
Nashville, TN 37209
This Historic Sylvan Park Triplex is a versatile income-producing asset listed at $1,300,000, aligning perfectly with its $1,300,000 Fair Market Value. Boasting a Condition Rating of 3, the property features a main colonial residence and a detached garage apartment, all supported by updated HVAC and roofing systems. Residents benefit from a Prime Walkable Location near Richland Park and the top-rated Sylvan Park Paideia Design Center (Rating 7). With a proven rental history and an oversized 11,326 sqft lot, this property offers significant stability and lifestyle appeal. It is an ideal acquisition for Owner-Occupants seeking a high-end "house-hack" or Buy-and-Hold Investors targeting Nashville’s most coveted corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4706 Elkins Ave Subject | $1,300,000* List Price | 4 | 2 | 2,432 | $535 | - |
A 4507 Park Ave Sold | $980,000 | 4 | 3 | 2,316 | $423 | 0.1 mi |
B 4507 Park Ave Sold | $980,000 | 4 | 3 | 2,316 | $423 | 0.1 mi |
C 4506 Nevada Ave Sold | $1,099,000 | 3 | 2 | 1,933 | $569 | 0.2 mi |
D 4506 Nevada Ave Sold | $1,099,000 | 3 | 2 | 1,933 | $569 | 0.2 mi |
E 4707 Utah Ave Sold | $1,025,000 | 3 | 3 | 2,062 | $497 | 0.4 mi |
F 4209 Utah Ave Sold | $1,640,000 | 5 | 4 | 2,906 | $564 | 0.5 mi |
G 4311 Nebraska Ave Active | $1,625,000 List Price | 4 | 4 | 2,884 | $563 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained 1935 colonial-style triplex that is move-in ready. It features several key updates including a roof and HVAC systems that are approximately 6 years old, and renovated bathrooms. While the kitchen appliances and some fixtures appear dated, the overall interior condition is clean with preserved hardwood flooring and crown molding, meeting the criteria for a well-maintained property within its functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2432.
Situated in the highly coveted Sylvan Park neighborhood, this property offers exceptional walkability to local dining, cafes, parks, and the farmers market, significantly driving tenant demand and lifestyle value.
As an income-producing triplex with a proven rental history, the property provides versatile options to operate as a pure investment, a 'house-hack' for an owner-occupant, or a conversion back to a grand single-family residence.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
Being located within the Historic Overlay of Sylvan Park means any exterior renovations or structural changes are subject to strict preservation guidelines, which can limit development flexibility and increase costs.
While the local elementary school is well-rated, the assigned middle and high schools currently hold lower performance ratings, which may be a deterrent for long-term family buyers looking to utilize public education.
Truly a rare offering! Income producing triplex with proven and successful rental history in the Historic Overlay of Sylvan Park! Walkable to dining, cafes, farmers market, parks, and shops in this beloved neighborhood. 4706 Elkins sits prominently on an oversized .26 acre lot with colonial style grandeur amongst old-growth trees on a wide street. Original wood siding, units A and B are each 2 bed, 1 bath with living rooms, dining room, and mud room/laundry + adorable private patios. Unit C is a furnished 1-bed 682 sq. ft. garage apartment. Renovated baths, laundry in each unit, roof and HVACs approx. 6 years old. Live in one unit and rent the others, renovate to a single family home, or enjoy a sound investment in one of Nashville's most coveted corridors.
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades PK-4 • 0.8 mi
Grades PK-4 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,432 | 1,650 | 76% |
| Lot Size | 11,326 | 7,405 | 80% |
| Price | $1.30M | $525.0K | 90% |
| Price per sq ft | $535 | $342 | 84% |
| Built year | 1935 | 1960 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 688 | 6% |
Dec 29, 2025
$1,300,000
Initial Listing