




131 Park Ave, Gallatin, TN, 37066
About This Home
Income-producing duplex in Gallatin with leases in place through May 31. 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 May 31, 2026. Unit B $1,285/mo through May 31, 2026. Do not disturb tenants. Seller will refresh both units after tenants move out and an open house will tentatively take place the first weekend of June. 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!
Getting Around
Schools
Construction
Condition
- Year built: 1949
Materials
- Roof: Asphalt
- Construction materials: Frame,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Individual,Electric Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Flooring: Wood,Vinyl
- Finished area above ground: 1,550
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Electric
Interior Area
- Total structure area: 1,550
- Total interior livable area: 1,550 sqft
Property
Details
- Parcel number: 126F K 04400 000
- Attached to another structure: Yes
- Zoning: R-10
- Special condition: Standard
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 7,200 sqft
- Lot size dimensions: 50 x 144 IRR
Parking
- Total spaces: 4
- Parking features: Gravel,Shared Driveway
- Has uncovered spaces: Yes
- Uncovered spaces: 4
