For Sale
$425,000

1911 Moran AveNashville, TN 37216

Two-unit apartment building, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This charming East Nashville duplex at 1911 Moran Ave presents a compelling investment opportunity. Built in 1951, this one-story, all-brick building offers 1,281 square feet and boasts a 5.39% cap rate with a net operating income (NOI) of $22,900. The asking price is $425,000, translating to $332 per square foot. The property is zoned RS10 and features two units, each equipped with a bedroom and a bathroom. Unit A showcases hardwood floors in the main living areas and a stacked washer/dryer in the kitchen. Unit B includes an updated kitchen, hardwood floors in the main living areas, and a convenient stacked washer/dryer. A shared attic provides ample storage space, presenting potential for future expansion or conversion into additional living area. Exterior features include a gravel driveway offering open parking. Smoke detectors are installed for safety. This property is ideal for investors seeking a strong return in a desirable East Nashville location (Davidson County, TN, zip code 37216).

Highlights

  • East Nashville duplex investment opportunity, 1,281 sq ft, 5.39% cap rate, $22,900 NOI, $425,000 asking price.
  • All-brick construction, 1951 build, RS10 zoning.
  • Two units, each with one bedroom and one bathroom; hardwood floors; stacked washer/dryer.
  • Shared attic storage; gravel driveway parking.
  • Smoke detectors installed.

Property Details for 1911 Moran Ave

Property type
Apartment buildings
Square Feet
1,281 SF
Year Built
1951
Stories
1
Units
2

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.2074141
Longitude
-86.7112889
1911 Moran Ave, Nashville, Tennessee

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1911 Moran Ave
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