Charming Remodeled Cottage with Income Potential, Barn Garage & Entertainer’s Dream Deck Welcome to this beautifully remodeled 3-bedroom, 2-bath cottage, where comfort meets opportunity. Updated in 2019, this home features an expansive open-concept kitchen and living area—perfect for gatherings, hosting, or simply relaxing in style. A spacious Master suite with private bath separate from the other bedrooms make it a relaxing area. The large living space opens to a generous deck, ideal for entertaining under the stars or enjoying peaceful outdoor mornings. . Located in the heart of Madison, this home is minutes from Downtown & 15 min. to Opry Mills mall & Opryland Hotel. You can also enjoy grabbing some coffee at Madtown Coffee a minute away and walking convenience to many other restaurants and shopping near by! Sitting on a spacious lot with lots of potential, this property includes a two-story barn-style garage—a fantastic opportunity to convert into additional work space, suite, studio, or a man cave/she shed. This home also holds an active Airbnb certificate and enjoys a strong booking history, currently paying for itself—making it an incredible income-generating investment from day one. Whether you’re an investor, a host, or a homeowner seeking charm and future growth, this property is brimming with potential. Agents/Buyers to confirm all information. . Preferred Lender offering $3000 credit + free appraisal. Call Cecilia Verissimo with NEXA mortgage 615-782-1688
Closed
$390,000
404 Elm St, Madison, TN 37115
3beds
1,216sqft
Single Family Residence, Residential
Built in 1946
9,583.2 Square Feet Lot
$388,800 Zestimate®
$321/sqft
$1,965 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 01:43pm
Listing Provided by:
William (Bill) C. Britt 615-681-5857,
Exit Real Estate Solutions
Bought with:
Kevin Rose, 362650
Elam Real Estate
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2824957

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Bedroom 1
- Features: Full Bath
- Level: Full Bath
- Area: 198 Square Feet
- Dimensions: 18x11
Bedroom 2
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 3
- Area: 110 Square Feet
- Dimensions: 11x10
Dining room
- Features: Combination
- Level: Combination
- Area: 130 Square Feet
- Dimensions: 13x10
Kitchen
- Area: 180 Square Feet
- Dimensions: 15x12
Living room
- Features: Combination
- Level: Combination
- Area: 374 Square Feet
- Dimensions: 22x17
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Range, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Open Floorplan, High Speed Internet
- Flooring: Carpet, Laminate
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,216
- Total interior livable area: 1,216 sqft
- Finished area above ground: 1,216
Property
Parking
- Total spaces: 3
- Parking features: Detached, Driveway
- Garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Fencing: Chain Link
Lot
- Size: 9,583 sqft
- Dimensions: 50 x 200
- Features: Level
Details
- Additional structures: Storage Building
- Parcel number: 04313038000
- Special conditions: Standard
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence, Residential
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Cable Connected
Community & neighborhood
Location
- Region: Madison
- Subdivision: Forest Park
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$388,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$388,800