Active.

  •

    Small Single Family Portfolio

    $725,000
    Status

    Active
    Number of Units

    Property Type

    Listing Agent

    ,

    Agent Email

    landon@ria-inc.com
    kristina@ria-inc.com
    County

    This collection of properties includes five homes in Waverly and one in McEwen, offering immediate cash flow with in-place tenants and significant upside through strategic rent increases. Ranging from 1- to 3-bedroom layouts, these homes appeal to long-term renters in a region where affordable, well-maintained housing is in short supply. Each home is individually metered, with tenants covering utilities, minimizing landlord expenses and maximizing NOI.

    Investment Highlights:

    • 6 single-family homes: 5 in Waverly, 1 in McEwen

    • 100% tenant-occupied with stable rent rolls and low turnover

    • All tenants pay their own utilities; low operating overhead

    • Current rents significantly below market—5–30% upside potential

    • Monthly rents range from $600–$1,050 with estimated market potential of $770–$1,200

    • Properties span 1–3 bedrooms with classic layouts and efficient footprints

    • Located in established neighborhoods near schools, local employers, and retail

    • Individually parceled—offers optionality for future retail sales or 1031 exchanges

    • Below replacement cost on a per-door basis with long-term appreciation potential

    Investment Summary:

    This small single-family portfolio delivers dependable income across two tightly linked small-town markets within 10 minutes of each other. In Waverly and McEwen, rental demand remains strong while new housing supply is limited, giving well-located single-family homes a competitive edge. The homes are rented under market, with modest interior upgrades presenting an immediate opportunity to unlock higher returns. Whether held for cash flow, positioned for gradual retail resale, or included in a larger scale-up strategy, this portfolio offers flexibility, affordability, and solid fundamentals in Middle Tennessee's resilient housing market.

    Details

  • Waverly Multifamily Portfolio

    $1,900,000

    This portfolio includes a thoughtfully assembled mix of 4 duplexes, 1 triplex, and 2 quadplexes, offering investors diversified unit types and multiple streams of income across Waverly and neighboring towns. The Waverly properties are located in a stable, demand-driven submarket, delivering a blend of turnkey performance and light value-add potential. With close proximity to downtown amenities, schools, and major thoroughfares, these assets are well-positioned to benefit from Waverly’s consistent tenant demand and constrained rental inventory. Strong local employment anchors, combined with minimal new supply, create a favorable environment for both cash flow and long-term value growth.

    Investment Highlights:

    • Portfolio includes 4 duplexes, 1 triplex, and 2 quadplexes across key submarkets

    • Centrally located in Waverly near schools, grocery, and retail

    • Solid in-place income with long-term tenants in several units

    • Opportunity to increase rents 5–10% through modest interior updates

    • Historically low vacancy market with consistent renter demand

    • Located ~70 minutes west of Nashville with access via Highway 70 and I-40

    • Below replacement cost pricing provides immediate equity upside

    • Mix of stabilized and light value-add units for flexible investment strategy

    • Minimal local competition from new construction or large multifamily stock

    Investment Summary:

    This Waverly property delivers reliable income in a supply-constrained small-town market where rental demand continues to outpace available inventory. The asset’s strong occupancy history and under-market rents offer a clear path to increased revenue with basic cosmetic improvements. As the county seat and a regional service hub, Waverly supports sustained demand for affordable, well-maintained rental housing. Whether held for cash flow or repositioned for value, this property—part of a portfolio that includes duplexes, a triplex, and quadplexes—represents a compelling opportunity for investors seeking stable returns and long-term appreciation in Middle Tennessee.

    Details

  • Britton Springs Townhomes

    $1,900,000
    Status

    Active
    Year Built

    Address

    509-511 Britton Springs Road, Clarksville TN
    Number of Units

    Property Type

    Sqft

    Listing Agent

    Agent Phone Number

    (615) 281-9395
    Agent Email

    landon@ria-inc.com
    County

    Brand new construction and fully leased — Britton Springs Townhomes is a 13-unit multifamily investment opportunity across two adjacent parcels in Clarksville, TN. Built in 2023/2024, this turnkey asset features thirteen 2-bedroom, 1.5-bath townhome-style units with in-unit laundry, assigned parking (2 spaces per unit), and modern finishes throughout.

