**Multiple Offers received.** Investor opportunity in the heart of Downtown Pegram, less than 30 minutes driving to downtown Nashville. Across from Pegram Park, this unique property includes two residential buildings, each with four units, situated on a spacious 1-acre lot. The unit mix includes five 2-bedroom units (554 sqft) and three 1-bedroom units (546 sqft), with two units featuring washer/dryer hookups. Each building operates on its own septic tank, while a shared water meter services both. All units have window AC units and baseboard heating (some of which need replacing). Electrical inspections were passed and stairs were lifted in 2024. With ample income potential and the possibility to build an additional structure on the lot, this property is ideal for investors looking to expand their portfolio. Don't miss this rare chance to own a multi-unit asset with growth opportunity just a few miles from Nashville. Up to 1% lender credit on the loan amount when buyer uses Seller's Preferred Lender. Property to be sold as-is.
Closed
$810,000
470 Highway 70, Pegram, TN 37143
3beds
--baths
4,408sqft
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$184/sqft
$3,377 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 22, 2025 at 01:25pm
Listing Provided by:
Gary Ashton 615-301-1650,
The Ashton Real Estate Group of RE/MAX Advantage,
Shaun Sternklar 615-437-4420,
The Ashton Real Estate Group of RE/MAX Advantage
Bought with:
Justin Short, 353958
At Home Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2929772
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Flooring: Carpet, Wood, Vinyl
Interior area
- Total structure area: 4,408
- Total interior livable area: 4,408 sqft
- Finished area above ground: 4,408
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
- Stories: 2
Lot
- Dimensions: 155 x 278 x 146 x 305.16
Details
- Parcel number: 092M A 01901 000
- Zoning: MUL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Location
- Region: Pegram
- Subdivision: Leaves Apartments
HOA & financial
Other financial information
- Total actual rent: 0