304 Chambers St McMinnville, TN 37110
Estimated payment $2,241/month
Highlights
- Wood Flooring
- Cooling Available
- Wood Siding
- No HOA
- Ceiling Fan
- 5-minute walk to Riverfront Park
About This Home
28,166 NOI - 7.1 Cap Current | 41.4k NOI - 10 cap Proforma. Here’s an opportunity to capture a solid quadplex in a solid, quiet neighborhood in the growing McMinnville Market. With new windows, metal roofs, and some recent interior updates already taken care of, this is a light managerial value-add with great upsides. Each unit is a 2bd/1ba with approximately 870sf in each unit, and a washer/dryer hookup is available in each unit. Separate Electric & Master Water. 2 Annual leases and 2 M2M leases, currently. Great addition to a portfolio owner or a newer investor looking to get into multifamily investments with a smaller barrier of entry.
Listing Agent
Residential Investment Advisors Brokerage Phone: 6152819395 License #358686 Listed on: 12/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,959
Year Built
- Built in 1978
Home Design
- Quadruplex
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 3,480 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Laminate
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Driveway
- Parking Lot
Schools
- Hickory Creek Elementary School
- Warren County Middle School
- Warren County High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for water
- Rent includes water
- Assessor Parcel Number 068K A 01700 000
Community Details
Overview
- No Home Owners Association
- 4 Units
- Orsborn Sub Subdivision
Building Details
- Operating Expense $10,234
- Gross Income $38,400
- Net Operating Income $28,166
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $395,000 | -- | $114 / Sq Ft |
Source: Realtracs
MLS Number: 3061309
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