3
Map
$0
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House -
In Contract
140 Myatt Dr
Madison, TN 37115
3 Beds
1 Bath
1,050 Ft²
$0
Est. Monthly
About This Property
AUCTION SEPT 17TH @ 2PM OF 6 PROPERTIES! *SALE SITE
HERE: Tract 5 -140 Myatt Dr.
This is your opportunity to buy investment property located in a high traffic area of Myatt Dr. Madison TN.
Five of the six properties are adjoining with a total of 264 ft +/- of frontage on Myatt Dr. Five rental houses/1 vacant lot. The separate property is only a block away and is a larger lot. These properties have potential. Don't miss this opportunity to have significant road frontage on Myatt Drive.
Tract 1 - 118 Myatt Dr - 3BR -1BA - 1,000sf +/- Lot - 50x137 .17ac +/-
Tract 2 - 120 Myatt Dr - 3BR, 1BA - 1,070sf +/- Lot - 50x134 .15ac +/-
Tract 3 - 124 Myatt Dr - 3BR, 1BA - 1,060sf +/- Lot - 50x130 .15ac +/-
Tract 4 - 128 Myatt Dr - Vacant lot - Lot - 50x125 .14ac +/-
Tract 6 - 234 Myatt Dr - 3BR, 1BA - 1,193sf +/- Lot - 130x126 .38ac +/- *Large Lot
Tract 5 - 140 Myatt Dr - 3BR, 1BA - 1,050sf +/- Lot - 64/121 .21ac +/- *Corner lot w/N Dupont Ave. SALE SITE WILL BE AT 140 MYATT DR FOR ALL PROPERTIES. Please park along N Dupont Ave.
Absolute auction buyer to pay 15% non refundable deposit day of sale. Balance to be paid at closing within 30 days of sale date.
This is your opportunity to buy investment property located in a high traffic area of Myatt Dr. Madison TN.
Five of the six properties are adjoining with a total of 264 ft +/- of frontage on Myatt Dr. Five rental houses/1 vacant lot. The separate property is only a block away and is a larger lot. These properties have potential. Don't miss this opportunity to have significant road frontage on Myatt Drive.
Tract 1 - 118 Myatt Dr - 3BR -1BA - 1,000sf +/- Lot - 50x137 .17ac +/-
Tract 2 - 120 Myatt Dr - 3BR, 1BA - 1,070sf +/- Lot - 50x134 .15ac +/-
Tract 3 - 124 Myatt Dr - 3BR, 1BA - 1,060sf +/- Lot - 50x130 .15ac +/-
Tract 4 - 128 Myatt Dr - Vacant lot - Lot - 50x125 .14ac +/-
Tract 6 - 234 Myatt Dr - 3BR, 1BA - 1,193sf +/- Lot - 130x126 .38ac +/- *Large Lot
Tract 5 - 140 Myatt Dr - 3BR, 1BA - 1,050sf +/- Lot - 64/121 .21ac +/- *Corner lot w/N Dupont Ave. SALE SITE WILL BE AT 140 MYATT DR FOR ALL PROPERTIES. Please park along N Dupont Ave.
Absolute auction buyer to pay 15% non refundable deposit day of sale. Balance to be paid at closing within 30 days of sale date.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1971
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 days ago (Realtracs #RTC3528677)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 24, 2026 | Listed by Cope Associates Realty & Auction, LLC | $0 | |
| Listed by Cope Associates Realty & Auction, LLC | |||
| Jul 17, 2026 | Price Decreased |
$275,000
↓ $25K
(8.3%) | |
| Price Decreased | |||
| Jun 20, 2026 | Listed by Legacy Signature Properties, LLC | $300,000 | |
| Listed by Legacy Signature Properties, LLC | |||
 | |||
|
Investor's Dream!! 5 Lots in a row with 4 houses. 5th house available at 324 Myatt Drive.
MLS #s 3246459, 3246460, 3246461, 3246462, 3246463 available plus bonus lot located between 124 and 140 Myatt Drive.
| |||
Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 1
Appliances: None
Flooring Type: Wood
Basement: Crawl Space
Exterior Details
Square Footage: 1050
Square Footage Source: $0
Year Built: 1971
Building Area Total: 1050
Levels: One
Building Area Units: Square Feet
Construction Materials: Brick
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9147.6
Lot Size Dimensions: 64 X 121
Water Source: Public
Financial Details
Tax Annual Amount: $1,759
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Madison Park Condominiums
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Listed by: Ed Cope, Cope Associates Realty & Auction, LLC
Last Updated: 7 days ago
Data Source: Realtracs, MLS# RTC3528677
Last Updated: 7 days ago
Data Source: Realtracs, MLS# RTC3528677
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017