131 E Park Ave

Active

Gallatin, TN 37066

Bedrooms
0
Bathrooms
1,550.00
Sq Ft
Acres
Updated 5 minutes ago MLS #: 3163851 Listed 6 days ago

$400,000.00

Est. Monthly: $1,930.58
$258
Per Sq Ft

About This Property

Income-producing duplex in Gallatin with leases in place through Summer 2026. This renovated 1940s property offers two 1 bed / 1 bath units (approx. 775 sq ft each), providing immediate rental income and long-term upside. Short-term, mid-term, and long-term rental are all great options here. Each unit features updated kitchens and baths, original hardwood floors, and stainless steel appliances. Washer and dryer included in Unit A. Ample private parking and a partially fenced backyard add to overall tenant appeal. The property’s character, natural light, and proximity to everyday conveniences contribute to strong rental demand. Located just minutes from Publix, local coffee shops, restaurants, and Gallatin’s historic downtown square, this location supports consistent tenant interest and retention. Extensive 2021 renovations include new windows and blinds, updated electrical and plumbing systems, new central HVAC, and a firewall added in the attic between units. Roof replacement estimated circa 2015. Recent 2025 improvements include new flashing where porch roof meets house (front and back). Unit B updates include a renovated bathroom with tile shower and flooring, new kitchen flooring, and mudroom improvements including new flooring and subfloor. HVAC unit setting rebuilt. Lease Information: Unit A: $1,300/mo through September 30, 2026. Unit B $1,285/mo through August 31, 2026. Do not disturb tenants. Showings available with acceptable offer. Leases to be honored. Buyer to verify all pertinent information. Please see MLS Listing #3163970 for Residential Listing. *Preferred Lender: Lending Hand is offering $3000 Lender Credit & Free Appraisal!

Location

Subdivision Sunset View
Directions From the Square in Gallatin at the intersection of Main Street and Water Ave, head south on S Water Ave. Drive .5 mile. Turn left onto Park Ave. Duplex is on the right.

Interior Features

Heating Natural Gas
Cooling Electric
Flooring Wood,Vinyl

Exterior & Property

Stories 1
Construction Materials Frame,Vinyl Siding
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School
Vena Stuart Elementary
6-8
Middle School
Rucker Stewart Middle
9-12
High School
Gallatin Senior High School

Property Details

Property Type Residential Income
Year Built 1949
Annual Taxes $1,570.00
Listing Office Epique Realty
Listing Agent Kim Robertson, PhD
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-04-02T03:29:47+00:00. 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.

Market Insights

Explore market data for Gallatin and the Sunset View neighborhood

Gallatin Market

City-wide statistics

Explore Gallatin
582
Active Listings
$607,740.32
Avg Price
2,334
Avg Sq Ft
3.3
Avg Bedrooms

Sunset View

Neighborhood statistics

Explore Sunset View
4
Active Listings
$329,475.00
Avg Price
1,452
Avg Sq Ft
3.0
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3163851

Currently active listing

5 days ago • Mar 27, 2026

5 days on market

$400,000.00

Sold

MLS# 2697580

Property sold and closed

1 year ago • Sep 24, 2024

13 days on market

$1,195.00