151 Covington Ln

$799,900
Price
8
Beds
8
Baths
5,491 Sq. Ft.
$146 / Sq. Ft.
5,491
Sq. Ft.
$146
per Sq. Ft.

Description

Meets 1% rule and over 8% cap with full occupancy. Located just an hour drive west of Nashville. 6 rentable units - 4 residential apartments, 1 seperate garage/storage, and 1 warehouse/commercial. 5 acre property consisting of residential quadplex with full unfinished basement and 2700 sq ft metal building. Shop has finished area w/ office with bathroom. Acreage is flat and mostly clear. Quiet and secluded location. Also not far from town. Res quad units have had renovations. No HOA. Commercial zoning....Meets 1% rule and over 8% cap with full occupancy. Located just an hour drive west of Nashville. 6 rentable units - 4 residential apartments, 1 seperate garage/storage, and 1 warehouse/commercial. 5 acre property consisting of residential quadplex with full unfinished basement and 2700 sq ft metal building. Shop has finished area w/ office with bathroom. Acreage is flat and mostly clear. Quiet and secluded location. Also not far from town. Res quad units have had renovations. No HOA. Commercial zoning. Could be great for investors but also for house hackers - can purchase with FHA and conventional.
  1. Listed by William (Trey) Sugg • Realty One Group Music City

Property Details for 151 Covington Lane

Subdivision Name
county
Waterfront
No
LISTING UPDATED: 11/24/2025 07:26 PM

Property Details for 151 Covington Lane

StatusActive
MLS #3008963
Days on Market83
Taxes$3,349 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1983
Lot Size-
CountyDickson County

Location

Listing Courtesy of Realty One Group Music City, William (Trey) Sugg (615.943.1644)
Add your commute

Building Information for 151 Covington Lane

Stories1Residences6Year Built1983Building Size-Lot Size-

Payment Calculator

$4,232 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,953

Property Taxes

$279

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 151 Covington Lane

Summary
Location and General Information
  • Directions: I-40W; Exit 172 for TN-46 toward Centerville/Dickson; turn R onto TN-46N; in 1.2 miles turn L onto Pomona Rd; in 1.4 miles turn R onto W Grab Creek Rd; L onto Murrell Rd; R onto E Piney Rd; L onto Covington
  • Elementary School: Centennial Elementary
  • High School: Dickson County High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Dickson Middle School
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Total Non Garage Parking Spaces: 8.0
  • Garage Spaces: 2.00
  • Parking Features: Garage Faces Side, Driveway, Gravel
  • Parking Total: 10.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Carpet, Laminate
Lot Information
  • Lot Size Units: Acres
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Brick
  • Documents Count: 0
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Renovated
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Private
Interior and Exterior Features
Interior Features
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: No
  • Covered Spaces: 2.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Pool Private: No
  • Roof: Shingle
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Unit 1
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
Unit 3
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
Unit 4
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
Rental Information
Rental Information
  • Rent Includes: None
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $6,400

Property History for 151 Covington Lane

DateEvent & SourcePriceAppreciation
Oct 2, 2025

Listed (Active)

REALTRACS #3008963

$799,900—
Sep 24, 2025

Withdrawn

REALTRACS #2816260

$799,900—
Aug 19, 2025

Contract - Showing

REALTRACS #2816260

—
Jun 7, 2025

Price Change

REALTRACS #2816260

$824,000—
May 27, 2025

Price Change

REALTRACS #2816260

$825,000—
Apr 19, 2025

Price Change

REALTRACS #2816260

$885,000—
Apr 10, 2025

Listed (Active)

REALTRACS #2816260

$995,000—
Dec 31, 2024

Expired

REALTRACS #2582807

$749,500—
May 5, 2024

Contract - Showing

REALTRACS #2582807

—
Mar 25, 2024

Price Change

REALTRACS #2582807

$749,900—
Mar 19, 2024

Price Change

REALTRACS #2582807

$764,500—
Feb 28, 2024

Price Change

REALTRACS #2582807

$769,500—
Oct 4, 2023

Listed (Active)

