My Search Tools:

$399,900 - 6966 Park Dr, Lyles

-
Bedrooms
-
Baths
4,640
SQ. Feet
1994
Year Built

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.

Essential Information

  • MLS® #:
    3001392
  • Price:
    $399,900
  • Bathrooms:
    0.00
  • Square Footage:
    4,640
  • Acres:
    0.00
  • Year Built:
    1994
  • Type:
    Residential Income
  • Status:
    Active

Community Information

  • Address:
    6966 Park Dr
  • Subdivision:
    Milton Brooks
  • City:
    Lyles
  • County:
    Hickman County, TN
  • State:
    TN
  • Zip Code:
    37098

Amenities

  • Utilities:
    Water Available

Interior

  • Heating:
    Central
  • Cooling:
    Central Air
  • # of Stories:
    1

Exterior

  • Construction:
    Vinyl Siding

School Information

  • Elementary:
    East Hickman Elementary
  • Middle:
    East Hickman Middle School
  • High:
    East Hickman High School

Additional Information

  • Date Listed:
    September 24th, 2025
  • Days on Market:
    12
  • Zoning:
    NA

Listing Details

  • Listing Office:
    Keller Williams Realty Nashville/franklin

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of RealTracs Solutions. Real estate listings held by brokerage firms other than [INSERT BROKER NAME] are marked with the Internet Data Exchange Program logo or thumbnail logo and detailed information about them includes the name of the listing brokers.

Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

Copyright 2025 RealTracs Solutions.

Listing information last updated on October 7th, 2025 at 8:53am CDT.