227 E Park Ave Gallatin, TN $ 600,000
227 E Park Ave
$ 600,000
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227 E Park Ave

Gallatin, TN, 37066
$ 600,000
Bedrooms5 Baths4.0 Sq 2,806

Monthly Estimate*

$ 3,788

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Multi-Family Home for sale in Gallatin, TN

for $600,000 with 5 bedrooms and 4 full baths. This 2,806 square foot home was built in 1947.

INVESTMENT OPPORTUNITY IN GALLATIN! Rare opportunity to purchase two income-producing properties located side-by-side within the Gallatin city limits. This package includes a manufactured home on a permanent foundation that was placed on the property within the last year and has been completely remodeled, offering a fresh, like-new interior and low-maintenance appeal. The adjoining property features a duplex with both units also completely remodeled and updated throughout. All units are currently leased, providing immediate cash flow from day one. With multiple rental units, extensive recent renovations, and an established tenant base, this property offers an excellent opportunity for an investor looking to add a stabilized, income-producing asset to their portfolio. Convenient Gallatin location with easy access to shopping, dining, schools, and major roadways. Strong rental potential and no immediate improvements needed make this a great long-term investment opportunity. Properties are being offered together. Please do not disturb tenants or attempt to access the properties without a confirmed appointment. 227 A&B E. Park Ave and also 223 E. Park Ave are the addresses included in this sale.

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Multi-Family Active

Price

$ 600,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,327

Style

Duplex

Year Built

1947

Town/City

Gallatin

County/Region

Sumner

MLS | Web ID

3501189

Features
General
Living Area 2806
Sewer Public Sewer
Heating Central Electric Other
Cooling Central Air Electric Other
Utilities Electricity Available Water Available
Possession Negotiable
Zoning RES
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1947
Tenant Pays Electricity Trash Collection Water
Stories Count 1
Levels One
Gross Income 51600
County Sumner County TN
Net Operating Income 51600
Operating Expense 0
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name None
Garage Y/N N
Rent Includes Other
Status Active
Directions S Water Ave to E Park Ave - Home on Right at 227 & 223
High School Gallatin Senior High School
City Gallatin
Senior Community Y/N N
Number Of Units Total 3
Lot Size Units Acres
Elementary School Vena Stuart Elementary
Property Attached Y/N Y
Year Built Details Renovated
Tax Annual Amount 1327
Middle/Junior High School Rucker Stewart Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 4300
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Interior
Flooring Luxury Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 2806
Laundry Features Individual Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Water Source Public
Total Parking 0
Inclusions Appliances
Building Area Total 2806
Lot Dimensions 50 X 137.7 IRR
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 227
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* Excluded Features
List By
The Adcock Group

Broker

adcock.jacob@gmail.com

Email

Affordability Calculator

$3,899
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$111
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4313303 Elementary School
4313388 Middle School
Gallatin Senior High School High School
Pricing History
DatePricePrice ChangeDescription
8/9/2026$600,000 Listed Price

Map


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227 E Park Ave, Gallatin, TN, 37066 is a Multi-Family Home for sale at $600,000 with 2,806 sqft. 227 E Park Ave has 5 bedrooms, 4.0 baths, and was built in 1947. The property's zip code is 37066 which is in Gallatin, TN