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$479,900
38 Days On Site

151 Dellway Dr
Nashville, TN 37207

For Sale|Duplex|Active
0
Beds
0
Total Baths
1,368
SqFt
$351
/SqFt
1949
Built
Subdivision:
Joywood Heights
County:
Davidson
Call Now: (615) 819-1996
Is this the listing for you? We can help make it yours.
(615) 819-1996
151 Dellway Dr151 Dellway Dr151 Dellway Dr151 Dellway Dr
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Monthly Payment (Est.)

$2,190
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Income producing duplex just 3 miles from Downtown Nashville offering strong in place returns, proven rent growth, and long term upside. Each unit features 2 bedrooms and 1 bathroom, creating a flexible setup for investors or owner occupants looking to offset their mortgage with rental income. The property is fully leased and professionally managed, making it a true turnkey opportunity from day one. Current financials show $40,800 in gross income and approximately $38,400 net operating income, with consistent performance driven by location and demand. During current ownership, rents have increased significantly and still show room for future growth. One unit previously operated as a short term rental and has since been converted to long term, offering optionality for future use depending on investment strategy. Whether your focus is stable cash flow, mid term rentals, or revisiting short term potential, the layout supports multiple paths. Positioned just off Ellington Parkway between Dickerson Pike and East Nashville, the property provides a quick and convenient commute to Downtown, helping drive tenant demand and long term stability. Listed below last appraisal using the income method, creating a compelling opportunity for investors seeking immediate returns with built in equity potential. Prior appraisal is available on request. Situated on a deep lot in an established neighborhood with no HOA, this property combines location, income, and flexibility in one of Nashville’s most accessible and consistently performing rental corridors.

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Listing Snapshot
Price 
$479,900
Days On Site 
38 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,368 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1949
MLS® Number 
3154879
Status 
Active
Property Tax 
$5,644
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Levels 
One
Number Of Stories 
1
Parking 
DrivewayGravel
Parking Spaces 
6
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1368
SqFt Total 
1368
Utilities 
Electricity AvailableWater Available
Water Source 
Public
Zoning 
Rs10
Interior Features
Cooling 
Central AirElectric
Flooring 
WoodTileVinyl
Heating 
CentralElectric
Laundry Features 
Electric Dryer HookupWasher Hookup
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Exterior Features
Roof 
Shingle
View 
City
Waterview 
City
Schools
School District
Unknown
Elementary School
Tom Joy Elementary
Middle School
Jere Baxter Middle
High School
Maplewood Comp High School
Listing courtesy of eXp Realty

Listings courtesy of Realtracs as distributed by MLS GRID



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Neighborhood & Commute
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