705 Neelys Bend Rd
Madison, TN
$384,900
705 Neelys Bend Rd
Madison, TN 37115·Rainbow Terrace
$384,900
Reduced $14,100List Price
Studio
Layout
1,612
Sq Ft
$239
/ Sq Ft
About This Property
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 appr...
Property Details
Key Facts
Price reduced
$384,900
−$14,100
Jul 6, 2026
Listed for sale
MLS #RTC3232179
$399,000
May 22, 2026
Mortgage Estimate
$2,238
/monthLocation
Rainbow Terrace · 705 Neelys Bend Rd , Madison, TN 37115
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705 Neelys Bend Rd , Madison, TN 37115
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12-month market analysis for Rainbow Terrace
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