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.
Closed
$385,000
216 Chambers St, Mc Minnville, TN 37110
--beds
--baths
3,480sqft
Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$111/sqft
$1,485 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,485/mo
Zestimate® history
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$2,253/mo
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List your homeWhat's special
Metal roofsRecent interior updatesNew windows
Zillow last checked:
Listing updated:
Listed by:
Albert (Drake) L. Drake 615-281-9395,
Residential Investment Advisors
Bought with:
Connor Anderson, 363910
Red Realty, LLC
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3061309
Facts & features
Interior
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Wood, Laminate
Interior area
- Total structure area: 3,480
- Total interior livable area: 3,480 sqft
- Finished area above ground: 3,480
Property
Parking
- Total spaces: 8
- Parking features: Concrete, Parking Lot
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.62 Acres
- Dimensions: 211 x 128 IRR
Details
- Parcel number: 068K A 01700 000
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Wood Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Orsborn Sub
HOA
- Has HOA: No
Location
- Region: Mc Minnville
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $120,400
- Annual tax amount: $1,959
- Date on market: 12/12/2025
- Inclusions: Appliances
- Total actual rent: 3200
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2026 | Sold | $385,000-2.5%$111/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3061309 Report a problem | ||
| 12/16/2025 | Contingent | $395,000$114/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3061309 Report a problem | ||
| 12/12/2025 | Listed for sale | $395,000+12.9%$114/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3061309 Report a problem | ||
| 11/6/2024 | Sold | $350,000+775%$101/sqft |
Source: Public Record Report a problem | ||
| 11/8/2000 | Sold | $40,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,959 | $48,160 |
| 2023 | $1,959 +6.5% | $48,160 |
| 2022 | $1,838 | $48,160 |
| 2021 | $1,838 | $48,160 |
| 2020 | $1,838 -21.3% | $48,160 -10.8% |
| 2019 | $2,336 +6.9% | $54,000 |
| 2018 | $2,185 +94.6% | $54,000 |
| 2017 | $1,123 -48.6% | $54,000 |
| 2016 | $2,185 -0.7% | $54,000 |
| 2015 | $2,201 -2.6% | $54,000 |
| 2014 | $2,260 | $54,000 -2.4% |
| 2013 | $2,260 -0.1% | $55,307 +0% |
| 2012 | $2,262 +0.1% | $55,301 |
| 2011 | $2,259 | $55,301 |
| 2010 | -- | $55,301 |
| 2009 | -- | $55,301 +49.5% |
| 2008 | $1,520 | $36,989 |
| 2007 | $1,520 +1.7% | $36,989 |
| 2006 | $1,494 +6.6% | $36,989 |
| 2005 | $1,402 | $36,989 |
| 2004 | $1,402 | $36,989 +6% |
| 2001 | -- | $34,888 -60% |
| 2000 | -- | $87,220 |
Find assessor info on the county website
Neighborhood: 37110
Nearby homes
- $--2 bd1 ba870 sqft304 Chambers St #2, McMinnville, TN 37110Off Market
- $200,700-- bd1 ba960 sqft409 Bell St, McMinnville, TN 37110Off Market
- $166,100-- bd2 ba993 sqft301 Chambers St, McMinnville, TN 37110Off Market
- $263,400-- bd-- ba2.8k sqft214 Chambers St, McMinnville, TN 37110Off Market
- $--1 bd1 ba700 sqft214 Chambers St #3, McMinnville, TN 37110Off Market
- $--1 bd1 ba700 sqft214 Chambers St #4, McMinnville, TN 37110Off Market
- $--3 bd2 ba1.4k sqft214 Chambers St APT 1, McMinnville, TN 37110Off Market
- $87,200-- bd1 ba852 sqft305 Chambers St, McMinnville, TN 37110Off Market
Nearby schools
GreatSchools rating
- 5/10Hickory Creek SchoolGrades: PK-5Distance: 2.8 mi
- 4/10Warren County Middle SchoolGrades: 6-8Distance: 1.6 mi
- 5/10Warren County High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Hickory Creek School
- Middle: Warren County Middle School
- High: Warren County 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.
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- Tennessee
- Warren County
- McMinnville
- 37110
- 216 Chambers St
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