145 Rio Vista Dr, Madison, TN 37115

$500,000
3
BD
3
BA
1,845
SqFt

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Sold Price
$500,000
List Price
$489,000
Status
CLOSED
Days on Market
188
Closing Date
Apr 14, 2026
MLS#
3013479
Subtype
Residential
Year Built
2021
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
1,845
Lot Size
20,037
Acres
0.46
Subdivision
Anderson Estates

Property Description

Tenant occupied leased @ $2,850/mo — 10 min to Rivergate, 15 to Downtown. Turn-key 6%+ cap rate with rare 2.375% VA loan assumption option for VA-qualified buyer. Modern home, fenced yard, income now or move-in later! This beautiful property offers immediate cash flow for investors or a future move-in opportunity for owner-occupants. Located in a high-growth Madison corridor, it features tall ceilings, an open floor plan, and durable finishes that keep maintenance low and tenants happy. The spacious kitchen with large island and stainless-steel appliances flows into bright living areas, perfect for entertaining. A fully fenced, oversized backyard provides privacy and outdoor enjoyment. With its prime location and strong rent this home delivers exceptional value and long-term flexibility. Do not disturb tenants. Showings by appointment only with 24-hour notice.

Additional Information

Exterior Construction
Fiber Cement, Hardboard Siding
Stories
2
Elementary School
Amqui K-8 School
Middle School
Neely's Bend Middle
High School
Hunters Lane Comp High School

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Listing courtesy of Benchmark Realty. Selling Office: Benchmark Realty.

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