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Under contract - showing
  • $800,000

    470 Highway 70, Pegram, TN 37143

    3beds
    2baths
    4,408sqft
    : 
    Multi Family
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $181/sqft
    $-- HOA

    What's special

    Baseboard heatingWindow ac units
    **Multiple Offers received.** Investor opportunity in the heart of Downtown Pegram, less than 30 minutes driving to downtown Nashville. Across from Pegram Park, this unique property includes two residential buildings, each with four units, situated on a spacious 1-acre lot. The unit mix includes five 2-bedroom units (554 sqft) and three 1-bedroom units (546 sqft), with two units featuring washer/dryer hookups. Each building operates on its own septic tank, while a shared water meter services both. All units have window AC units and baseboard heating (some of which need replacing). Electrical inspections were passed and stairs were lifted in 2024. With ample income potential and the possibility to build an additional structure on the lot, this property is ideal for investors looking to expand their portfolio. Don't miss this rare chance to own a multi-unit asset with growth opportunity just a few miles from Nashville. Up to 1% lender credit on the loan amount when buyer uses Seller's Preferred Lender. Property to be sold as-is.
    35 days
    on Zillow
    |
    69
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 12, 2025 at 07:52am

    Listing Provided by:

    Gary Ashton 615-301-1650,

    The Ashton Real Estate Group of RE/MAX Advantage 615-301-1631,

    Shaun Sternklar 615-437-4420,

    The Ashton Real Estate Group of RE/MAX Advantage

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2929772MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: None
    Features
    • Flooring: Carpet, Wood, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 4,408
    • Total interior livable area: 4,408 sqft
    • Finished area above ground: 4,408
    Video & virtual tour

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Dimensions: 155 x 278 x 146 x 305.16
    Details
    • Parcel number: 092M A 01901 000
    • Zoning: MUL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Leaves Apartments
    HOA
    • Has HOA: No
    Location
    • Region: Pegram

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $291,600
    • Annual tax amount: $3,112
    • Date on market: 7/9/2025
    • Inclusions: Appln
    • Total actual rent: 0
    • Tenant pays: Electricity
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