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Listing Detail - Nashville Home and Farms

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Gallatin, TN 37066 131 E Park Ave

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Presented By: Epique Realty;
  • MLS# 3163851
  • 03/27/2026
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 1,550

Home Details

Income-producing duplex in Gallatin with leases in place through May 31. This renovated 1940s property offers two 1 bed / 1 bath units (approx. 775 sq ft each), providing immediate rental income and long-term upside. Short-term, mid-term, and long-term rental are all great options here. Each unit features updated kitchens and baths, original hardwood floors, and stainless steel appliances. Washer and dryer included in Unit A. Ample private parking and a partially fenced backyard add to overall tenant appeal. The property’s character, natural light, and proximity to everyday conveniences contribute to strong rental demand. Located just minutes from Publix, local coffee shops, restaurants, and Gallatin’s historic downtown square, this location supports consistent tenant interest and retention. Extensive 2021 renovations include new windows and blinds, updated electrical and plumbing systems, new central HVAC, and a firewall added in the attic between units. Roof replacement estimated circa 2015. Recent 2025 improvements include new flashing where porch roof meets house (front and back). Unit B updates include a renovated bathroom with tile shower and flooring, new kitchen flooring, and mudroom improvements including new flooring and subfloor. HVAC unit setting rebuilt. Lease Information: Unit A: $1,300/mo through May 31, 2026. Unit B $1,285/mo through May 31, 2026. Do not disturb tenants. Seller will refresh both units after tenants move out and an open house will tentatively take place the first weekend of June. Buyer to verify all pertinent information. Please see MLS Listing #3163970 for Residential Listing. *Preferred Lender: Lending Hand is offering $3000 Lender Credit & Free Appraisal!
Presented By: Epique Realty;

Interior Features for 131 E Park Ave

Other Interior Features

LivingAreaSourceOwner
Above Grade Finished Area1550
Above Grade Finished Area SourceOwner
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area SourceOwner
Below Grade Finished Area Unit TypeSquare Feet
FlooringWood, Vinyl
Heating Y/NYes
Laundry FeaturesIndividual, Electric Dryer Hookup, Washer Hookup

General for 131 E Park Ave

Attached Garage No
Building Area UnitsSquare Feet
Buyer FinancingConventional, FHA, VA
CityGallatin
Construction MaterialsFrame, Vinyl Siding
CoolingElectric
CountySumner County, TN
DirectionsFrom the Square in Gallatin at the intersection of Main Street and Water Ave, head south on S Water Ave. Drive .5 mile. Turn left onto Park Ave. Duplex is on the right.
Elementary SchoolVena Stuart Elementary
Garage Spaces
Garage Y/NNo
Gross Income31020
HeatingNatural Gas
High SchoolGallatin Senior High School
LevelsOne
Living Area1550
Living Area UnitsSquare Feet
Lot Size UnitsAcres
Middle/Junior High SchoolRucker Stewart Middle
Net Operating Income26972
New ConstructionNo
Number Of Units Total2
Open Parking Spaces4
Operating Expense4048
OwnerPaysTrash Collection, Water
PossessionImmediate
Property Attached Y/NYes
Property TypeResidential Income
Rent IncludesTrash Collection, Water
RoofAsphalt
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameSunset View
Tax Annual Amount1570
Tenant PaysElectricity, Gas, Other
Total Actual Rent2585
UtilitiesElectricity Available, Natural Gas Available, Water Available
Year Built1949
Year Built DetailsExisting
ZoningR-10

Exterior for 131 E Park Ave

Building Area Total1550
Covered Spaces
InclusionsAppliances
Lot Dimensions50 X 144 IRR
Parking FeaturesGravel, Shared Driveway
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Vena Stuart Elementary
High School Gallatin Senior High School
Middle School Rucker Stewart Middle

Anthony Martin

Agent | Owner
Price $385,000
MLS#3163851
List Date 03/27/2026
Property Type Multi-Family
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Request Info
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