    Each unit is currently leased at $1,150/month. All utilities are tenant-paid, with the owner covering one additional water meter used for maintenance purposes.

    With new roofs, HVAC systems, and interiors, investors will benefit from minimal ongoing capital expenditures.

    Located in a strong Clarksville submarket with access to major employment drivers, Britton Springs Townhomes is a clean, low-maintenance asset ideal for both new and seasoned investors.

    Details

  • Winchester 9

    $800,000
    Status

    Active
    Address

    700 & 701 N High Street., Winchester, TN
    Number of Units

    Property Type

    Sqft

    Listing Agent

    Agent Email

    hunter@ria-inc.com
    County

    Introducing Winchester 9, a rare multifamily offering in the heart of Winchester, TN. This portfolio includes two charming buildings—a 5-unit and a 4-unit—located directly across the street from one another at 700 & 701 N High Street. Built in 1908, these vintage properties have been heavily renovated between 2024–2025, blending classic architecture with modern interiors.

    Totaling 9 units and over 7,000 square feet, the portfolio offers a diverse unit mix and is currently 89% occupied. Investors will appreciate the strong in-place income, vacancy upside, and potential for increased rents based on market comps.

    Recent Improvements:

    • Full interior renovations in 7 out of 9 units

    • Updated flooring, finishes, kitchens, and baths

    Key Features:

    • Street parking available for all units

    • Strong rental demand in the area with local employers driving consistent occupancy

    • Plenty of curb appeal and vintage character with modern upgrades

    Seller Financing Available:

    • $300,000 down payment

    • $499,000 financed at 4% interest

    • 30-year amortization, ~$2,380/month P&I

    • 2-year balloon – Ideal bridge to long-term financing

    This is an excellent opportunity to acquire a stabilized, cash-flowing asset with upside potential and flexible terms.

    Details

  • Dyersburg 8-Plex

    $425,000
    Status

    Active
    Year Built

    Address

    1002 Hillcrest Ave. Dyersburg, TN
    Number of Units

    Property Type

    Sqft

    Listing Agent

    Agent Phone Number

    (253) 431-6048
    Agent Email

    kristina@ria-inc.com
    County

    Discover a solid investment opportunity in the heart of Dyersburg, TN. This 8-unit multifamily property, located at 1002 Hillcrest Avenue, offers a dependable mix of function and potential. Each unit spans approximately 810 sq. ft. and includes 2 bedrooms and 1 bathroom, providing a practical layout that appeals to long-term tenants. With individually metered electric and water, and an on-site laundry room for added tenant convenience, this property is well-positioned for efficient operations and consistent performance.

    Investment Highlights:

    1. Eight Spacious Units: All units feature 2 bedrooms and 1 bathroom across approximately 810 sq. ft., creating a balanced layout ideal for renters in the area.

    2. Individually Metered Utilities: Electric and water are separately metered, allowing for straightforward utility management and lower owner expenses.

    3. On-Site Laundry Room: Tenants enjoy access to a shared laundry facility, a key amenity that enhances tenant satisfaction and retention.

    4. Well-Maintained with Ongoing Updates: Property is professionally managed with repairs and renovations completed as needed to maintain quality standards.

    5. Strong Local Demand: Dyersburg continues to show steady demand for affordable rental housing, and with limited multifamily inventory, this asset offers stable occupancy and long-term upside.

    Details

  • McEwen Multifamily Portfolio

    $1,200,000
    Overview:

    Nestled in a quiet but growing community just over an hour west of Nashville, this McEwen property features a mix of rental units offering both immediate income and long-term potential. With local demand for quality housing and limited new inventory, the area presents a strong case for rental growth and operational upside. This portion of the portfolio benefits from proximity to schools, employers, and essential services in a tight-knit, supply-constrained market.

