206 E Palestine Ave

For Sale

206 E Palestine Ave, Madison, TN 37115

This Madison property for sale is located at 206 E Palestine Ave. The current listed sale price for 206 E Palestine Ave is $1,950,000. 206 E Palestine Ave is situated on a lot that is 0.2 acre in size.

Contacts

Edward Klem

Coldwell Banker Southern Realty

Property Details

  • Property Type Other
  • Lot Size 0.2 Acre
  • Year Built 1983
  • Date Updated May 15, 2026
This once in a lifetime offerings is for 10 units covering over 3 buildings. All units are currently rented and have been renovated. Also new roofs recently done and each unit has separate utility meters to lower owner cost. Super upside exists to increase rents plus 2 units currently approved via VA/VASH housing program increasing rents to $1550.00. Excellent location with close proximity to major highways, approximately 7 miles to downtown Nashville, Vanderbilt Medical and so much more. New shopping center coming to Madison as well. First floor residents have covered porch while second floor residents have outside deck. Plenty of parking and exception yard space as well. Make up each building will be 4 per building and 2 units in one other building. Each unit has wood burning fireplace, spacious kitchen and inside laundry hookups, also a very rare feature for units in the area. 5 seperate property id's means you can sell of each duplex if desired at a later time but this property is generating excellent returns with only more to come in the future.
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Getting around

  • 60/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 29/100

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Location

  • City Madison, TN
  • Zip Code 37115

Points of Interest

  • Hermitage

    7.30 miles

  • Mapco gas station

    0.92 miles

  • Kroger Fuel

    0.96 miles

  • Shell

    1.06 miles

  • BP

    2.28 miles

  • Exxon

    2.34 miles

  • Kroger

    2.84 miles

  • Mapco

    3.41 miles

  • RaceWay

    3.56 miles

  • ChargePoint

    4.58 miles

  • eVgo

    5.00 miles

  • Outbound Lot

    4.21 miles

  • Inbound Lot

    4.56 miles

  • Tractor Parking

    4.62 miles

  • Relay Lot

    4.63 miles

  • The Hermitage

    5.99 miles

  • Uncle Bud's Catfish, Chicken, & Such

    6.04 miles

  • Lot E

    6.31 miles

  • Lot F

    6.36 miles

  • Lot G

    6.42 miles

  • Fontanel Mansion

    6.43 miles

  • Spark by Hilton Nashville - Opryland

    1.91 miles

  • Fairfield Inn & Suites Nashville at Opryland

    1.92 miles

  • Best Western Suites near Opryland

    1.98 miles

  • Courtyard - Nashville at Opryland

    2.03 miles

  • Residence Inn Nashville at Opryland

    2.05 miles

  • Comfort Inn

    2.11 miles

  • Hampton Inn & Suites Nashville at Opryland

    2.13 miles

  • Hyatt Place Nashville/Opryland

    2.16 miles

  • Country Inn & Suites, Nashville

    2.20 miles

  • Holiday Inn Express & Suites Nashville-Opryland

    2.24 miles

  • El Paraiso Supermercado Y Carniceria

    0.82 miles

  • Kroger

    0.94 miles

  • ALDI

    0.94 miles

  • Walmart Neighborhood Market

    1.08 miles

  • Rivergate Supermercado

    2.50 miles

  • Walmart Supercenter

    2.68 miles

  • TJ Maxx

    3.36 miles

  • Opry Mills

    3.36 miles

  • Piggly Wiggly

    3.46 miles

  • Target

    4.06 miles

Contact Listing Broker
Edward Klem

Coldwell Banker Southern Realty

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