151 Dellway Dr
Nashville, TN, 37207 $ 469,500
Bedrooms4 Baths2.0 Sq 1,399 Monthly Estimate*
$ 2,964
for $469,500 with 4 bedrooms and 2 full baths. This 1,399 square foot home was built in 1949.
Turnkey, income producing Nashville duplex approximately 3 miles from Downtown. An attractive opportunity for an experienced investor or an owner occupant looking to live in one unit while generating income from the other. Each side offers 2 bedrooms and 1 bathroom, providing two separate living spaces and a flexible 4 bedroom, 2 bath configuration. The property is professionally managed, with established operating systems already in place. One unit operates as a long term rental, while the other has been used as a furnished mid term rental. Preliminary, seller provided 2026 year to date figures report $41,000 in gross income and $30,264 in net operating income. Continue the current strategy or explore other leasing options to suit your investment goals, subject to existing leases, applicable regulations, and required approvals. Conveniently positioned near Ellington Parkway, Dickerson Pike, East Nashville, and Downtown Nashville, the location offers accessibility that helps support continued rental demand. Driveway parking, laundry equipment, and outdoor space add everyday convenience for residents. The appraisal and detailed 2026 YTD as well as 2025 operating statements are available in the MLS Media section. Additional property, lease, and financial information is available upon request. Please do not disturb occupants; all visits must be scheduled and approved in advance. Buyer and Buyer’s agent to independently verify square footage, financial information, expenses, leases, permitted uses, zoning, and all other information material to the purchase. Qualified buyers may be eligible for lender credit toward closing costs when financing through seller's preferred lender; lender terms and eligibility requirements apply. Ask your Realtor for details, or contact listing agent.
See more
FeaturesGeneralLiving Area 1399
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Possession Negotiable
Roof Shingle
Zoning Rs10
Garage Spaces 0
Security Features Smoke Detector(s)
Construction Materials Hardboard Siding
Year Built 1949
Tenant Pays Electricity Water
View City
Stories Count 1
Levels One
Gross Income 41000
County Davidson County TN
Net Operating Income 30264
Operating Expense 10736
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Joywood Heights
Garage Y/N N
Rent Includes Other
Status Active
Buyer Financing Conventional FHA Other VA
Directions From Nissan Stadium: Turn left onto S 1st St. Merge onto US-31W N/US-41 N/US-431 N/Dickerson Pike and continue for 2.4 miles. Turn right onto Dellway Dr (NOT DELLWAY CT). Home will be on your left.
High School Maplewood Comp High School
City Nashville
Senior Community Y/N N
Open Parking Spaces 6
Number Of Units Total 2
Lot Size Units Acres
Carport Spaces 0
Carport Y/N N
Elementary School Tom Joy Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 5644
Middle/Junior High School Jere Baxter Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 4714
See more
InteriorFlooring Wood Luxury Vinyl Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 1399
Laundry Features Individual Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Professional Measurement
Above Grade Finished Area Source Professional Measurement
Above Grade Finished Area Unit Type Square Feet
See more
ExteriorParking Features Driveway Gravel
Water Source Public
Total Parking 6
Inclusions Appliances Negotiable Other
Building Area Total 1399
Lot Dimensions 75 X 290
Waterfront Y/N N
Covered Spaces 0
See more
* Excluded FeaturesList Bydennis@goodstuffrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,964
- Monthly Property Taxes
- $470
- 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.
Learn more about how to save NearbyMulti-family listings in Nashville, TN
Average List Price $1,420,402
Percent of Sale Price 203%
About Nashville, TN 648,976 Population
18% Since 2002
$ 47,907 Median Income
35.33 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
244347 Elementary School
4313256 Middle School
Maplewood Comp High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/12/2026 | $469,500 | | Listed Price |