1405 Highland Ave, Columbia, TN 38401

Columbia
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
1405 Highland Ave,Columbia, TN 38401
$345,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: david blalock
Office: simplihom
MLS#:3220545
Source:NASHVILLE

Price summary

  • Price:$345,000

About this home

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...

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Home facts

  • Year built:1936
  • Listing ID #:3220545
  • Added:3 day(s) ago
  • Updated:May 27, 2026 at 02:24 PM

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Natural Gas, Wall Furnace

Structure and exterior

  • Roof:Shingle
  • Year built:1936
  • Construction Materials:Stone
  • Levels:2 Story

Schools

  • High school:Columbia Central High School
  • Middle school:Whitthorne Middle School
  • Elementary school:Highland Park Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$345,000
  • Tax amount:$2,340

Parking

  • Parking description:Gravel, Parking Lot
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