172 Park Cir, Old Hickory, TN 37138
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
172 Park Cir,Old Hickory, TN 37138
$368,000
- - Beds
- 2 Baths
- 3,256 sq. ft.
- Multi-family
- Active
Listed by: michele mazzu
Office: crye-leike music city
MLS#:3627805
Source:NASHVILLE
Price summary
- Price:$368,000
- Price per sq. ft.:$113.02
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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Home facts
- Year built:1945
- Subdivision & Development:L & C Ins
- Listing ID #:3627805
- Added:2 day(s) ago
- Updated:October 30, 2026 at 04:38 PM
Rooms and interior
- Total bathrooms:2
- Flooring:Carpet, Tile
- Living area:3,256 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Wall/Window Unit(s)
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1945
- Building area:3,256 sq. ft.
- Lot area:0.25 Acres
- Construction Materials:Aluminum Siding
- Levels:2 Story
Schools
- High school:McGavock Comp High School
- Middle school:DuPont Hadley Middle
- Elementary school:DuPont Elementary
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$368,000
- Price per sq. ft.:$113.02
- Tax amount:$4,613
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