$559,900

6966 Park Dr Lyles, TN 37098

$6,649
Closing credit¹
4,640 sqft
$121 / sqft
House

Property details

About 6966 Park Dr

This is an exceptional investment opportunity featuring 8 rental units across three separate properties, with significant value add potential. Two tenants vacated when learning of the sale, but the remaining tenants have been in place for years and have a strong payment history. Excellent opportunity to get tenants to market rates! The property offers a mix of unit types to appeal to a wide range of renters. There are two 2-bedroom, 1-bath duplex units, three studio-style efficiency apartments, each with 1 bath, and a house with two 2 bedroom, 1 bath downstairs units. All buildings separately metered! Recent updates include a new septic pump installed in 2024 and HVAC servicing for the triplex completed in December 2024. This property offers a unique opportunity to capitalize on below-market rents and long-term tenants with a strong payment history, making it an ideal investment for those seeking stable cash flow and future growth potential.

Highlights

Home typeOther
HeatingCentral
StatusActive
CoolingCentral Air
Size4,640 sqft
Year built1994
MLS #2780457

Summary

  • MLS Number: 2780457
  • MLS Name: REALTRAC
  • Office Name: Keller Williams Realty Nashville/Franklin
  • Listing Agent: Kaysie Banville

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

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.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 8:18:49 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 front of house featuring covered porch and a storage unit

$559,900

6966 Park Dr

$6,649

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$27,600$781
2022$27,600$781
2021$22,225$644
2020$22,225$629
2019$22,225$629
2018$22,225$622

History based on county public records data.

Nearby schools

5

East Hickman Intermediate School

Public District 3-5

1.2 mi

5198 E Eagle Dr

6

Stuart Burns Elementary School

Public District PK-5

9.9 mi

3201 Highway 96

6

Oakmont Elementary School

Public District PK-5

10.1 mi

630 Highway 46 S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,095. Residents of Lyles, TN typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

33%
<35k
59%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

32%
Single, No Kids
14%
Single, with Kids
30%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Monster TrucksMonster Trucks
  • NASCARNASCAR

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • ChevroletChevrolet
  • GMCGMC

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 6966 Park Dr

This home is located at 6966 Park Dr in Lyles, TN and zip code 37098. This 4,640 square foot home was built in 1994. Features: 0 bathroom. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $559,900.

While more than 0 listings in Lyles, TN in February 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. Between January and February 2025, Lyles, TN real estate market has seen increase in the number of listings by 33.3%. The median list price of listings available in February 2025 was $312,500, while the average time on the real estate market was 164 days.

From Rocket Homes Real Estate and based on county public records data.

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