Closed

$532,000

1056 E Van Hook St, Milan, TN 38358

0beds

--baths

5,130sqft

Single Family Residence, Residential

Built in 2004

0.38 Acres Lot

$469,700 Zestimate^®

$104/sqft

$1,891 Estimated rent

Home value

$469,700

$413,000 - $521,000

$1,891/mo

Zestimate^® history

Owner options

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$1,891/mo

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$1,891/mo

Rent Zestimate^®

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$3,212/mo

Est. payment

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$3,212/mo

Est. payment

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What's special

Investor opportunity in Milan, TN: Stabilized strip mall with established tenants including World Finance, Security Finance, and Cash Express — all in place for 15+ years. Strong in-place income with a cap rate over 7% (net of taxes and insurance). Proven tenancy, consistent cash flow, and low turnover make this a solid addition to any portfolio.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0

Heating

Central

Cooling

Central Air

Appliances

Included: None

Features

Flooring: Other
Basement: None

Interior area

Total structure area: 5,130
Total interior livable area: 5,130 sqft
Finished area above ground: 5,130

Property

Features

Levels: One
Stories: 1

Lot

Size: 0.38 Acres

Details

Parcel number: 140D C 00900 000
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Other

Condition

New construction: No
Year built: 2004

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Available

Community & HOA

HOA

Has HOA: No

Location

Region: Milan

Financial & listing details

Price per square foot: $104/sqft
Tax assessed value: $401,100
Annual tax amount: $5,647
Date on market: 4/25/2025

Price history

Date	Event	Price
10/28/2025	Sold	$532,000-11.3%$104/sqft
Source: RealTracs MLS as distributed by MLS GRID #2823097 Report a problem
9/17/2025	Pending sale	$600,000$117/sqft
Source: RealTracs MLS as distributed by MLS GRID #2823097 Report a problem
4/25/2025	Listed for sale	$600,000+64.4%$117/sqft
Source: RealTracs MLS as distributed by MLS GRID #2823097 Report a problem
4/13/2022	Sold	$365,000+21.7%$71/sqft
Source: Public Record Report a problem
10/19/2021	Sold	$300,000+233.3%$58/sqft
Source: Public Record Report a problem
8/7/2002	Sold	$90,000$18/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,647	$160,440
2024	$5,647 +0.5%	$160,440 +38.9%
2023	$5,617 +1.5%	$115,480
2022	$5,537 -1.4%	$115,480
2021	$5,617	$115,480
2020	$5,617	$115,480
2019	$5,617 +7.3%	$115,480 -0.8%
2018	$5,234 0%	$116,360
2017	$5,234 +58%	$116,360
2016	$3,312 -33.2%	$116,360
2015	$4,960	$116,360
2014	$4,960	$116,360

Find assessor info on the county website

Neighborhood: 38358

Nearby homes

Nearby schools

GreatSchools rating

7/10
Milan Middle School
Grades: 5-8Distance: 1.7 mi
7/10
Milan High School
Grades: 9-12Distance: 1.1 mi
8/10
Milan Elementary School
Grades: PK-4Distance: 1.8 mi

Schools provided by the listing agent

Elementary: Milan Elementary
Middle: Milan Middle School
High: Milan High School

Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.