    Investment Highlights:

    • Stable rental base with long-term tenants and low historical vacancy

    • Opportunity for rent growth through minor cosmetic upgrades

    • Market rents estimated to be 5–10% above current lease rates

    • Quiet, low-turnover neighborhood with high tenant retention

    • Located ~65 minutes from Nashville with easy access via Hwy 70

    • Limited new construction in the area, supporting strong rental demand

    • Small-town setting with access to jobs, schools, and retail within 15 minutes

    • Below replacement cost pricing offers excellent value on a per-door basis

    Investment Summary:

    This McEwen asset provides an attractive foothold in a resilient small-town rental market, ideal for investors seeking steady cash flow with upside through light value-add improvements. Demand for affordable housing in McEwen continues to outpace supply, offering a favorable backdrop for rent growth and tenant retention. Whether held as a cash-flowing long-term investment or repositioned for resale, this asset supports multiple strategies with limited downside and operational flexibility. A rare opportunity to scale in rural Middle Tennessee without the volatility of larger metro markets.

    Details

  • McMinnville Quadplex

    $398,000
    Status

    Active
    Year Built

    Address

    103 White St. McMinnville, TN
    Number of Units

    Property Type

    Sqft

    Listing Agent

    Agent Phone Number

    (615) 281-9395
    Agent Email

    albert@ria-inc.com
    County

    Discover a well-maintained multifamily asset in the heart of McMinnville, TN. Located at 103 White Street, this 4-unit property offers spacious layouts, thoughtful updates, and long-term potential. Each flat-style unit features 2 bedrooms and 1 bathroom across approximately 1,000 sq. ft., creating a comfortable and functional living space for tenants. With recent renovations already completed and full occupancy in place, this property is ready to perform from day one.

    Investment Highlights:

    1. Fully Occupied Fourplex: All four units are currently leased, including 2 month to month tenants, offering an owner-occupy opportunity and immediate in-place income in a growing Middle Tennessee market.
    2. Modern Interior Updates: Recent improvements include new flooring, fresh paint, updated appliances, new trim and interior doors in most rooms, and one new HVAC split system.
    3. Secure Entry & Utility Setup: Tenants enjoy a keyed, secure front entry. Each unit has a separate electric meter, while water is on a master meter paid by the owner.
    4. Established Location: Positioned on a 1976 build with approx. 4,000 sq. ft. of total living space, this property is centrally located with convenient access to local amenities, employers, and schools.

    Details
  • Sale!

    Darlene 16

    Original price was: $2,100,000.Current price is: $1,900,000.
    Status

    Active
    Year Built

    Address

    143 Darlene Drive, Clarksville, TN 37042, 145 Darlene Drive, Clarksville, TN 37042
    County

    Listing Agent

    Number of Units

    Property Type

    Sqft

    This 16-unit multifamily property, built in 2005, consists entirely of 2 bed / 1 bath units. Tenants are responsible for their own water and electric, with utilities individually metered.

    Since purchasing the property, the owner has invested over $100,000 in improvements, including new flooring, interior paint, appliances, HVAC systems, decks, a fully renovated parking lot, and exterior fencing. Despite these upgrades, rents remain up to $250 below market value, with comparable properties in the area leasing for $1,100 per unit, offering a strong value-add opportunity for an investor looking to optimize performance.

    Investment Facts

    Year Built: 2005 Number of Buildings: 2 Unit Mix: 16 - 2/1 Exterior: Brick with composite shingle roofing Interior: Units remodeled.

    Investment Highlights

    • High Occupancy, Low Turnover: Strong leasing history with consistent tenant demand in the growing Clarksville rental market.
    • Low Maintenance: 16 two-bedroom apartments exterior cap ex completed
    • Prime Location: Buildings located next door to each other and are in a convenient part of Clarksville.
    Details
  • Value Add Triplex in Lawrenceburg

    Lawrence Street

    $140,000
    Address

    226 Lawrence Street, Lawrenceburg, TN 38464
    County

    Listing Agent

    Number of Units

    Property Type

    This value add triplex in Lawrenceburg is an exceptional investment opportunity located right next to the new technical school. With a total of 2,952 square feet, this property features three units: two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit.

