202A E Palestine Ave
Madison, TN 37115
Heron Walk- 4 Beds
- 2 Baths
- 1,612 sqft
4 Beds
2 Baths
1,612 sqft
Local Information
-- mins to
Description
One of 5 duplex units creating 10 full units completely rented and always rented. This is investors dream with instant revenue stream. Currently posting a NOI over $133k per year and that will only increase. Some rents under market and 2 units increasing rent by $248 per month. All of this with super low expenses as all units on separate utility meters. All units are 2-bedroom 1 bath units and recently remodeled as well. Each unit features a wood burning fireplace and believe it or not, washer and dryer inside the unit as well. Great setup to properties as occupants have either a downstairs patio or second floor deck. Owner recently replaced roofs plus finished other repairs and updates for this sale. Less than 8 miles from downtown, 3 miles to Opry Mall and just seconds to new shopping district.
Home Highlights
Parking
4 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$242
Listed
100 days ago
Home Details for 202A E Palestine Ave
|
|---|
MLS Status: Under Contract - Showing |
|
|---|
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 1612 Square Feet |
Appliances & Utilities Utilities: Water AvailableLaundry: Individual,Electric Dryer Hookup,Washer Hookup |
Heating & Cooling Heating: BaseboardHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Windows, Doors, Floors & Walls Flooring: Laminate |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Laminate |
View No View |
|
|---|
Exterior Home Features Roof: ShingleNo Private Pool |
Parking & Garage Open Parking Spaces: 4No GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Asphalt |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1612 Square Feet |
|
|---|
Days on Market: 100 |
|
|---|
Year Built Year Built: 1983 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: DuplexArchitecture: Duplex |
Building Construction Materials: Brick, FrameNot a New ConstructionAttached To Another Structure |
Property Information Included in Sale: No FurnishingParcel Number: 05108020300 |
|
|---|
Price List Price: $390,000Price Per Sqft: $242 |
Status Change & Dates Possession Timing: Close Of Escrow |
|
|---|
Direction & Address City: MadisonCommunity: Bailey |
School Information Elementary School: Stratton ElementaryJr High / Middle School: Madison MiddleHigh School: Hunters Lane Comp High School |
|
|---|
Listing Agent Listing ID: 3173152 |
|
|---|
Building Area Building Area: 1612 Square Feet |
|
|---|
Not Senior Community |
|
|---|
No HOA |
|
|---|
Lot Area: 7644 sqft |
|
|---|
Special Conditions: Standard |
|
|---|
Contingencies: Inspection |
|
|---|
Expense Tenant Pays: Electricity, Water |
|
|---|
Mls Number: 3173152Zillow Contingency Status: Under ContractAttribution Contact: 6159471188Above Grade Unfinished Area: 1612 |
Last check for updates: about 3 hours ago
Listing Provided by: Edward Klem, (615) 947-1188
Coldwell Banker Southern Realty, (615) 465-3700
Source: RealTracs MLS as distributed by MLS GRID, MLS#3173152

Also Listed on RealTracs MLS as distributed by MLS GRID.
Market trends in Nashville
Last updated June 2026
Avg. sale price
$458K
$15.33KMoM
Sale-to-List Price
98.6%
0.4%MoM
Price per sq ft
$275
$4MoM
Available listings
4648
107MoM
Price History for 202A E Palestine Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 07/06/2026 | $390,000 | Contingent | RealTracs MLS as distributed by MLS GRID #3173152 |
| 04/11/2026 | $390,000 | Listed For Sale | RealTracs MLS as distributed by MLS GRID #3173152 |
Similar Homes You May Like
New Listings near 202A E Palestine Ave
Comparable Sales for 202A E Palestine Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Multi-Family Home | $255,000 | 09/25/25 | 4 | 2 | 1,575 | |
0.83 | Multi-Family Home | $326,000 | 07/08/26 | 4 | 2 | 1,550 | |
0.60 | Multi-Family Home | $365,000 | 04/14/26 | 8 | 2 | 1,888 | |
0.74 | Multi-Family Home | $600,000 | 01/08/26 | 8 | 2 | 3,700 | |
2.01 | Multi-Family Home | $315,000 | 07/10/26 | 4 | 2 | 1,550 | |
2.28 | Multi-Family Home | $399,000 | 03/17/26 | 4 | 2 | 1,526 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 202A E Palestine Ave.
What Locals Say about Heron Walk
At least 37 Trulia users voted on each feature.
79 % Say yards are well-kept
78 % Say car is needed
71 % Say parking is easy
68 % Say it's dog friendly
60 % Say kids play outside
56 % Say it's quiet
49 % Say they plan to stay for at least 5 years
48 % Say there's wildlife
48 % Say there's holiday spirit
47 % Say neighbors are friendly
38 % Say it's walkable to grocery stores
37 % Say people would walk alone at night
33 % Say streets are well-lit
27 % Say there are sidewalks
26 % Say it's walkable to restaurants
17 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Edward Klem, Coldwell Banker Southern Realty, (615) 465-3700
Agent Phone: (615) 947-1188

Based on information submitted to the MLS GRID as of 2026-07-20 11:48:35 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
202A E Palestine Ave, Madison, TN 37115 is a 4 bedroom, 2 bathroom, 1,612 sqft multi-family built in 1983. 202A E Palestine Ave is located in Heron Walk, Madison. This property is currently available for sale and was listed by RealTracs MLS as distributed by MLS GRID on Apr 11, 2026. The MLS # for this home is MLS# 3173152.

