Downtown Real Estate Search

Downtown Multi-Family Properties for Sale

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Newest Downtown Multi-Family Homes for Sale

$6,800,000
3531004 MLS ACTIVE Status 37214 Zip Code
Investment Opportunity! Welcome to the Harbor Sixteen Development. A beautifully designed, 16 unit multi-family townhome development, offering a blend of modern features and comfortable living. With carefully curated materials and elevated design touches throughout, Harbor Sixteen brings the quality and aesthetic of higher-end luxury construction to an attainable multi-family investment opportunity. All units boast a three story open floor plan that feature 3-bedrooms, 2.5 to 3.5-bathrooms with a thoughtful layout and premium finishes. Step inside to discover a combination of beautiful natural wood colored durable laminate, elegant hardwood stairs, and plush carpeted bedroom floors, all enhanced by recessed lighting and stylish lighting throughout. The open kitchen is a chef’s dream with stainless steel Energy Star appliances, an electric cooktop and oven, a vented range hood, and a windowed layout that invites natural light. The kitchen also features an island, a breakfast bar, pantry, and more, perfectly designed for entertaining. Enjoy this amazing location situated 10 minutes from BNA, 8 minutes from Elm Hill Marina, and 15 minutes from downtown Nashville. Conveniently located minutes from Donelson restaurants and shopping, 312 Stewarts Ferry Pike offers a versatile lifestyle with everything you need to feel right at home. Schedule your showing today and explore all the possibilities this property has to offer! Property is currently listed to sell all 16 units together as investment properties. Current CAP rate estimates are in the 6%-7% range. Developer/Owner/Agent.

312 Stewarts Ferry Pike, Nashville

$450,000
3513294 MLS ACTIVE Status 37207 Zip Code
Filled with natural light, this beautifully updated mid-century ranch offers over 2,700 square feet of exceptionally flexible living space just minutes from East Nashville and downtown. With two complete living spaces—each with its own kitchen, appliances, private entrance, laundry hookups, and dedicated parking—this home offers a rare opportunity for two distinct households under one roof. Whether used for multigenerational living, long-term guests, an owner-occupied rental setup, or additional income potential, the layout provides remarkable versatility. The main level features an inviting open layout with a wall of windows, quartz countertops, stainless steel appliances, and a charming built-in buffet. The full kitchen and existing appliances remain with the home, making the space move-in ready from day one. The lower level functions as its own independent living space, complete with a second kitchen and included appliances, separate entrance, living area, bedrooms, full bath, laundry hookups, and dedicated rear parking. Recent kitchen improvements include new cabinetry, countertops, bar seating, range hood, and a 220-volt outlet for the range. The current owners have also invested in thoughtful improvements throughout, including electrical upgrades completed by a licensed electrician, sealed HVAC ductwork for improved efficiency, a solar-powered front gate with remote access, and additional pet fencing creating a fully enclosed yard. Located just 12 minutes from East Nashville, 15 minutes from downtown, and adjacent to Parkwood Recreation Center—with the future Bounty Club nearby—this move-in-ready property combines space, flexibility, and income potential in one of Nashville's growing neighborhoods. Two kitchens. Two sets of appliances. Two laundry hookups. Two private entrances. Separate parking. One incredibly versatile property. Free Appraisal and Lender-Paid 1% Rate Reduction in Year One with Preferred Lender.