    Investment Highlights

    • Projected Gross Monthly Income: $2,750, providing excellent rental income potential.
    • Updated Electrical: The electrical system has been redone and is ready for final approval.
    • Renovation Potential: Salvageable sheetrock and foundation correction needs create an ideal value-add project.
    • Individual Electric Meters: Streamlines tenant billing for easier management.
    • Proximity to Key Amenities: Located next to the new technical school, offering strong appeal for potential tenants.
    This value add triplex in Lawrenceburg presents an opportunity to enhance property value and increase rental income. Contact us today to learn more about this exciting investment.
    Details

  • Parker Street Villas

    $449,000
    Address

    1202-1208 Parker St. Columbia, TN 38401
    County

    Property Type

    Year Built

    Sqft

    Current Rent

    approx $4000/mo
    Listing Agent

    This small multifamily 4-structure property in Columbia, TN offers a solid investment opportunity for those looking to do the work of rehabbing old homes. Priced at $425,000, it includes four existing buildings on 0.53 acres, between 2 adjacent parcels, zoned SD-LI non-conforming (light industrial). The property with recent rents sits at an 7.6% cap rate and there's room to push that cap rate even higher with a bit of renovation. Renovated homes in the area are selling between $215,000 to $250,000, indicating strong equity potential. This property presents a chance to add desirable homes in a growing market.
    Details
  • Apartment for sale in Madison, TN

    Madison Gardens

    Status

    Active
    Address

    316 Nix Dr. Madison, TN 37115
    Number of Units

    Property Type

    Sqft

    Listing Agent

    Contact

    615-909-2278
    County

    Welcome to this exceptional investment opportunity - a 14-unit apartment complex located in Davidson County, just 15 minutes from downtown Nashville. Built in 1972, this fully occupied property offers tremendous value-add potential. Consisting of 1 bedroom/1 bathroom units, it caters specifically to investors looking for an income-generating asset. The classic charm, coupled with its great location, ensures a full rent role. Located just 6 minutes from the approved site of Madison Station, a $631 million work/live/play development, the long-term outlook for the area is very bright. Don't miss out on this excellent chance to acquire a profitable venture in this up and coming community.

    Investment Highlights

    Ability to Raise Rents - Currently the occupied unites are sitting below market rent based upon comparable properties in the area. Rents could be raised with minimal cap-ex, however some maintenance issues will be required to make units rent ready. Location - Securely located across the street from Metro Police Department's Madison Precinct, this property sits blocks from the new apartments currently under construction and just minutes from the proposed Madison Station mixed-use development.
    Details
  • Sale!

    Jefferson Flats

    Original price was: $1,900,000.Current price is: $1,750,000.
    Status

    Active
    Address

    2607 Jefferson St. Nashville, TN
    Number of Units

    Property Type

    Sqft

    Listing Agent

    Agent Email

    landon@ria-inc.com
    County

    Welcome to Jefferson Flats, a lucrative investment opportunity strategically positioned just minutes away from Tennessee State University and the vibrant heart of Downtown Nashville. This updated and well-maintained 12-unit apartment complex, spanning 7,300 square feet, presents a unique blend of prime location and strong rental potential. Originally constructed in 1963, Jefferson Flats has undergone extensive renovations, ensuring a modern and appealing living space for tenants. Each unit currently commands nearly $1,250 per month in rent, and with the opportunity to further align with market trends, there's room for increased returns in the coming year.

    Additionally, Jefferson Flats is approved for use as a Non-Owner-Occupied Short-Term Rental in Nashville, opening up an additional revenue stream for savvy investors looking to capitalize on Nashville's thriving tourism market. Jefferson Flats is not just an investment; it's a path to sustainable and growing returns in the heart of Music City.

    Property Overview:
    • Unit Composition: 12 - 2bd/1ba
    • Recent Updates: Large amount of capital has gone into this property since 2021 making it a turnkey investment.
    • HVAC Systems: PTAC HVAC install in all units
    • Utilities: Separate electric meters for each unit, enhancing tenant responsibility and reducing owner expenses.
    • Water Management: Master water paid by the seller with a RUBS (Ratio Utility Billing System) in place for most tenants, optimizing cost distribution.
    Structural Enhancements:
    • New Roof
    • Sewer Line Repair
    • Vapor Barrier installation
    • Building Supports
    • Exterior Lights
    • Electrical Panels
    • Water Heater Replacements
    • LVL Supports
    • Plumbing Repairs & Updates
    Convenience Features:
    • In Unit Laundry: All Units are equipped with in-unit laundry hook ups.
    • Location: Minutes from Downtown Nashville and TSU
    Details

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