131 E Park Ave, Gallatin, TN 37066

Multiple Family / 2 Bedroom(s) / 2 Bath(s)

Property Status:  For Sale | $400,000.00 | 


Property Photos


Renovated duplex generating $31,000/year in income with existing leases


Property Status:
For Sale | $400,000.00

Contact Info
Epique Realty - 888-893-3537
(615) 423-3767

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Property Details:
Multiple Family / 2 BR / 2 BA
Property Style:
Duplex
Year Built:
1949
Finished Sq Ft:
1,550
Basement:
No Basement
Owner / Agent:
Real Estate Agent
Property Features:
Central Air
Patio
Porch
Fenced Yard
Plenty of private parking
Property Description:

Income-producing duplex in Gallatin with leases in place through Summer 2026.

This renovated 1940s property offers two 1 bed / 1 bath units (approx. 775 sq ft each), providing immediate rental income and long-term upside. Short-term, mid-term, and long-term rental are all great options here.

Each unit features updated kitchens and baths, original hardwood floors, and stainless steel appliances. Washer and dryer included in Unit A. Ample private parking and a partially fenced backyard add to overall tenant appeal. The property’s character, natural light, and proximity to everyday conveniences contribute to strong rental demand.

Located just minutes from Publix, local coffee shops, restaurants, and Gallatin’s historic downtown square, this location supports consistent tenant interest and retention.

Extensive 2021 renovations include new windows and blinds, updated electrical and plumbing systems, new central HVAC, and a firewall added in the attic between units. Roof replacement estimated circa 2015.

2025 improvements include new flashing where porch roof meets house (front and back). Unit B updates include a renovated bathroom with tile shower and flooring, new kitchen flooring, and mudroom improvements including new flooring and subfloor. HVAC unit setting rebuilt.

Lease Information: Unit A: $1,300/mo through September 30, 2026. Unit B $1,285/mo through August 31, 2026. Do not disturb tenants. Showings available with acceptable offer. Leases to be honored. Buyer to verify all pertinent information.



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