MOTIVATED SELLER & FINANCING OFFERED!! 5 unit luxury complex, Each unit features 3 bedroom, 3.5 bath 1950 square foot floorplan. The kitchens have granite countertops, stainless steel appliances, (natural gas stovetop) with a washer and dryer as well. All tile bathrooms, showers with double vanity sinks. Each townhome has a two-car garage and is located conveniently to downtown Nashville. Property currently being utilized as a long-term rental but does qualify for STR permits if a new owner would desire. This is a turnkey property that is ready to go. Owner to offer up to $1,000,000.00 in owner financing with acceptable offer. Showings for units can be arranged with an acceptable offer in place.

Listings courtesy of Realtracs as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 24, 2026 6:57 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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More Info

Basic Information

Gross Income $192,000
List Price$3,195,000
MLS Number3184871
Mls Status Active
Net Operating Income $160,000
Operating Expense $32,000
Possession Close Of Escrow
Special Listing Conditions Standard
StatusActive
Tenant Pays ["Electricity", "Gas", "Water"]
Total Actual Rent $12,800

Property

ZoningOR-20

Utilities

Cooling Central Air, Electric
Cooling YN Yes
Heating Central, Natural Gas
Heating YN Yes
Sewer Public Sewer
Utilities ["Electricity Available", "Natural Gas Available", "Water Available"]

Other

Date Listed04/30/2026

Tax Information

Taxes$5,423

Parking

Attached Garage YN Yes
Covered Spaces 2
Parking Features Garage Faces Rear
Parking Spaces2

Building

GarageYes
Garage Spaces2
Levels One
Stories3
Structure Type["Multi Family"]
Units5
Year Built2018

Interior

Flooring Wood, Tile

Property Information

Above Grade Finished Area 9,644
Above Grade Finished Area Source Other
Above Grade Finished Area Units Square Feet
Below Grade Finished Area Source Other
Below Grade Finished Area Units Square Feet
Building Area Units Square Feet
Construction Materials Fiber Cement, Brick
Inclusions Appliances, Furniture
Living Area Source Other
Living Area Units Square Feet
Lot Size Units Acres
Owner Pays ["None"]
Property Attached YN Yes
Square Feet9,644

School Information

Elementary SchoolCockrill Elementary
High SchoolPearl Cohn Magnet High School
Junior HighMoses McKissack Middle

Basic Information

Property SubTypeResidential Income

Location

Address601 Ries Avenue
Building Number601
CountyDavidson County, TN
Directions From i-40 w, take a right off interstate onto white bridge rd. Take immediate left onto robertson ave. Go about 3/4 mile and complex is on the right on the corner of ries ave and robertson ave.
StateTN
StreetRies Avenue
SubdivisionCharlotte Park
TownNashville
Zip37209

Water Body

Water AccessPublic

Legal

Listing Agreement Exclusive Right To Sell
Parcel Number 091091B00100CO

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Amo Realty Tennessee