REALTRACS #2582807

$779,900—
Mar 27, 2021

Closed

REALTRACS #2057236

$410,000—
Mar 25, 2021

Closed (Public Record)

Public Record #1506409616

$410,000—
Jun 4, 2020

Contract - Not Showing

REALTRACS #2057236

—
May 11, 2020

Price Change

REALTRACS #2057236

$424,900—
Jul 2, 2019

Listed (Active)

REALTRACS #2057236

$650,000—
Jun 20, 2018

Active - Not Showing

REALTRACS #1942336

—
Jun 19, 2018

Listed (Active)

REALTRACS #1942336

$699,000—
Jun 6, 2018

Withdrawn

REALTRACS #1918016

—
May 30, 2018

Expired

REALTRACS #1836100

$799,000—
Apr 6, 2018

Listed (Active)

REALTRACS #1918016

$799,000—
Jun 10, 2017

Listed (Active)

REALTRACS #1836100

$799,000—
DateEvent & SourcePrice
10/02/2025

Listed (Active)

REALTRACS #3008963

$799,900
09/24/2025

Withdrawn

REALTRACS #2816260

$799,900
08/19/2025

Contract - Showing

REALTRACS #2816260

—
06/07/2025

Price Change

REALTRACS #2816260

$824,000
05/27/2025

Price Change

REALTRACS #2816260

$825,000
04/19/2025

Price Change

REALTRACS #2816260

$885,000
04/10/2025

Listed (Active)

REALTRACS #2816260

$995,000
12/31/2024

Expired

REALTRACS #2582807

$749,500
05/05/2024

Contract - Showing

REALTRACS #2582807

—
03/25/2024

Price Change

REALTRACS #2582807

$749,900
03/19/2024

Price Change

REALTRACS #2582807

$764,500
02/28/2024

Price Change

REALTRACS #2582807

$769,500
10/04/2023

Listed (Active)

REALTRACS #2582807

$779,900
03/27/2021

Closed

REALTRACS #2057236

$410,000
03/25/2021

Closed (Public Record)

Public Record #1506409616

$410,000
06/04/2020

Contract - Not Showing

REALTRACS #2057236

—
05/11/2020

Price Change

REALTRACS #2057236

$424,900
07/02/2019

Listed (Active)

REALTRACS #2057236

$650,000
06/20/2018

Active - Not Showing

REALTRACS #1942336

—
06/19/2018

Listed (Active)

REALTRACS #1942336

$699,000
06/06/2018

Withdrawn

REALTRACS #1918016

—
05/30/2018

Expired

REALTRACS #1836100

$799,000
04/06/2018

Listed (Active)

REALTRACS #1918016

$799,000
06/10/2017

Listed (Active)

REALTRACS #1836100

$799,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 151 Covington Lane

Taxable ValueLand$33,080Additions$263,560Total$296,640
Tax Record2024$5,013 ($418 / month)
Home Facts
Total Finished SqFt5,491 SqFtAbove Grade Finished SqFt5,491 SqFtUnfinished Basement SqFt5,491 SqFtStories1Lot Size222,156 SqFtStyleMulti-Family Res (5+ Units)Year Built1986CountyDICKSONAPN121 02502

Schools near 151 Covington Lane

This home is within Dickson County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Centennial Elementary School
PublicPK to 5

Dickson Middle School
Public6 to 8

Dickson County High School
Public9 to 12

Special Services
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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151 Covington Lane is a multi-family home for sale in Dickson, TN 37055. This property was listed for sale on October 2, 2025 by Realty One Group Music City, it's currently listed at $799,900. It has been on the market for a total of 83 days and was last sold on March 27, 2021. This listing's school district is Dickson County School District. Nearby schools include Centennial Elementary School, Dickson Middle School and Dickson County High School. 151 Covington Lane is a 8-bed, 8-bath, 5,491 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group Music City, William (Trey) Sugg (615.943.1644)

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/25/2025 10:01 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.