151 Dellway Dr, Nashville, TN 37207

Sqft
1,368

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Listed byeXp Realty
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Overview

Income producing duplex just 3 miles from Downtown Nashville offering strong in place returns, proven rent growth, and long term upside. Each unit features 2 bedrooms and 1 bathroom, creating a flexible setup for investors or owner occupants looking to offset their mortgage with rental income.

The property is fully leased and professionally managed, making it a true turnkey opportunity from day one. Current financials show $40,800 in gross income and approximately $38,400 net operating income, with consistent performance driven by location and demand. During current ownership, rents have increased significantly and still show room for future growth.

One unit previously operated as a short term rental and has since been converted to long term, offering optionality for future use depending on investment strategy. Whether your focus is stable cash flow, mid term rentals, or revisiting short term potential, the layout supports multiple paths.

Positioned just off Ellington Parkway between Dickerson Pike and East Nashville, the property provides a quick and convenient commute to Downtown, helping drive tenant demand and long term stability.

Listed below last appraisal using the income method, creating a compelling opportunity for investors seeking immediate returns with built in equity potential. Prior appraisal is available on request.

Situated on a deep lot in an established neighborhood with no HOA, this property combines location, income, and flexibility in one of Nashville’s most accessible and consistently performing rental corridors.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
1
Square feet
1,368
Lot size (acres)
0.50
Year built
1949

Interior features

Laundry
Electric Dryer Hookup, Washer Hookup

Exterior features

Horse amenities
Stable

Utilities

Heating
Electric, Central
Cooling
Electric, Central Air

Taxes

Tax Annual Amount
$5,644

Public schools

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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®#: 3154879 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.