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Active
  • $550,000

    240 Lanier Dr, Madison, TN 37115

    4beds
    --baths
    2,472sqft
    : 
    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $222/sqft
    $-- HOA

    What's special

    Multi-family Investment property featuring a classic triplex with three spacious 1BR/1BA units, plus a detached 1BR/1BA cottage unit. Located in Madison with easy access to Nashville with nearby shopping and dining in Inglewood, East Nashville and the Rivergate area. 2 laundry locations are set up for tenant use, there are 2 garage bays and plenty of parking. All units are rented with 3 units having tenants that have been there more than 3 years. PLEASE do not disturb tenants or go on the property without an appointment.
    14 days
    on Zillow
    |
    221
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 15, 2025 at 09:11am

    Listing Provided by:

    Brian Bequette 615-294-6910,

    Sneaky Ninja, Inc. 615-294-6910

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2974754MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 240 Lanier Dr.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area, Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Carpet
    Interior area
    • Total structure area: 2,472
    • Total interior livable area: 2,472 sqft
    • Finished area above ground: 2,112
    • Finished area below ground: 360

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage Faces Rear
    • Attached garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: Three Or More
    • Stories: 3
    Lot
    • Size: 0.29 Acres
    • Dimensions: 75 x 166
    Details
    • Parcel number: 04314008400
    • Zoning: multi fam
    • Special conditions: Owner Agent

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Wood Siding
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available

    Community & HOA

    Community
    • Subdivision: Madison
    HOA
    • Has HOA: No
    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $222/sqft
    • Tax assessed value: $340,100
    • Annual tax amount: $4,267
    • Date on market: 8/15/2025
    • Inclusions: Appliances
    • Total actual rent: 3735
    • Tenant pays: Electricity
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