MLS# RTC2824957 – 404 Elm St, Madison, TN 37115

$385,000 - 3Br/2Ba - for Sale in Forest Park, Madison

Price: $385,000

Beds: 3

Baths: 2

Living Area SqFt: 1,216

Status: Active

Property Type: Single Family Residence

Lot Size Acres: 0.22

Lot Size SqFt: 9,583

Year Built: 1946

Neighborhood: Forest Park

Days on Website: 18

Courtesy of Exit Real Estate Solutions.

Property Description

Charming Remodeled Cottage with Income Potential, Barn Garage & Entertainer’s Dream Deck Welcome to this beautifully remodeled 3-bedroom, 2-bath cottage, where comfort meets opportunity. Updated in 2019, this home features an expansive open-concept kitchen and living area—perfect for gatherings, hosting, or simply relaxing in style. A spacious Master suite with private bath separate from the other bedrooms make it a relaxing area. The large living space opens to a generous deck, ideal for entertaining under the stars or enjoying peaceful outdoor mornings. . Located in the heart of Madison, this home is minutes from Downtown & 15 min. to Opry Mills mall & Opryland Hotel. You can also enjoy grabbing some coffee at Madtown Coffee a minute away and walking convenience to many other restaurants and shopping near by! Sitting on a spacious lot with lots of potential, this property includes a two-story barn-style garage—a fantastic opportunity to convert into additional work space, suite, studio, or a man cave/she shed. This home also holds an active Airbnb certificate and enjoys a strong booking history, currently paying for itself—making it an incredible income-generating investment from day one. Whether you’re an investor, a host, or a homeowner seeking charm and future growth, this property is brimming with potential. Agents/Buyers to confirm all information. . Preferred Lender offering $3000 credit + free appraisal. Call Cecilia Verissimo with NEXA mortgage 615-782-1688

Property Details and Features

Appliances & Equipment
Description: “Electric Oven”, “Electric Range”, “Dishwasher”, “Disposal”, “Dryer”, “Ice Maker”, “Microwave”, “Refrigerator”, “Stainless Steel Appliance(s)”, “Washer”

Basement
Description: “Crawl Space”

Bathrooms
Full Bathrooms: 2
Half Bathrooms: 0

Bedrooms
Total Bathrooms: 3
Main Level Bedrooms: 3

Building
Finished Area Above Grade: 1216
Area: 1216
Architecture: “Cottage”
Building Area: 1216
Construction Materials: “Frame”
Levels: “One”
Stories: 1
Year Built: 1946
Year Built Details: EXIST

Cooling
Details: “Central Air”

Exterior Features
Patio Features: “Deck”

Fence
Description: “Chain Link”

Fireplaces
Total Fireplaces: 0

Floors
Flooring: “Carpet”, “Laminate”

Garage
Garage Spaces: 1

Heating
Heating: “Central”

Laundry
Description: “Electric Dryer Hookup”, “Washer Hookup”

Listing
Days on Market: 16
Listing Price: 385000
Status: Active

Location
Address: 404 Elm St
City: Madison
State: TN
Zip: 37115
County: Davidson County, TN
Subdivision: Forest Park
Directions: 31E North to Madison, Rt. On Newley’s Bend Rd. Left. On Forest Park Rd. Left on Elm. Home is on your Left.

Lot
Features: “Level”
Acres: 0.22
Size: 0.22
Dimensions: 50 X 200
Size Source: Assessor
Size Units: Acres

Parking
Covered Spaces: 1
Parking Total: 3

Property
Description: “Satellite Dish”

Roof
Description: “Asphalt”

Schools
Elementary: Stratton Elementary
Middle/Junior High: Madison Middle
High School: Hunters Lane Comp High School

Utilities
Sewer: “Public Sewer”
Water Source: “Public”
Utilities: “Water Available”, “Cable Connected”

Property Map

$385,000 – 404 Elm St, Madison, TN 37115

Street View

Nearby Schools

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