3117 Greggwood Dr, Nashville

$469,500
3510407 MLS ACTIVE Status 37207 Zip Code
Turnkey, income producing Nashville duplex approximately 3 miles from Downtown. An attractive opportunity for an experienced investor or an owner occupant looking to live in one unit while generating income from the other. Each side offers 2 bedrooms and 1 bathroom, providing two separate living spaces and a flexible 4 bedroom, 2 bath configuration. The property is professionally managed, with established operating systems already in place. One unit operates as a long term rental, while the other has been used as a furnished mid term rental. Preliminary, seller provided 2026 year to date figures report $41,000 in gross income and $30,264 in net operating income. Continue the current strategy or explore other leasing options to suit your investment goals, subject to existing leases, applicable regulations, and required approvals. Conveniently positioned near Ellington Parkway, Dickerson Pike, East Nashville, and Downtown Nashville, the location offers accessibility that helps support continued rental demand. Driveway parking, laundry equipment, and outdoor space add everyday convenience for residents. The appraisal and detailed 2026 YTD as well as 2025 operating statements are available in the MLS Media section. Additional property, lease, and financial information is available upon request. Please do not disturb occupants; all visits must be scheduled and approved in advance. Buyer and Buyer’s agent to independently verify square footage, financial information, expenses, leases, permitted uses, zoning, and all other information material to the purchase. Qualified buyers may be eligible for lender credit toward closing costs when financing through seller's preferred lender; lender terms and eligibility requirements apply. Ask your Realtor for details, or contact listing agent.

151 Dellway Dr, Nashville

$799,000
3306402 MLS ACTIVE Status 37211 Zip Code
Exceptional investment opportunity or luxury owner-occupied residence just 10 minutes from Downtown Nashville, BNA Airport, and Nashville's premier hospitals. This beautifully renovated property offers incredible flexibility with 5 bedrooms and 3 bathrooms, currently configured as a 2-bedroom, 1-bath residence, a Studio Apartment, and a 2-bedroom, 1-bath residence, with the potential to be rezoned as a triplex (buyer to verify) to maximize rental income and return on investment. Thoughtfully updated with high-end finishes throughout, the home features a gourmet kitchen with premium appliances, granite countertops, and an elegant center island. Two newly renovated, spa-inspired bathrooms and beautiful hardwood flooring throughout create a refined, move-in-ready living experience. A dedicated office/music room with a fireplace provides the perfect space for working remotely or pursuing creative passions. Designed for modern living and entertaining, the home includes wall-mounted TVs with Apple TV in every room, a whole-home Sonos audio system controlled from your iPhone, and speakers extending to the covered screened porch and backyard. An electric security gate further enhance comfort and convenience. Outdoor living is equally impressive, featuring a private covered screened porch with TV, a large, shared fenced backyard complete with a fire pit and decorative bridge, creating the perfect setting for relaxing or entertaining year-round. Additional amenities include assigned covered parking spaces, in-unit washer and dryer, and an approximately 750-square-foot unfinished basement, offering exceptional storage or future expansion potential.Recent improvements include a newer roof, windows, HVAC system, screened porch, and extensive interior renovations, providing lasting value and peace of mind.

30 E Thompson Ln, Nashville

$6,500,000
3302436 MLS ACTIVE Status 37203 Zip Code
$500,000 in Earnings |10-Unit Turnkey Long Term or Short-Term Rental | DOWNTOWN NASHVILLE! A rare opportunity to own a fully operational, income-producing short-term rental portfolio in one of Nashville's most desirable downtown-adjacent corridors walkable to the city's top attractions and zoned NOOSTR-permissible for continued STR use through purchase and transfer of the property LLC. This boutique 10-unit development generated $500,000 in rental revenue in 2025, with each of the ten individually designed, three-story townhome-style units offering 2 bedrooms and 2.5 baths, sold fully furnished and ready to generate income from day one. Gated garage parking with secured access and private stairwells to each unit add a level of security and privacy that short-term guests and future buyers pay a premium for. The upside doesn't stop at cash flow. Properties of this type may qualify for significant bonus depreciation, potentially generating substantial first-year tax savings that could help offset a buyer's down payment (buyers should consult their tax advisor to evaluate eligibility and estimate potential benefit based on their specific situation). And for investors thinking beyond STR: these units are well suited to redesign and repositioning as individually sold or leased luxury condos, giving this asset a second exit strategy as the neighborhood continues to appreciate. Approximately 14,568 total square feet. Two parking spaces per unit. A rare blend of immediate income, tax efficiency, and long-term optionality in a west-side Nashville location that continues to command premium demand. The upside doesn't stop at cash flow. Thanks to bonus depreciation available on this asset class, a buyer may qualify for an estimated $1.4M–$1.6M in first-year tax savings, effectively offsetting the down payment (consult your tax advisor to confirm eligibility and benefit based on your specific position).

