Rainbow Terrace Homes with Stratton Elementary Elementary School

Welcome to Rainbow Terrace, a vibrant subdivision nestled in the heart of Madison, Davidson County, Tennessee. This charming community offers a perfect blend of suburban living and urban convenience, making it an ideal place to call home.

Rainbow Terrace is located in the city of Madison, known for its friendly atmosphere and close-knit community. Situated in Davidson County, residents of Rainbow Terrace have easy access to all the amenities and attractions this bustling county has to offer.

One of the highlights of Rainbow Terrace is its proximity to Stratton Elementary School. For families with young children, this is a significant advantage. The school is renowned for its excellent academic programs and dedicated faculty, ensuring that your child receives a top-notch education.

The homes in Rainbow Terrace are designed to cater to various lifestyles and preferences. From cozy single-family houses to spacious townhomes, there is a wide range of options available. The neighborhood boasts well-maintained streets, lush green spaces, and a sense of community that is hard to find elsewhere.

In terms of location, Rainbow Terrace is conveniently situated near major highways, making commuting to downtown Nashville or other parts of Davidson County a breeze. Additionally, residents can enjoy easy access to shopping centers, restaurants, parks, and recreational facilities, ensuring that there is always something to do for everyone.

If you are looking for a welcoming community with great schools and convenient access to amenities, Rainbow Terrace is the perfect place to settle down. Come and discover the joys of living in this delightful subdivision.

Newest Rainbow Terrace Homes with Stratton Elementary Elementary School

$475,000

3 Beds ⋅ 2 Baths ⋅ 3541356 MLS ⋅ ACTIVE Status ⋅ 1.51 Acres ⋅ 37115 Zip Code

OPEN HOUSE, Sunday, 9/13, 2pm-4pm! **Motivated Seller!** 1.5 acres and beautifully renovated from the studs out! This move-in-ready home has been completely transformed inside and out, with plenty of space to enjoy and an easy commute to Nashville. Major improvements include a new roof, siding, HVAC, plumbing, electrical, windows, drywall, flooring, appliances, and more. Inside, you’ll find LVP flooring throughout—no carpet—and an updated kitchen with leathered granite countertops, tile backsplash, and stainless appliances. The spacious primary suite is a standout, featuring a tiled shower, soaking tub, and oversized walk-in closet. Conveniently located near shopping, dining, and everyday amenities. Plus, qualified buyers may receive up to $4,500 toward buyer costs when using the preferred lender!

305 Randy Rd, Madison

$279,900

3 Beds ⋅ 1 Baths ⋅ 3309054 MLS ⋅ ACTIVE Status ⋅ 0.2 Acres ⋅ 37115 Zip Code

A fantastic opportunity for a first-time buyer looking to make Madison home or an investor searching for their next property. Priced at $279,900, this charming three-bedroom cottage offers nearly 1,500 square feet in a fantastic neighborhood surrounded by continued growth and development. Hardwood floors run throughout much of the home, with great natural light and plenty of the character that makes these classic Madison cottages so appealing. The home is turnkey and ready to enjoy as it sits, while still offering plenty of opportunity to add your own style and take it to the next level over time. Whether you’re looking for an approachable entry point into the Nashville market, a home you can make your own, or an investment in one of the city’s evolving neighborhoods, this one offers a hard-to-find combination of space, character, location, and potential, all for under $300,000

644 Carmel Ave, Madison

$374,900

3232179 MLS ⋅ ACTIVE Status ⋅ 37115 Zip Code

Great opportunity to own an income-producing duplex in the growing Madison submarket of Nashville! Located at 705-707 Neelys Bend Rd, this property offers immediate upside with one unit currently rented thru 5/21/27 paying $1,125/mo. while the other side is occupied on a month-to-month lease at $995/month (under market), creating flexibility for investors or owner-occupants. The property provides strong potential for increased cash flow through rental adjustments, updates, or long-term hold appreciation as Madison continues to see steady redevelopment and investment activity. Conveniently positioned near Ellington Parkway, Rivergate, and downtown Nashville, the location offers easy access to shopping, restaurants, parks, and major commuter routes. Duplex properties with built-in income and value-add potential remain in high demand throughout the Nashville market. Whether you’re looking to expand your rental portfolio, house hack with one side vacant, or secure a stable investment in a growing area, this property presents multiple opportunities. Strong rental demand and continued neighborhood growth make this an attractive addition for both seasoned and first-time investors alike. Property being sold as-is.

705 Neelys Bend Rd, Madison

Start Your Search

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.