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$345,000

For Sale

10 hours ago

1405 Highland Ave, Columbia, TN

House

MLS® 3251108

0 Bed

0 Bath

2051 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2051 sqft
Garage 
Taxes $2,340
Days Active 0
Lot Size 
Approx. Age 1936
Avg. Price Per Sqft $168
MLS® Number 3251108

Property Address: 1405 Highland Ave, Columbia, TN, 38401-3773

Average square foot calculated using Size range provided by listing agent.

Description

1405 Highland Ave is a centrally located stone triplex that blends historic character with proven investment performance. Located just steps from Columbia’s thriving Arts District, the property is walkable to downtown restaurants, coffee shops, boutiques, and local favorites, positioning it in one of the city’s most desirable high-traffic corridors. This commercially zoned property (CD-3) has operated as a consistent cash-flowing rental for years and offers both stability and future upside. Last appraised at $375, 000 in 2023, the property presents an excellent opportunity for investors seeking a workforce-grade rental with value-add potential through strategic cosmetic improvements and finish upgrades. The property currently has two vacant units available for showing, while Unit #1 is occupied by a long-term legacy tenant on a month-to-month lease. Capital improvements include approximately $30, 000 in foundation work completed in 2021, new water heaters installed in 2024, and updated flooring in Unit #2 completed in 2021. Seller is open to creative purchase structures including seller financing and lease-to-own terms for qualified buyers.
MLS® Number3251108
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1936
Basement
DrivewayGravel, Parking Lot
Garage Spaces
HeatNatural Gas, Wall Furnace
A/CWall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 26, 2026List Date
$345,000List Price
  • Commute

Commute

Starting Address
Destination Address
1405 Highland Ave, Columbia, TN

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