3203 Long Blvd, Nashville

$495,000
3246536 MLS ACTIVE Status 37217 Zip Code
Duplex on One Acre Near BNA. Situated on a one-acre lot just moments from the Nashville International Airport, this unique duplex offers a blend of residential flexibility and high-impact commercial potential. Whether you are looking for a strategic investment or a creative live-work solution, this property is a blank canvas in a prime location. The property has been well maintained. Roof & gutters 2023. The property is currently zoned CS (Commercial Services), opening the door to an array of versatile uses. Imagine transforming this space into a boutique retail shop, a financial services hub, a hair salon, or even utilizing the acreage for light manufacturing, small warehouse needs, or self-storage. With a Land Use Policy of District Industrial and Conservation, there is also potential for site-specific zoning to accommodate s a small professional or construction office suites—a sector currently seeing a supply shortage across the city. The strategic location is a major draw for businesses requiring quick airport access. On the street some neighboring properties have successfully converted into high-demand uses like airport parking. For the savvy investor, the potential for Non-Owner Occupied Short-Term Rentals (NOO STRs) adds another potential, though all specific uses should be verified with local zoning authorities. For the owner-occupant entrepreneur: live in one side of the duplex while running your business out of the other, all while sitting on an acre of land that provides plenty of room to grow. The property currently has residential tenants, providing immediate utility while you finalize your long-term vision. Don’t miss the chance to secure a foothold in one of Nashville’s most accessible corridors. Explore the possibilities and bring your business dreams to life. Please do not disturb tenants. Thank you.

425 Ezell Pike, Nashville

$2,150,000
3234112 MLS ACTIVE Status 37218 Zip Code
Live in one and generate income from the other. STR pro forma attached. This custom riverfront offering includes two residences with unobstructed, panoramic views of the downtown Nashville skyline and Cumberland River - views that stretch for miles and shift beautifully with every sunset. Expansive walls of glass flood the interiors with natural light and create a seamless connection between the river, the city, and the living spaces. Both homes feature elevators, designer finishes throughout, and multiple private balconies positioned to capture skyline and river views. The kitchens anchor the main living spaces with top-of-the-line appliances, large islands, walk-in pantries, custom cabinetry, and statement lighting. Open-concept layouts offer effortless indoor-outdoor flow, ideal for everyday living and entertaining. Primary suites serve as private retreats with spa-inspired baths, oversized showers, double vanities, walk-in closets, and private balconies. Secondary bedrooms include en-suite baths, with flexible additional rooms suitable for home offices, guest suites, or in-law accommodations. Upper levels are designed for entertaining, featuring wet bars, media or bonus spaces, and oversized balconies with breathtaking views. Additional highlights include gated driveways, private fenced yards, and whole-home audio wiring. Located just minutes from Germantown, Downtown, The Nations, East Nashville, Oracle, and the upcoming Nashville Riverside development. Views. Space. Flexibility. Location.

