304 Chambers St, McMinnville, TN 37110

Local realty services provided by:Reliant Realty ERA Powered
304 Chambers St,McMinnville, TN 37110
$395,000
  • - Beds
  • - Baths
  • 3,480 sq. ft.
  • Multi-family
  • Active
Listed by: albert (drake) l. drake
Office: residential investment advisors
MLS#:3061309
Source:NASHVILLE

Price summary

  • Price:$395,000
  • Price per sq. ft.:$113.51

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.

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Home facts

  • Year built:1978
  • Listing ID #:3061309
  • Added:17 day(s) ago
  • Updated:December 30, 2025 at 03:18 PM

Rooms and interior

  • Living area:3,480 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Electric
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:1978
  • Building area:3,480 sq. ft.

Schools

  • High school:Warren County High School
  • Middle school:Warren County Middle School
  • Elementary school:Hickory Creek School

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$113.51
  • Tax amount:$1,959
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