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  • $285,000

    116 Margaret St, Madison, TN 37115

    4beds
    2baths
    1,572sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $283,000 Zestimate®
    $181/sqft
    $1,872 Estimated rent

    Owner options

    List your home for rent

    $1,872/mo

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    $1,872/mo

    Rent Zestimate®

    Refinance and save

    $1,630/mo

    Est. payment

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    $1,630/mo

    Est. payment

    What's special

    Welcome to 116 Margaret Street, a versatile duplex located on a cul-de-sac in the vibrant community of Madison, TN. This two-unit 1,572-square-foot property presents a unique opportunity for savvy investors or those seeking a house-hacking strategy by living in one unit and renting the other. With two bedrooms and one bath on each side, this home offers ample space and flexibility. Outside, a generous driveway provides plenty of parking space for each side. Madison's ongoing revitalization, highlighted by the groundbreaking of Madison Station later this year, positions this property as an attractive investment. Secure your piece of Madison now, while prices remain accessible, and watch as the surrounding area flourishes with new developments and community improvements. Don't miss out on this prime opportunity to own a property with endless potential. Multiple offers received.

    Zillow last checked: 8 hours ago

    Listing updated: March 20, 2025 at 01:19pm

    Listing Provided by:

    Rachael Kimbler 615-481-1206,

    Compass RE

    Bought with:

    Miguel Calvo, 288788

    The Realty Association

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2787825MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Radiant
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Individual, Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Carpet, Wood, Laminate
    • Has fireplace: No
    Interior area
    • Total structure area: 1,572
    • Total interior livable area: 1,572 sqft
    • Finished area above ground: 1,572

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway, Gravel
    • Uncovered spaces: 6
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.34 Acres
    • Dimensions: 100 x 150
    Details
    • Parcel number: 05201016100
    • Zoning: RS5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available

    Community & neighborhood

    Location
    • Region: Madison
    • Subdivision: B H & M Franklin

    HOA & financial

    Other financial information
    • Total actual rent: 0
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    Estimated market value
    $283,000