316 Archwood Dr, Madison, TN 37115

$395,000
6
BD
4
BA
2,450
SqFt

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Sold Price
$395,000
List Price
$379,900
Closing Date
Apr 25, 2025
Subtype
Single Family Residence
MLS#
2789486
Year Built
1954
Style
Ranch
Bedrooms
6
Bathrooms
4
Full baths
4
Living Area
2,450
Acres
0.97
County
Davidson
Subdivision
Archwood Acres

Property Description

Great duplex in Madison with an excellent cap rate for today's market. Brought in $3200 per month combined rent when both units were last occupied. Unit A: Ready to move in but could use some attention and freshening up/ updates. Hardwood floors through the front half of the home. Fresh paint. HVAC unit replaced in 2023 and under warranty. Unit B: Currently occupied with a long term good paying tenant. This unit was updated with a recent renovation and is in great shape. LVP floors. Both sides feature decks facing the backyard. Very large lot with great future development potential. 2 level storage shed included with sale. Could be an income producing investment or live in one side and rent the other.

Additional Information

Lot Dimensions
91 X 365
Subdivision
Archwood Acres
Agent Email
jeff@realpropertymgt.com
Water
Public
Images
0, 1, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 2, 20, 21, 22, 23, 24, 25, 26, 27, 3, 4, 5, 6, 7, 8, 9
Cooling
Central Air, Electric
Year Built
1954
Acres
0.97
Heating
Central, Electric, Heat Pump
Parking Spaces
1
Stories
1

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Listing courtesy of Real Property Management Key Response. Selling Office: VOLUME Realty.

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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.