$275,000
UNDER CONTRACT $10K PRICE DROP

201&203 3rd Ave NE Winchester, TN 37398

Estimated payment $1,498/month

Total Views 2,473
4 Beds
2 Baths
1,344 Sq Ft
$205 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Heating Available

About This Home

Incredible Dual-Home Investment Opportunity in the Heart of Winchester! Unlock immediate cash flow with TWO separate 2-bedroom, 1-bath homes situated on a single parcel in a sought-after Winchester location. Each home is currently leased at $340 per week—making this an ideal turnkey investment. Perfect for both seasoned investors and newcomers to the rental market, these low-maintenance properties offer strong rental appeal in a vibrant, well-connected community. Whether you hold for long-term growth or value-add potential, this is a rare chance to own two income-generating residences. Schedule your showing today!

Listing Agent

Lindsey Bruce

Brokerage Phone: 9314008820 License #359412 Listed on: 08/27/2025

Co-Listing Agent

Tammy Jo Atkins

Brokerage Phone: 9314008820 License #326947

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $598

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150

Home Design

  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$598

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Attribution Contact: 9314008820
  • Directions: From Franklin Co Courthouse: Head southwest on 1st Ave NE/Dinah Shore Blvd toward N Jefferson St,Turn right onto N Jefferson St,Turn right onto 3rd Ave NE, Homes on the Left.
  • Prop. Type: Residential Income
  • Year Built: 1940
  • Property Sub Type: Other Multi-Family
  • Lot Size: 100 x 150
  • Road Surface Type: Paved
  • Co List Office Mls Id: 527
  • Co List Office Phone: 931-400-8820
  • Special Features: UnderContract

Interior Features

  • Appliances: Electric Water Heater, Electric Oven, Refrigerator, Electric Range
  • Has Basement: Crawl Space
  • Flooring: Carpet, Hardwood, Tile
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1344

Exterior Features

  • Roof: Metal
  • Construction Type: Frame, Vinyl Siding

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Winchester Utility
  • Heating: Electric
  • Sewer: Public Sewer
  • Gas Company: Separate Meter, Winchester Utility
  • Laundry Features: Unit 1 Wshr/Dryr Hookup, Unit 2 Wshr/Dryr Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, Winchester Utility

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Parcel #: 010.00

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Number Of Units Vacant: 2
  • Total Actual Rent: 680

Tax Info

  • Tax Annual Amount: 597.76
  • Tax Map Number: 065N

Map

Range of Values:

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Value Increase
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Percent Increase
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 Price Changed $275,000 -0.9% $205 / Sq Ft
10/20/2025 10/20/25 Price Changed $277,500 -0.2% $206 / Sq Ft
10/07/2025 10/07/25 Price Changed $278,000 -0.7% $207 / Sq Ft
09/17/2025 09/17/25 Price Changed $279,900 -1.8% $208 / Sq Ft
08/27/2025 08/27/25 For Sale $285,000 -- $212 / Sq Ft
Source: Upper Cumberland Association of REALTORS®

Source: Upper Cumberland Association of REALTORS®

MLS Number: 238928

Upper Cumberland Association of REALTORS®
Tennessee Franklin County Winchester 37398

201&203 3rd Ave NE, Winchester, TN

Under Contract

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Lindsey Bruce
Listing Agent
Lindsey Bruce
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(931) 557-6147