2504 Highland Trace Dr, Nashville, TN 37207

$369,900
1,664
SqFt

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List Price
$369,900
Status
ACTIVE
Days on Market
0
MLS#
3547811
Subtype
Residential Income
Year Built
1984
Living Area
1,664
Subdivision
Highland Trace

Property Description

Investment opportunity in Nashville with two income-producing units, tenants in place, and meaningful rental upside. Priced at $369,900, 2504 Highland Trace Dr currently generates $1,700 per month, with one long-term tenant paying $800/month on a month-to-month agreement and the second paying $900/month with a lease through April 2027. Both tenants are open to staying, offering an investor immediate rental continuity from day one. Current rents have historically been kept below area rental levels, creating an opportunity for future income growth as leases allow. For buyers looking to house hack, the month-to-month tenancy also provides potential future flexibility to occupy one side while generating income from the other. Qualified owner-occupants may also be eligible for 100% conventional financing with no PMI through select lending programs. Convenient access to Briley Parkway, Whites Creek Pike and major Nashville corridors adds to the property's long-term rental appeal. Whether you're adding to an existing portfolio, completing a 1031 exchange or purchasing your first two-unit investment, this property offers immediate income, tenant stability and future upside, all under $370,000. Buyer and buyer's agent to independently verify lease terms, rental information, financing eligibility and future rental projections.

Additional Information

Zoning
R8
Exterior Construction
Vinyl Siding
Stories
2
Elementary School
Alex Green Elementary
Middle School
Brick Church Middle School
High School
Whites Creek High

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Calculator source: Real Geeks

Listing courtesy of Compass RE.

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