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404 Elm St

Madison, TN 37115

3 beds
2 baths
1,216 sqft
$316 per sqft
1946 build
– on site

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 living space, a guest suite, studio, or rental unit. 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

Listing courtesy of REALTRACS / Exit Real Estate Solutions

Last checked: Checking… • Last updated May 6, 2025 •

MLS# 2824957 —

The Building

Year Built:

1946
Year Built Details:

EXIST
New Construction:

false
Construction Materials:

Frame
Architectural Style:

Cottage
Roof:

Asphalt
Stories:

1
Levels:

One
Basement:

Crawl Space
Other Equipment:

Satellite Dish
Exterior Features:

Storage Building
Patio And Porch Features:

Deck
Building Area Units:

Square Feet
Building Area Total:

1216
Building Area Source:

Assessor
Above Grade Finished Area:

1216
Above Grade Finished Area Units:

Square Feet
Above Grade Finished Area Source:

Assessor
Below Grade Finished Area Source:

Assessor
Below Grade Finished Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s), Open Floorplan, High Speed Internet
Flooring:

Carpet, Laminate
Fireplace:

false
Laundry Features:

Electric Dryer Hookup, Washer Hookup

Room Dimensions

Living Area:

1216
Living Area Units:

Square Feet
Living Area Source:

Assessor

Location

Directions:

31E North to Madison, Rt. On Newley’s Bend Rd. Left. On Forest Park Rd. Left on Elm. Home is on your Left.
Latitude:

36.25992821
Longitude:

-86.70523223

The Property

Parcel Number:

04313038000
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Features:

Level
Lot Size Acres:

0.22
Lot Size Dimensions:

50 X 200
Lot Size Area:

0.22
Lot Size Units:

Acres
Lot Size Source:

Assessor
View:

false
Fencing:

Chain Link
Property Attached:

false

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2092

Beds

Bedrooms Total:

3
Main Level Bedrooms:

3

Baths

Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Water Available, Cable Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Electric Oven, Electric Range, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer

Schools

Elementary School:

Stratton Elementary
Middle Or Junior School:

Madison Middle
High School:

Hunters Lane Comp High School

The Community

Subdivision Name:

Forest Park
Senior Community:

false
Waterfront:

false
Pool Private:

false
Association:

false

Parking

Parking Total:

3
Parking Features:

Detached, Driveway
Garage:

true
Attached Garage:

false
Garage Spaces:

1
Covered Spaces:

1
Carport:

false
Open Parking Spaces:

2

Monthly cost estimate

Asking price

$385,000

Expense	Monthly cost
Mortgage	$2,061
Taxes	$174
Insurance	$105
Utilities	$165 See report
Total	$2,505/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/30/25 Apr 30, 2025	Listed / Active	REALTRACS	$385,000	67.4% (11.5% / YR)
6/14/19 Jun 14, 2019		REALTRACS	$230,000	-4.1%
4/25/19 Apr 25, 2019		REALTRACS	$239,955

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This house located in Madison, Nashville, TN 37115 is currently for sale for $385,000. 404 Elm St is a 1,216 square foot house with 3 beds and 2 baths that has been on Estately for 10 days. 404 Elm St is in the Madison neighborhood of Nashville and has a WalkScore® of 44, making it car-dependent. This house is in the attendance area of Hunters Lane High School.

Listing Courtesy of: REALTRACS and Exit Real Estate Solutions.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Estately are marked with the REALTRACS IDX Logo. REALTRACS and Estately deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and Estately assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.