacant, or secure a stable investment in a growing area, this property presents multiple opportunities. Strong rental demand and continued neighborhood growth make this an attractive addition for both seasoned and first-time investors alike. Property being sold as-is.

Home Facts

Multi-Family

Built in 1982

Price Summary

399,000

$247 per Sq. Ft.

MLS #:

3232179

Last Updated:

June 22, 2026, 02:24 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

1,612 Sq. Ft.


Structure

Structure

Building Area:

1,612 Sq. Ft.

Year Built:

1982


Finances & Disclosures

Finances

Price:

$399,000

Price per Sq. Ft:

$247 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.