2504 Highland Trace Dr, Nashville, TN 37207
- $369,900
- 1,664
- SqFt
- List Price
- $369,900
- MLS#
- 3547811
- Days on Market
- 0
- Property Type
- Multifamily
- Sqft. of Residence
- 1,664
- County
- Davidson County
- Status
- COMING SOON / HOLD
Property Description
Investment opportunity in Nashville with two income-producing units, tenants in place, and meaningful rental upside. Priced at $369,900, 2504 Highland Trace Dr currently generates $1,700 per month, with one long-term tenant paying $800/month on a month-to-month agreement and the second paying $900/month with a lease through April 2027. Both tenants are open to staying, offering an investor immediate rental continuity from day one. Current rents have historically been kept below area rental levels, creating an opportunity for future income growth as leases allow. For buyers looking to house hack, the month-to-month tenancy also provides potential future flexibility to occupy one side while generating income from the other. Qualified owner-occupants may also be eligible for 100% conventional financing with no PMI through select lending programs. Convenient access to Briley Parkway, Whites Creek Pike and major Nashville corridors adds to the property's long-term rental appeal. Whether you're adding to an existing portfolio, completing a 1031 exchange or purchasing your first two-unit investment, this property offers immediate income, tenant stability and future upside, all under $370,000. Buyer and buyer's agent to independently verify lease terms, rental information, financing eligibility and future rental projections.
Additional Information
- Construction Type
- Vinyl Siding
- Cooling System
- Wall/Window Unit(s)
- Elementary School
- Alex Green Elementary
- Floor Types
- Vinyl
- Heating System
- Baseboard
- High School
- Whites Creek High
- Junior High School
- Brick Church Middle School
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Living Area
- 1,664
- Lot Dimensions
- 73 X 129
- Number Of Stories
- 2
- Sewer System
- Public Sewer
- Subdivision
- Highland Trace
- Tax Amount
- $3,520
- Water Source
- Public
- Year Built
- 1984
- Zoning
- R8
- Type
- Multifamily
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Listing courtesy of Compass RE.
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