USATNMadisonRainbow Terrace705 Neelys Bend Rd
Listing image | Image 1

705 Neelys Bend Rd, Madison, TN

House

For Sale

Listed price in listed location currency (USD).
$399,000

000

MLS® 3232179

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1612 sqft
Garage 
Taxes $3,497
Days Active 15
Lot Size 
Approx. Age 1982
Avg. Price Per Sqft $247
MLS® Number 3232179

Property Address: 705 Neelys Bend Rd, Madison, TN, 37115

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

Description

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.
MLS® Number3232179
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1982
Basement
Driveway
Garage Spaces
HeatBaseboard
A/CWall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$399,000List Price
  • Commute

Commute

Starting Address
Destination Address
705 Neelys Bend Rd, Madison, TN

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