AbodeABODE

151 Covington Ln

Dickson, TN 37055

151 Covington Ln , Dickson, TN 37055 — exterior front view
151 Covington Ln , Dickson, TN 37055 — exterior view
151 Covington Ln , Dickson, TN 37055 — exterior view

151 Covington Ln

Dickson, TN

$789,900

ActiveMLS #RTC3008963

151 Covington Ln

Dickson, TN 37055·county

$789,900

Reduced $10,000

List Price

Studio

Layout

5,491

Sq Ft

$144

/ Sq Ft

About This Property

STABILIZED MIXED-USE | COMMERCIAL ZONING | CASH FLOWING Currently generating ~$7,900/month gross income with 5 of 6 income streams occupied. Income breakdown: 4 renovated 2BR / 1.5BA apartments at $1,600 each ($6,400 total) 2,700 sq ft warehouse/commercial space leased at $1,500 Separate garage/storage unit vacant with ~$389 monthly potential At full occupancy gross reaches ~$8,289/month, exceeding the 1% rule at the current $789,900 price and supporting strong 8–10%+ cap rates. Tenants p...

Property Details

Key Facts

Overview
Property TypeResidential Income
BedroomsStudio
Square Feet5,491
Price / Sq Ft$144
Days on Market290
Building
StyleOther
Year Built1983
Lot Size5.1
CountyDickson County, TN
HeatingCentral
CoolingCentral Air
FlooringCarpet, Laminate
Garage Spaces2
IncludedAppliances
ExteriorBrick
RoofShingle
Garage Spaces2
Parking Spaces12
WaterPrivate
SewerSeptic Tank
Lot Dimensions5.1
MLS #RTC3008963
Days on Market290
List DateApril 4, 2025
StatusActive
Annual Taxes$3,349
Listing Courtesy OfRealty One Group Music City

Price reduced

$789,900

$4,000

Mar 16, 2026

Price reduced

$793,900

$1,500

Mar 12, 2026

Price reduced

$795,400

$1,500

Mar 3, 2026

Price reduced

$796,900

$1,500

Feb 19, 2026

Price reduced

$798,400

$1,500

Feb 12, 2026

Listed for sale

MLS #RTC3008963

$799,900

Oct 2, 2025

Mortgage Estimate

$4,273

/month
Principal & Interest
$3,994
Property Taxes
$279
20% · $157,980
6.5%

Location

county · 151 Covington Ln , Dickson, TN 37055

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Listing data is provided in part by RealTracs MLS. Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 RealTracs Solutions. All rights reserved.

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