#2796992, Sheree Qualls, Listing Office: Benchmark Realty, LLC
6966 Park Dr Lyles, TN 37098
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
Summary
- MLS Number: 2780457
- MLS Name: REALTRAC
- Office Name: Keller Williams Realty Nashville/Franklin
- Listing Agent: Kaysie Banville
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: 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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$559,900
6966 Park Dr
$6,649
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property 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.
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.
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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.