Madison Real Estate Search

Madison Multi-Family Properties for Sale

Our website features the best real estate search for multi-family properties available in Madison and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Madison real estate market? Sign up for a  Madison Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Madison Multi-Family Homes for Sale

$390,000
3542967 MLS ⋅ ACTIVE Status ⋅ 37115 Zip Code
Public Remarks: Excellent opportunity to add a strong income-producing duplex to your investment portfolio in the growing Madison market! Priced at $390,000, this updated property offers two separately metered units, each featuring two bedrooms, one full bath, a fireplace, washer and dryer connections, and refreshed interiors designed for comfortable, low-maintenance living. Current rents range from approximately $1,350 to $1,550 per unit, providing combined potential gross rental income of $32,400 to $37,200 annually. With reported annual expenses below $7,500, the property offers an attractive income profile with additional upside as area rents continue to strengthen. Separate water and sewer meters help simplify management by allowing tenants to be responsible for their individual usage. The location adds even more value—less than eight miles from downtown Nashville and only minutes from the Grand Ole Opry, Opry Mills, shopping, dining and major commuter routes. Madison is also experiencing significant new investment, including the planned Madison Station mixed-use development featuring new residences, retail, office space, childcare and community gathering areas. Whether you are expanding an established portfolio or purchasing your first multifamily property, this duplex combines updated interiors, desirable individual-unit features, separate utilities and a convenient Nashville-area location. Opportunities offering this combination of price, income and long-term neighborhood potential are increasingly difficult to find. Buyer and buyer’s agent to verify all property information, rents, expenses, measurements, development plans and other information deemed important.

208A E Palestine Ave, Madison
$439,900
3524682 MLS ⋅ ACTIVE Status ⋅ 37115 Zip Code
Hard-to-find duplex offering flexibility, updates, and investment potential in a great location! With excellent curb appeal and a well-built, well-cared-for property, this home can function as a duplex or single-family residence. Major recent improvements include a new roof, fascia and soffit, gutters, and windows. Situated on a spacious 1/3-acre lot with mature trees, the property also features a huge front porch, large rooftop deck, and plenty of room to create additional outdoor living or entertaining spaces. The current layout offers a 3-bedroom, 1-bath unit downstairs and a 2-bedroom, 1-bath unit upstairs, making it an excellent option for house hacking, multi-generational living, or a traditional rental investment. The upstairs unit features its own separate entrance and electric meter, providing added privacy and flexibility. Inside, you'll find durable LVP and tile flooring along with newer stainless steel appliances. Whether you're looking for an income-producing property, a live-in investment, or a unique single-family home with plenty of space, 1208 Argle Ave offers a combination of versatility and potential that's increasingly hard to find.

1208 Argle Ave, Madison
$275,000
3515161 MLS ⋅ ACTIVE Status ⋅ 37115 Zip Code
1309 A and B Pierce Rd Madison TN. Renovated duplex in a great location in Madison with new hardy board siding, roof, decking, insulation and gutters (2024). Great looking. This duplex is part of a quad. The left side is for sale. 1309 A on the first floor. 1309B on the second floor. There is a really large front yard and parking in the rear. The interior is in good condition. The upstairs unit has brand new flooring, kitchen cabinets, new appliances and a renovated bathroom with a new double vanity. There is a nice view from the front of the units. The upstairs unit has deck with room for a barbecue and one can see really pretty trees in the distance. There are two newer water heaters, laundry hookups in each unit and a new stove and refrigerator upstairs. LVP flooring on the bottom unit and brand new LVP flooring upstairs. Central heating and air recently serviced. Everything works. The bottom unit is occupied. The upstairs unit was recently vacated and completely renovated. Top unit can be shown. We are re listing the property as it was unlisted due to road repairs on Pierce Rd.

1309A Pierce Rd, Madison
$400,000
3512858 MLS ⋅ ACTIVE Status ⋅ 37115 Zip Code
Receive a special rate incentive or closing cost credit with seller’s suggested lender! Investment Opportunity in a Prime Location! This versatile duplex is conveniently located just minutes from the heart of Madison and Goodlettsville, under 20 minutes from downtown Nashville, with easy access to Old Hickory Lake. Whether you're looking for a multi-generational living arrangement or an investment property, this home offers flexibility and potential in a highly desirable location. Recent renovations include: interior paint, both kitchen countertops, both bathrooms completely redone, new siding, new gutters, new water heater, and a roof that is only 4 years old. Each unit features its own living room, kitchen, two bedrooms, and full bathroom, providing comfortable and functional living spaces with privacy between units. The spacious covered front porch creates a welcoming outdoor gathering space, while the fenced backyard offers room to relax, entertain, or enjoy time outdoors. With two complete living units, a convenient location, and easy access to Nashville and Old Hickory Lake, this duplex is a fantastic opportunity for investors or buyers looking for flexible living options!

211 Archwood Dr, Madison
$2,350,000
3309104 MLS ⋅ ACTIVE Status ⋅ 37115 Zip Code
The Liberty Lane Collective at 244 and 252 Liberty Lane presents a rare opportunity to acquire a fully entitled 3.18-acre residential development in the heart of one of Middle Tennessee's fastest-growing corridors. Approved for 51 residential units, this shovel-ready Specific Plan (SP) development is strategically positioned just minutes from the transformative $450 million Rivergate Mall Master Planned Community and surrounded by multiple large-scale redevelopment projects that are reshaping Madison's future.The approved plan includes 37 townhomes and 7 attached duplex buildings (51 total units), offering the flexibility to pursue build-to-rent, for-sale, or short-term rental investment strategies. Designed with today's residents in mind, the community features a dedicated clubhouse complete with co-working spaces, fitness center, and gathering areas to create a true neighborhood atmosphere. Infrastructure advantages include public utilities already serving the property, 109 approved on-site parking spaces, and the preservation of a historic dry-stack stone wall that adds unique character to the development. Located less than 15 miles from Downtown Nashville, this site offers convenient access to major employment centers while benefiting from the tremendous public and private investment transforming the Rivergate and Madison area. With entitlements already in place, The Collective allows developers to bypass the lengthy zoning process and move directly toward construction in one of the region's most promising growth corridors. Opportunities to acquire a development-ready project of this scale in such a high-growth location are becoming increasingly scarce.

244 Liberty Ln, Madison
$374,900
3232179 MLS ⋅ ACTIVE Status ⋅ 37115 Zip Code
Great opportunity to own an income-producing duplex in the growing Madison submarket of Nashville! Located at 705-707 Neelys Bend Rd, this property offers immediate upside with one unit currently rented thru 5/21/27 paying $1,125/mo. while the other side is occupied on a month-to-month lease at $995/month (under market), creating flexibility for investors or owner-occupants. The property provides strong potential for increased cash flow through rental adjustments, updates, or long-term hold appreciation as Madison continues to see steady redevelopment and investment activity. Conveniently positioned near Ellington Parkway, Rivergate, and downtown Nashville, the location offers easy access to shopping, restaurants, parks, and major commuter routes. Duplex properties with built-in income and value-add potential remain in high demand throughout the Nashville market. Whether you’re looking to expand your rental portfolio, house hack with one side vacant, or secure a stable investment in a growing area, this property presents multiple opportunities. Strong rental demand and continued neighborhood growth make this an attractive addition for both seasoned and first-time investors alike. Property being sold as-is.

705 Neelys Bend Rd, Madison
Start Your Search
board logo

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.