1405 Highland Ave, Columbia, TN 38401
- Sqft
- 2,051
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 2
- Square feet
- 2,051
- Year built
- 1936
Interior features
- Laundry
- Electric Dryer Hookup, Washer Hookup
Utilities
- Heating
- Natural Gas, Wall Furnace
- Cooling
- Wall/window unit(s)
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount
- $2,340
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Realtracs MLS®#: 3251108 Last checked: …
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.