6966 Park Dr, Lyles, TN 37098
- $375,000
- 4,640
- SqFt
- Sold Price
- $375,000
- List Price
- $399,900
- Closing Date
- Dec 31, 2025
- MLS#
- 3001392
- Days on Market
- 98
- Property Type
- Multifamily
- Sqft. of Residence
- 4,640
- County
- Hickman County
- Status
- CLOSED
Property Description
This is an exceptional investment opportunity featuring 8 rental units across three separate properties, with significant value add potential. Two tenants vacated when learning of the sale, but the remaining tenants have been in place for years and have a strong payment history. Excellent opportunity to get tenants to market rates! The property offers a mix of unit types to appeal to a wide range of renters. There are two 2-bedroom, 1-bath duplex units, three studio-style efficiency apartments, each with 1 bath, and a house with two 2 bedroom, 1 bath downstairs units. All buildings separately metered! Recent updates include a new septic pump installed in 2024 and HVAC servicing for the triplex completed in December 2024. This property offers a unique opportunity to capitalize on below-market rents and long-term tenants with a strong payment history, making it an ideal investment for those seeking stable cash flow and future growth potential.
Additional Information
- Construction Type
- Vinyl Siding
- Cooling System
- Central Air
- Elementary School
- East Hickman Elementary
- Floor Types
- Vinyl
- Heating System
- Central
- High School
- East Hickman High School
- Junior High School
- East Hickman Middle School
- Laundry
- Individual, Electric Dryer Hookup
- Living Area
- 4,640
- Lot Dimensions
- 114X200
- Number Of Stories
- 1
- Sewer System
- Septic Tank
- Subdivision
- Milton Brooks
- Tax Amount
- $644
- Water Source
- Public
- Year Built
- 1994
- Zoning
- NA
- Type
- Multifamily
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Listing courtesy of Keller Williams Realty Nashville/Franklin. Selling Office: RE/MAX Choice Properties.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.