**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.
Under contract - showing
$800,000
470 Highway 70, Pegram, TN 37143
3beds
2baths
4,408sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$181/sqft
$-- HOA
What's special
Baseboard heatingWindow ac units
- 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#: 2929772

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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