USATNGallatin530 Spencer Ave
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530 Spencer Ave, Gallatin, TN

Real Estate

Sold

Listed price in listed location currency (USD).
$285,000
$300,000

000

MLS® 2981289

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Approx. Age 1920
MLS® Number 2981289

Property Address: 530 Spencer Ave, Gallatin, TN, 37066-3624

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

Description

Multiple offers received. Please submit your highest and best offers with a minimum deadline of Sunday, 8/31, at 5:00 PM. Immediate Investment Opportunity! Multi-unit property in Gallatin! 530 Spencer Ave presents a rare opportunity to own three income-producing units across two homes, with long-term tenants already in place for more than three years each. The main house, originally built in 1920, is divided into two units. The lower unit, 530A, offers approximately 1, 150 square feet with two bedrooms, one bathroom, a large living room, and a separate dining area. The upper unit, 530B includes one bedroom, one bathroom, and a bonus room. In addition to the main house, the property also features a detached single-family home at 213 Factory Street, estimated at around 800 square feet, which includes two bedrooms and one bathroom. Recent upgrades add to the appeal of this investment, with new roofs installed on all buildings in May 2021. The property benefits from a stable rental history, solid tenant base, and valuable multi-unit flexibility, offering both consistent cash flow and strong long-term appreciation potential. For investors seeking a property with proven performance, this is a unique opportunity to expand or start a rental portfolio in a desirable location. Up to 1% lender credit if buyer uses Seller's Preferred Lender.
MLS® Number2981289
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Sep 10, 2025End Date
$285,000Sold Price

Sold

Aug 21, 2025List Date
$300,000List Price
Sep 10, 2025End Date
$285,000Sold Price

Sold

Aug 12, 2025List Date
$300,000List Price
  • Commute

Commute

Starting Address
Destination Address
530 Spencer Ave, Gallatin, TN

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