Great duplex investment opportunity in desirable Madison neighborhood. Large, spacious units. Both units currently rented. Upstairs unit has attached garage with plenty of additional parking for downstairs unit. Units have dedicated electric meters; they share a water meter. Both units have laundry hookups - downstairs washer/dryer remains with property. No current renting restrictions in the area - keep it a long term rental or Airbnb. Upstairs unit rented below market. Make offers contingent upon viewing the interior. Please do not disturb tenants.
Multi-familyProperty Type
1950Year Built
0.68 acresLot Size
$158Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Ashley Bosshart• Benchmark Realty, LLC
Contact: 6159477931
Bought with Therese Winnington• T. Lewis Real Estate & Design, LLC
LARGE HOME WITH IN-LAW APARTMENT DOWNSTAIRS. GARAGE AND ADDITIONAL PARKING. LIVE UPSTAIRS AND RENT THE DOWN STAIRS. GREAT INVESTMENT PROPERTY - CURRENT TENANT UPSTAIRS FOR $1100 A MONTH ON A MONTH-TO-MONTH NO LEASE.
REALTRACS as Distributed by MLS Grid #1278594
Mar 12, 2012
Listing Removed
—
May 27, 2011
Listed
$144,900
$52/sq ft
REALTRACS as Distributed by MLS Grid #1278599
Mar 12, 2012
Listing Removed
—
May 27, 2011
Listed
$144,900
$52/sq ft
Public Records
Aug 19, 2008
Sold
$135,000
$49/sq ft
Public Records
Sep 1, 1991
Sold
$50,000
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,652 (+33.2%)
$54,880 + $110,440
$165,320
2024
$3,492
$27,600 + $79,720
$107,320
2023
$3,492
$27,600 + $79,720
$107,320
2022
$3,492 (−1.0%)
$27,600 + $79,720
$107,320
2021
$3,529 (+32.7%)
$27,600 + $79,720
$107,320
2020
$2,659 (+33.8%)
$12,520 + $50,480
$63,000
2019
$1,988
$12,520 + $50,480
$63,000
2018
$1,988
$12,520 + $50,480
$63,000
2017
$1,987 (+6.2%)
$12,520 + $50,480
$63,000
2016
$1,871 (+60.0%)
$12,520 + $50,480
$63,000
2015
$1,169
$10,000 + $37,680
$47,680
2014
$1,169
$6,250 + $23,550
$29,800
Tax history for 923 Neelys Bend Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,652 (+33.2%)
$54,880 + $110,440
$165,320
2024
$3,492
$27,600 + $79,720
$107,320
2023
$3,492
$27,600 + $79,720
$107,320
2022
$3,492 (−1.0%)
$27,600 + $79,720
$107,320
2021
$3,529 (+32.7%)
$27,600 + $79,720
$107,320
2020
$2,659 (+33.8%)
$12,520 + $50,480
$63,000
2019
$1,988
$12,520 + $50,480
$63,000
2018
$1,988
$12,520 + $50,480
$63,000
2017
$1,987 (+6.2%)
$12,520 + $50,480
$63,000
2016
$1,871 (+60.0%)
$12,520 + $50,480
$63,000
2015
$1,169
$10,000 + $37,680
$47,680
2014
$1,169
$6,250 + $23,550
$29,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
1
Lot width
146 ft.
Lot depth
275 ft.
Lot size
0.68 Acres
Year renovated
1950
Sq. Ft.
2,768
Year built
1950
Style
Multi-Family (2-4 Unit)
County
Davidson County
APN
05207001200
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
RS10
Single-Family Districts
Designed for relatively low to moderate intensity single-family development, these districts are appropriate for implementing the residential low-medium policies of the general plan. These districts may also be appropriate within selected areas of natural conservation policy, with urban services. The RS20 and RS15 districts may be applied along edges of areas classified within residential low density policy that have suitable physical characteristics and good street access.