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1405 Highland Ave Columbia, TN $ 345,000
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$ 345,000 Get more info
1405 Highland Ave
$ 345,000
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1405 Highland Ave

Columbia, TN, 38401
$ 345,000
Bedrooms3 Baths3.0 Sq 2,051

Monthly Estimate*

$ 2,124

1405 Highland Ave, Columbia, TN 38401 - Image 1

Multi-Family Home for sale in Columbia, TN

for $345,000 with 3 bedrooms and 3 full baths. This 2,051 square foot home was built in 1936.

1405 Highland Ave is a centrally located stone triplex that blends historic character with proven investment performance. Located just steps from Columbia’s thriving Arts District, the property is walkable to downtown restaurants, coffee shops, boutiques, and local favorites, positioning it in one of the city’s most desirable high-traffic corridors. This commercially zoned property (CD-3) has operated as a consistent cash-flowing rental for years and offers both stability and future upside. Last appraised at $375,000 in 2023, the property presents an excellent opportunity for investors seeking a workforce-grade rental with value-add potential through strategic cosmetic improvements and finish upgrades. The property currently has two vacant units available for showing, while Unit #1 is occupied by a long-term legacy tenant on a month-to-month lease. Capital improvements include approximately $30,000 in foundation work completed in 2021, new water heaters installed in 2024, and updated flooring in Unit #2 completed in 2021. Seller is open to creative purchase structures including seller financing and lease-to-own terms for qualified buyers.

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Multi-Family Coming Soon

Price

$ 345,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,340

Style

Triplex

Year Built

1936

Town/City

Columbia

County/Region

Maury

MLS | Web ID

3220545
Features
General
Living Area 2051
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Natural Gas Available Water Available
Possession Immediate
Roof Shingle
Zoning CD-4
Garage Spaces 0
Construction Materials Stone
Year Built 1936
Tenant Pays Electricity Gas Water
Stories Count 2
Levels Two
Gross Income 3200
County Maury County TN
Net Operating Income 3100
Operating Expense 100
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name N/A
Garage Y/N N
Rent Includes None
Status Coming Soon / Hold
Buyer Financing Conventional FHA Other Seller Financing Owner Lease Option Owner Lease Purchase VA
Directions From downtown Columbia take Highway 31 south to South Main Street then continue on South Main and follow it until you reach the split where the property is the second home on the right.
High School Columbia Central High School
City Columbia
Senior Community Y/N N
Number Of Units Total 3
Lot Size Units Acres
Elementary School Highland Park Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 2340
Middle/Junior High School Whitthorne Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Coming Soon
Total Actual Rent 3200
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Interior
Flooring Wood
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 2051
Laundry Features Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Other
Above Grade Finished Area Source Other
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Gravel Parking Lot
Water Source Public
Total Parking 0
Inclusions Appliances
Building Area Total 2051
Lot Dimensions 53X92 IRR
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 1405
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* Excluded Features
List By
Simplihom

Broker

davidblalock@simplihom.com

Email

Affordability Calculator

$2,319
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,124
Monthly Property Taxes
$195
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
245058 Elementary School
245530 Middle School
Columbia Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/26/2026$345,000 Listed Price

Map

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1405 Highland Ave, Columbia, TN, 38401 is a Multi-Family Home for sale at $345,000 with 2,051 sqft. 1405 Highland Ave has 3 bedrooms, 3.0 baths, and was built in 1936. The property's zip code is 38401 which is in Columbia, TN

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