Incredible opportunity to own an income producing property right on the Nashville/Madison border, with easy access to Downtown. This prime corner unit sits in the very popular Niche community. OR-40 zoning creates tons of opportunity with the possibilities to short term rent (AirBNB), use as an office, long term rental or primary residence. This unit has an open first floor living area with half bath, going up to the second floor you'll find one en-suite bedroom with double vanities, tiled shower and another guest room with full bath. Head up to the spacious rooftop deck to enjoy the gorgeous TN weather, early morning coffee or afternoon cocktail!! This home is being sold fully furnished with all appliances to stay! Unit is an active STR with confirmed bookings!!
Closed
$435,000
500 Creative Way #4, Madison, TN 37115
2beds
1,198sqft
Townhouse, Residential, Condominium
Built in 2020
435.6 Square Feet Lot
$397,000 Zestimate®
$363/sqft
$1,760 Estimated rent
Home value
$397,000
$377,000 - $417,000
$1,760/mo
Zestimate® history
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$2,697/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: September 01, 2023 at 05:30am
Listing Provided by:
Caleb Gamblin 615-828-9788,
Parks Compass,
Shawn Booth,
Parks Compass
Bought with:
Melissa King, 340477
Benchmark Realty, LLC
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2555829
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom 1
- Features: Suite
- Level: Suite
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 2
- Features: Bath
- Level: Bath
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Features: Eat-in Kitchen
- Level: Eat-in Kitchen
- Area: 182 Square Feet
- Dimensions: 14x13
Living room
- Area: 182 Square Feet
- Dimensions: 14x13
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Oven, Cooktop
Features
- Ceiling Fan(s), Extra Closets, Storage, Walk-In Closet(s)
- Flooring: Carpet, Laminate, Tile
- Basement: Slab
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,198
- Total interior livable area: 1,198 sqft
- Finished area above ground: 1,198
Property
Parking
- Total spaces: 2
- Parking features: Assigned
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 435.60 sqft
Details
- Parcel number: 051100I00900CO
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Residential, Condominium
- Attached to another structure: Yes
Materials
- Fiber Cement
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Madison
- Subdivision: Niche
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $205 monthly
- Services included: Maintenance Grounds, Pest Control, Trash
- Second HOA fee: $500 one time
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2023 | Sold | $435,000-1.1%$363/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2555829 Report a problem | ||
| 8/7/2023 | Contingent | $439,999$367/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2555829 Report a problem | ||
| 8/7/2023 | Listed for sale | $439,999+39.7%$367/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2555829 Report a problem | ||
| 5/28/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/6/2022 | Listed for rent | $1,995$2/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $175,240 +43.8% |
| 2024 | $3,966 | $121,880 |
| 2023 | $3,966 +60% | $121,880 +60% |
Find assessor info on the county website
Neighborhood: 37115
Nearby schools
GreatSchools rating
- 4/10Chadwell Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Jere Baxter Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Maplewood Comp High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Chadwell Elementary
- Middle: Gra-Mar Middle School
- High: Maplewood Comp High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$397,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$397,000
- Tennessee
- Davidson County
- Nashville
- 37115
- 500 Creative Way Unit 4