#2789485, Mike Gallagher, Listing Office: Crye-Leike, Realtors
$4,511
closing credit¹
316 Archwood Dr Madison, TN 37115
Property details
About 316 Archwood Dr
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.
Highlights
(Coming Soon / Hold)
Summary
- MLS Number: 2789486
- MLS Name: REALTRAC
- Office Name: Real Property Management Key Response
- Office Phone: (615) 953-8688
- Listing Agent: Jeff Kingsbury
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
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Last updated on: 2/10/2025, 11:48:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of ranch-style house](/homes/listing-images/50513653_S0035/S0035/S0035-R0100/RTC2789486/67a7856c71768b3dbb2f8d75.jpg?version=1739032727&width=640)
$379,900
316 Archwood Dr
$4,511
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 14, 2018 | Home Sold | $330,000 |
Sep 02, 2015 | Home Sold | $167,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $177,240 | $5,767 |
2022 | $177,240 | $4,196 |
2021 | $177,240 | $5,767 |
2020 | $102,320 | $5,827 |
2019 | $102,320 | $3,228 |
2018 | $47,450 | $1,497 |
2017 | $47,450 | $1,065 |
History based on county public records data.
Nearby schools
4
Amqui Elementary School
Public District PK-4
1.1 mi
•319 Anderson Ln
5
Smithson Craighead Academy
Public Charter KG-4
1.4 mi
•730 Neelys Bend Rd
3
Stratton Elementary School
Public District PK-4
1.8 mi
•310 W Old Hickory Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,651. Typical income of Madison, TN residents is less than $<35k annually. The majority of families are single, with kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 316 Archwood Dr
This home is located at 316 Archwood Dr in Madison, TN and zip code 37115 in the Madison neighborhood. This 2,450 square foot home, which was built in 1954, sits on a 0.97 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 8, 2025 and is currently priced at $379,900.