Active Under Contract · MLS#: RTC3627805
$368,000
172 Park Cir
Old Hickory, TN 37138
About this home
What if your next home came with three existing rental income streams? This unique Old Hickory property offers the opportunity to live in a spacious 1940s bungalow while collecting rent from three additional living spaces, all just minutes from Old Hickory Lake recreation and convenient to downtown Nashville. The main house offers approximately 1,948 square feet with three bedrooms, one-and-a-half baths, a living room, separate dining room, spacious eat-in kitchen, laundry/mudroom, and a cozy wood-paneled den with a fireplace. A basement adds storage and possibilities. The bungalow retains its vintage character but needs updating, but could be lived in while renovating. This is an opportunity for someone with vision. Upstairs, a studio apartment features hardwood floors, a full bathroom, and its own exterior entrance. Behind the bungalow, a detached cinder-block duplex provides two additional one-bedroom, one-bath apartments, including one recently renovated unit with updated cabinetry, appliances, flooring, bathroom, and mini-split system. All three additional living spaces are currently rented, generating a combined $2,890 per month, or $34,680 in annualized gross rental income at current rates. Enjoy nearby Old Hickory Lake, marinas, boating, fishing, and recreation, along with the charm of historic Old Hickory Village and convenient access to downtown Nashville. Live in the main house while collecting rental income, or explore the possibilities of a long-term investment. A distinctive property with space, income, and potential. Selling as-is. Buyer to verify square footage, rental information, and permitted uses.
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Property facts
- Units
- 3 units
- Square feet
- 3,256
- Lot acres
- —
- Year built
- 1945
- Garage spaces
- —
- Property type
- Residential Income
- County
- Davidson County, TN
Location
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Listed by Crye-Leike Music City · MLS#: RTC3627805 · Status: Active Under Contract
Listings courtesy of RealTracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 11/1/2026, 8:49:00 PM CT. 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. Data is deemed reliable but is not guaranteed by MLS GRID.