2118 Cliff Dr, Nashville

$5,499,900
3230275 MLS ACTIVE Status 37203 Zip Code
One of a kind, over 9000 SF, three-unit High Rise Living (THINK LUXURY CONDO LIFESTYLE) in Nashville overlooking Downtown and Midtown just a couple blocks from The Gulch - the ultimate lock and leave opportunity. Unique, four-story, private luxury residences with incredible 270+ degree views of midtown and downtown Nashville from both units. There is nothing like it. 9 total bedrooms, 9 total bathrooms. THE A UNIT is 4511 SF and features a Full-Floor 1215 SF Primary Suite + Office - an ENTIRE FLOOR for the Primary Suite. 4th Floor Living-Kitchen-Dining with sweeping downtown and midtown views and soaring 14' ceilings. Wolf 48" Gas Range with Double Oven. Sub Zero 48" Cabinet Panel Refrigerator. Cabinets from Nashville Modern Cabinetry. See photo descriptions for more information! Commercial Style Elevator with motorized doors to All Four Floors. Floating Monotube Stairs and LED lighting in the Entry, Elevated Decks on Every Level, & 3 Car Garage with storage room. Additional 2nd office or 5th bedroom on the entry level. High-rise condo location with elevated living but includes the space you need for guests and work-at-home with zero maintenance and private parking. THE B UNIT is identical with the same upper 3 floors but has a 2 car garage and without the 5th bedroom. THE C UNIT features a Private, Single Car Garage. Nicely Appointed, with a Full Kitchen, Full Bath, and Laundry. The C unit could make a fantastic additional flex option for a separate in-law suite, nanny, au pair and more. **Seller financing available at 5% interest, inquire for more details**. ASK ABOUT INTEREST RATE BUY DOWN. This could be an amazing rental property for Belmont and Vanderbilt students.

1017 S 12th Ave, Nashville

$575,000
3211798 MLS ACTIVE Status 37206 Zip Code
Charming duplex in a 1920 stone cottage in Historic East Nashville! Thoughtfully renovated while preserving its original character, this home blends vintage charm with modern comfort. Imagine stepping outside your front door and walking to some of East Nashville’s favorite spots. Start the day with coffee at Café Roze, browse records at Vinyl Tap, meet friends for dinner at Schulman’s, or walk right across the street for Korean BBQ at Babo before catching a show at Riverside Revival. Inside, original hardwood floors, tall ceilings, and beautiful natural light create an open, welcoming feel throughout. Renovated kitchens and bathrooms, highlighted by elegant marble tile floors, add a fresh touch while complementing the home’s historic character. One side features a private terrace accessed through exterior French patio doors, perfect for slow mornings with coffee or winding down in the evening. The other side enjoys a lovely front lawn that gives the home a classic neighborhood feel. Configured as a duplex, the property offers flexibility for a variety of buyers. Live in one unit and rent the other, host guests with their own space, or add a character-filled East Nashville property to your investment portfolio. Please note: This property is two separate units with separate meters being sold as a duplex within an HOA and part of an HPR-divided lot. Property is currently being taxed at an investment/commercial rate due to current ownership structure and use. Tax assessment may be reassessed upon transfer of ownership and could potentially decrease for an owner-occupant or non-investment purchaser. Units are currently leased at $1,800/mo and $1,850/mo, and the HOA fee covers the water bill.

1525 Riverside Dr, Nashville

$799,000
3189565 MLS ACTIVE Status 37211 Zip Code
Multi Family or Investor Catch. This Large splendid, lightly updated 8 bed 6 bath 7 car garage home with an attached apartment, and lower studio apartment is an ideal space if you have a large family needing separate space or looking to rent as separate units for cash flow. Home is located in the lovely Whispering Hills subdivision just minutes to Brentwood and 3 minutes to I65. Great property for large families looking for separate space. The home was intended for an RAL, so previous architectural plans for garage conversions into living space available. Approved RAL zoning and permit for up to 16 beds. Home has potential for 9 living spaces and potential rental income of 10k+ a month. Two main homes are attached by private closed hallway. Home comes mostly turnkey and furnished as in pictures with 2 new sets of washer and dryers and new water heaters. Main Bottom level has partly finished studio to be converted, Second addition has the beginnings of another studio featuring a wheel chair elevator going up to top addition. Land has amazing flowers and herb garden, two large, paved driveways with large parking area in back. Peaceful mature neighborhood. This property has all the potential you can think of. Could also make a great Veteran Care Housing property. Property is currently being rented as mid-term rental, please do not disturb tenants. Come see this amazing and unique property and make it your dream come to life.

5007 Millerwood Dr, Nashville

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.