Rainbow Terrace Homes with Stratton Elementary Elementary School

Welcome to Rainbow Terrace, a delightful subdivision nestled in the heart of Madison, Tennessee, within Davidson County. This charming community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Rainbow Terrace features a diverse array of homes, each with its unique character and charm. From cozy single-family residences to spacious two-story homes, there’s something for everyone in this welcoming neighborhood. The tree-lined streets and well-maintained yards create an inviting atmosphere that encourages outdoor activities and community gatherings.

One of the standout highlights of Rainbow Terrace is its proximity to Stratton Elementary School, a highly regarded institution known for its commitment to academic excellence and community involvement. Families will appreciate the short commute to school, allowing children to engage in after-school activities and fostering connections with their peers. The school’s dedicated staff and enriching programs provide a nurturing environment for young learners, making it a significant asset for families considering a move to this area.

Living in Rainbow Terrace means you’re just a stone’s throw away from the vibrant culture of Madison, with its diverse dining options, shopping venues, and recreational parks. Enjoy easy access to major highways, making commutes to downtown Nashville a breeze.

If you’re looking for a community that combines comfort, convenience, and a sense of belonging, Rainbow Terrace is the perfect place to call home. Discover the charm of this wonderful subdivision today!

Newest Rainbow Terrace Homes with Stratton Elementary Elementary School

$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

$265,000

3 Beds ⋅ 2 Baths ⋅ 3278592 MLS ⋅ ACTIVE Status ⋅ 0.22 Acres ⋅ 37115 Zip Code

Full of potential and ready for its next chapter! This 3-bedroom, 2-bath Madison home is a great opportunity for buyers looking to add their own style and make a home truly their own. With a functional floor plan, spacious living areas, plenty of natural light, and a large backyard, there is lots of room to bring your ideas to life. The home needs some TLC and updating, but with the right improvements, it could be a wonderful place to call home. Conveniently located near shopping, dining, parks, major interstates, and downtown Nashville.

411 Lanier Dr, Madison

$475,000

3 Beds ⋅ 2 Baths ⋅ 3263439 MLS ⋅ ACTIVE Status ⋅ 1.51 Acres ⋅ 37115 Zip Code

Completely renovated from the studs out, this like-new home sits on just over 1.5 acres offering plenty of room to enjoy with an easy commute to Nashville. Extensive updates include a new roof, siding, HVAC, plumbing, electrical, windows, drywall, flooring, appliances, and more. Inside, enjoy LVP flooring throughout (no carpet), a beautifully updated kitchen with leathered granite countertops, tile backsplash, and new stainless steel appliances. The spacious primary suite features a tiled shower, soaking tub, and oversized walk-in closet. Conveniently located near shopping and dining. Preferred lender incentives available with up to $4,500 toward buyer costs.

305 Randy Rd, Madison

$625,000

3 Beds ⋅ 2 Baths ⋅ 3248993 MLS ⋅ ACTIVE Status ⋅ 0.25 Acres ⋅ 37115 Zip Code

Welcome to 644 Cheryl Ave, a beautifully maintained single-level home built in 2018 and tucked away on a spacious quarter-acre lot in Madison. Offering 3 bedrooms, 2 full baths, and 1,905 square feet of thoughtfully designed living space, this home combines modern convenience with comfortable living. The open-concept layout features a spacious living area that flows seamlessly into the kitchen and dining space, creating the perfect setting for everyday living and entertaining. The kitchen is equipped with stainless steel appliances, ample cabinetry, and generous prep space. The private primary suite offers a relaxing retreat with double vanities and a walk-in shower, while the secondary bedrooms feature oversized closets and plenty of room to spread out. Enjoy morning coffee or unwind in the evenings on the inviting front porch or back deck overlooking the large backyard. With bamboo/cork and tile flooring, a convenient driveway, no HOA, and easy access to Nashville, shopping, dining, and local amenities, this move-in-ready home is one you won't want to miss.

644 Cheryl Ave, Madison

$384,900

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

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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.