$349,000

266 Karate Ln McMinnville, TN 37110

Estimated payment $2,100/month

Total Views 573
6 Beds
4 Baths
3,000 Sq Ft
$116 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Heating Available

About This Home

Recently remodeled duplex, rented and ready to become your next real estate investment. Each unit is a 3 bedroom 2 bath that comes with refrigerator, microwave, and washer and dryer. Paved parking. Great location just across Hwy. 55 from the Warren County Senior High School. Just a stone's throw away from the nearest Dollar General. Comes with an extra undeveloped acre that could possibly be used to expand your rental portfolio.

Listing Agent

David Simpson

D.M. Simpson Realtors & Auctioneers Brokerage Phone: 9314735263 License #255069 Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 1980

Lot Details

  • 1.68 Acre Lot

Parking

  • Paved Parking

Home Design

  • 3,000 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Hickory Creek Elementary And Middle School
  • Hickory Creek High School

Utilities

  • Central Air
  • Heating Available
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 026.02

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,393

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Attribution Contact: 9314735263
  • Directions: From the Hwy. 70S & Hwy 56 intersection in McMinnville head west on US-70S W and then continue onto Hwy. 55 4.9 mi. Use the right lane to take the TN-55 BUS ramp to McMinnville. Turn left onto John Cantrell Rd. Turn left onto Karate Ln.
  • Prop. Type: Residential Income
  • Year Built: 1980
  • Property Sub Type: Duplex
  • Lot Size Acres: 1.68
  • Lot Size: 331 x 175 IRR
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Electric Oven, Refrigerator, Electric Range, Washer, Dryer
  • Flooring: Vinyl
  • Total Bedrooms: 6
  • Entry Location: Unit 1 Location(L),Unit 2 Location(U)
  • Living Area: 3000

Exterior Features

  • Roof: Composition, Shingle
  • Construction Type: Frame, Block, Brick, Vinyl Siding
  • Property Condition: Unit 1 Condition(Good), Unit 2 Condition(Good)

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, MES
  • Heating: Electric
  • Sewer: Septic Tank
  • Gas Company: None
  • Laundry Features: Unit 1 Wshr/Dryr Hookup, Unit 2 Wshr/Dryr Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, Separate Meter, City of McMinnville

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hickory Creek
  • High School: Hickory Creek
  • Middle Or Junior School: Hickory Creek

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 026.02

Rental Info

  • Lease Term: Unit 1 Lease Term(Month),Unit 2 Lease Term(Month)

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Number Of Units Vacant: 2
  • Total Actual Rent: 2200

Tax Info

  • Tax Annual Amount: 2393
  • Tax Book Number: 624
  • Tax Map Number: 078

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $58,840 $16,880 $41,960
2023 $2,270 $58,840 $16,880 $41,960
2022 $2,130 $55,800 $15,080 $40,720
2021 $2,130 $55,800 $15,080 $40,720
2020 $1,032 $55,800 $15,080 $40,720
2019 $2,298 $53,120 $13,800 $39,320
2018 $1,431 $42,880 $13,800 $29,080
2017 $1,431 $35,360 $13,800 $21,560
2016 $1,431 $35,360 $13,800 $21,560
2015 $1,441 $35,360 $13,800 $21,560
2014 $1,859 $35,360 $13,800 $21,560
2013 $1,859 $45,494 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $349,000 +49.7% $116 / Sq Ft
10/04/2023 10/04/23 Sold $233,200 -13.5% $78 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $269,500 -55.0% $90 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
12/09/2020 12/09/20 For Sale $599,000 +413.7% $200 / Sq Ft
06/25/2018 06/25/18 Sold $116,600 -- $39 / Sq Ft
Source: Upper Cumberland Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $233,200 Waterstone Title
Warranty Deed $125,000 None Available
Warranty Deed $116,600 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $174,900 New Conventional
Previous Owner $93,280 New Conventional
Source: Public Records

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Source: Upper Cumberland Association of REALTORS®

MLS Number: 238733

Upper Cumberland Association of REALTORS®

APN: 078-026.02

Tennessee Warren County McMinnville 37110

266 Karate Ln, McMinnville, TN

This home is located at 266 Karate Ln, McMinnville, TN 37110 and is currently priced at $349,000, approximately $116 per square foot. This property was built in 1980. 266 Karate Ln is a home located in Warren County with nearby schools including Hickory Creek Elementary School, Warren County Middle School, and Warren County High School.

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Upper Cumberland Association of REALTORS® Copyright 2025 Upper Cumberland Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors.
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David Simpson
Listing Agent
David Simpson
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D.M. Simpson Realtors & Auctioneers
(931) 429-3828