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316 Archwood Dr Madison, TN 37115
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Key Details
Sold Price $395,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $161
Subdivision Archwood Acres
MLS Listing ID 2789486
Sold Date 04/25/25
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1954
Annual Tax Amount $5,767
Lot Size 0.970 Acres
Acres 0.97
Lot Dimensions 91 X 365
Property Sub-Type Single Family Residence
Property Description
Great duplex in Madison with an excellent cap rate for today's market. Brought in $3200 per month combined rent when both units were last occupied. Unit A: Ready to move in but could use some attention and freshening up/ updates. Hardwood floors through the front half of the home. Fresh paint. HVAC unit replaced in 2023 and under warranty. Unit B: Currently occupied with a long term good paying tenant. This unit was updated with a recent renovation and is in great shape. LVP floors. Both sides feature decks facing the backyard. Very large lot with great future development potential. 2 level storage shed included with sale. Could be an income producing investment or live in one side and rent the other.
Location
State TN
County Davidson County
Rooms
Main Level Bedrooms 6
Interior
Interior Features Ceiling Fan(s)
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric
Flooring Wood, Laminate, Tile, Vinyl
Fireplace N
Appliance Electric Oven, Dishwasher, Refrigerator
Exterior
Exterior Feature Storage Building
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Lot Description Rolling Slope
Story 1
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Amqui Elementary
Middle Schools Madison Middle
High Schools Hunters Lane Comp High School
Others
Senior Community false
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