535 Lafayette Rd, Lot 5

8
Baths
4,792 Sq. Ft.
$135 / Sq. Ft.
4,792
Sq. Ft.
$135
per Sq. Ft.

Description

Seller Paid PERMANENT RATE BUY DOWN with Sellers' Preferred Lender! Ask for details. Great income property that is fully occupied with $4790 a month in rent roll, managed professionally by a local manager with no issues. You can close and walk right into a turnkey income property. Each unit is 3 bedrooms with a large family bathroom upstairs, downstairs is an open concept living kitchen, and living room, with a 1/2 bath and an attached garage for each unit! Newer HVAC and roof. Land use is commercial....Seller Paid PERMANENT RATE BUY DOWN with Sellers' Preferred Lender! Ask for details. Great income property that is fully occupied with $4790 a month in rent roll, managed professionally by a local manager with no issues. You can close and walk right into a turnkey income property. Each unit is 3 bedrooms with a large family bathroom upstairs, downstairs is an open concept living kitchen, and living room, with a 1/2 bath and an attached garage for each unit! Newer HVAC and roof. Land use is commercial. Zoning Code is R-4 Multi Family Residential, offering flexibility to use to live in one, long-term rent the others, or even do NOO STR AirBnB investment, and you can take advantage of the new tax laws and 100% Bonus Depreciation! VA and FHA eligible, if you want to occupy the unit with the lease up!

Listing Agent

  1. Ethan Lanagan

    Ethan Lanagan

    Listing Agent

    Compass

    ethan.lanagan@compass.com

    P: (615)-707-0321

Property Details for 535 Lafayette Road

Subdivision Name
Lafayette Road Apart
Waterfront
No
LISTING UPDATED: 01/23/2026 09:20 PM

Property Details for 535 Lafayette Road

StatusClosed
MLS #2975979
Days on Market123
Taxes$8,742 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2007
Lot Size-
CountyMontgomery County

Location

Sold By Compass RE, Ethan Lanagan (615.707.0321)

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Building Information for 535 Lafayette Road

Stories2Residences4Year Built2007Building Size-Lot Size-

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$3,892 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,163

Property Taxes

$729

HOA Dues

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Property Information for 535 Lafayette Road

Summary
Location and General Information
  • Directions: Ft Campbell blvd to Lafayette Rd. Building is 1.2 miles down on right.
  • Elementary School: Minglewood Elementary
  • High School: Northwest High School
  • Levels: Two
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Middle Or Junior School: New Providence Middle
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Total Non Garage Parking Spaces: 8.0
  • Garage Spaces: 1.00
  • Parking Features: Garage Faces Front, Concrete, Parking Lot
  • Parking Total: 9.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Appraiser
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Appraiser
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Appraiser
  • Building Area Units: Square Feet
  • Flooring: Carpet, Tile
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 063043J F 00700 00007043J
  • Structure Type: Quadruplex
Property and Assessments
  • Construction Materials: Brick
  • Documents Count: 2
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 2
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: Yes
  • Covered Spaces: 1.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Pool Private: No
  • Roof: Shingle
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Unit 1
  • Unit Type Actual Rent: $1,225.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Type Actual Rent: $1,175.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 3
  • Unit Type Actual Rent: $1,195.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 4
  • Unit Type Actual Rent: $1,195.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Rental Information
Rental Information
  • Rent Includes: None
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $4,790

Property History for 535 Lafayette Road

DateEvent & SourcePriceAppreciation
Jan 23, 2026

Closed

REALTRACS #2975979

$649,000
Dec 24, 2025

Contract - Not Showing

REALTRACS #2975979

Dec 24, 2025

Contract - Showing

REALTRACS #2975979

Aug 22, 2025

Listed (Active)

REALTRACS #2975979

$650,000
DateEvent & SourcePrice
01/23/2026

Closed

REALTRACS #2975979

$649,000
12/24/2025

Contract - Not Showing

REALTRACS #2975979

12/24/2025

Contract - Showing

REALTRACS #2975979

08/22/2025

Listed (Active)

REALTRACS #2975979

$650,000

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

Schools near 535 Lafayette Road

This home is within Montgomery County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Minglewood Elementary School
PublicPK to 5

New Providence Middle School
Public6 to 8

Northwest High School
Public9 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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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.

Based on information submitted to the MLS GRID as of 01/23/2026 09:20 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.