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Sold on 12/10/2024
  • Exterior
  • Bath
  • Bedroom
  • Other
  • Kitchen

209 E Webster St, Madison, TN 37115

  • $533,000

    Last sold 12/10/2024 for $510K

  • —

    bed

  • —

    bath

  • 2,046

    Sqft ($249/Sqft)

Multi-family not for sale
Movoto is helping 10 homebuyers near you

About 209 E Webster St

Property type Multi-family
Neighborhood
Year built 1982
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
SVN Accel Commercial Real Estate is pleased to present a rare Investment opportunity to own Three 4 units in Nashville. 4 Unit building is part of a 12 unit portfolio. Prefer to sell 5144 & 5152 Linbar Dr (MLS #2640792) & (MLS #2640794) together as 8 units. 209 E Webster is included in the portfolio and can be sold separately. Commercially Zoned OR20. Building has been professionally maintained and managed by a local property manager. Units are all 1 bed 1 bath, separate utilities, tenants pay all utilities. 10yr old metal roof, newer LVP flooring, new paint, water heaters, designated parking spaces in the back. Window AC units for cooling, baseboard heating. Market rent is $975 / unit, currently below market. Light value add opportunity to increase rents & maximize income. All tenants are on annual leases. Located in the growing Madison neighborhood. Property occupancy rate has been near 100% since acquisition. See attached brochure for more info on the portfolio opportunity.
Listed by
Listing Agent - Jake Clark
Listing Agent Contact: 6155680167
Listing Office - SVN Accel Commercial Real Estate
Source: RealTracs mls logo
MLS#2640789 • last updated 1 year ago
Movoto checked RealTracs for data 8 minutes ago
Overview
Cooling/AC Wall/Window Unit(s)
Heating Baseboard
Levels/Style Quadruplex, One, 2
Type Residential Income
MLS # 2640789
Living Area 2046, Square Feet
Property Tax $ 2529
Year Built 1982, EXIST
Interior
Flooring Laminate
Exterior
Roof Metal
# Open Parking Spaces 4
# Parking Spaces 4
Amenities / Utilities
Water Source Public
Utilities Water Available
Sewer/ Septic Public Sewer
Security Features Smoke Detector(s)
Location
Subdivision Montague
Elementary School Stratton Elementary
High School Hunters Lane Comp High School
Middle School Madison Middle
Directions Gallatin Pike N, Turn Left Onto E Webster St, Property Is On The Left.
Zoning OR20
APN 14802010800
Multifamily Details
# of Units Total 4
Net Operating Income 35806
Total Actual Rent 2575
Annual Gross Income 35806
$533K
Range: $495K-$570K
Last 30 days 
Rental est.: $925/month
Gross rent multiplier: 45.9
  • Dec 2024
    mls logo MLS # 2640789
  • Dec 11, 2024 Active
    —
  • Nov 8, 2024 Price Change
    $554,999 (-3.5%)
  • Aug 30, 2024 Price Change
    $574,999 (-3.4%)
  • Jul 19, 2024 Price Change
    $594,999 (-0.8%)
  • May 6, 2024 Listed
    —
  • Apr 29, 2024 Active
    —
  • Apr 9, 2024 Coming Soon
    $599,999
  • 209 E Webster St
    $510K
  • Heron Walk
    $365K 0% y/y
  • 37115
    $363K -7% y/y
  • Madison
    $363K -7% y/y
No chart available
Statistics calculated by Movoto

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  • Skip staging and repairs
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3/10
Stratton Elementary School
public Grades PK, K-5
Davidson County
3/10
Madison Middle Prep
public Grades 6-8
Davidson County
2/10
Hunters Lane Comp High School
public Grades 9-12
Davidson County
Source: GreatSchools.org © 2026. All rights reserved.

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