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$374,900

Listing Price

4beds

2baths

1,612sqft

10,019sqft lot

705 Neelys Bend Rd, Madison, TN 37115

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Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1982

Year built

Home Details

Great opportunity to own an income-producing duplex in the growing Madison submarket of Nashville! Located at 705-707 Neelys Bend Rd, this property offers immediate upside with one unit currently rented thru 5/21/27 paying $1,125/mo. while the other side is occupied on a month-to-month lease at $995/month (under market), creating flexibility for investors or owner-occupants. The property provides strong potential for increased cash flow through rental adjustments, updates, or long-term hold appreciation as Madison continues to see steady redevelopment and investment activity. Conveniently positioned near Ellington Parkway, Rivergate, and downtown Nashville, the location offers easy access to shopping, restaurants, parks, and major commuter routes. Duplex properties with built-in income and value-add potential remain in high demand throughout the Nashville market. Whether youre looking to expand your rental portfolio, house hack with one side vacant, or secure a stable investment in a growing area, this property presents multiple opportunities. Strong rental demand and continued neighborhood growth make this an attractive addition for both seasoned and first-time investors alike. Property being sold as-is.

Interior Details

Square Feet
  • 1612

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 10019

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Duplex Single

Exterior
  • Brick

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Other (not Classified)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,682

$8,000

$45,320

--%

$53,320

2018

$1,682

$8,000

$45,320

--%

$53,320

2017

$1,682

$8,000

$45,320

--%

$53,320

2015

$1,549

$6,400

$33,080

--%

$39,480

2015

$1,549

$6,400

$33,080

--%

$39,480

2013

$1,837

$6,400

$33,080

--%

$39,480

2012

$1,837

$8,000

$37,480

--%

$45,480

percent-home-icon

Average Home Price in 37115

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$374,900

4 Beds

2 Baths

1,612 Sqft

10,019 Lot (sqft)

Sold 10/05/2026

$--

4 Beds

2 Baths

1,550 Sqft

12,632 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
374,900
$
Down payment
74,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,249.4
$
HOA (Monthly)
0
$
PMI
0
$
$2,427
Your Payment
Total Monthly Payment:$2,427
Percent of Income:42%
Affordable:No

Details for 705 NEELYS BEND RD

Property Debt

Foreclosure Contact Details

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