Sold for $350,000

$350,000

224 Cherry Ave, Mc Kenzie, TN 38201

--beds

0baths

3,640sqft

Quadruplex

Built in 2010

-- sqft lot

$371,000 Zestimate^®

$96/sqft

$1,412 Estimated rent

Home value

$371,000

$345,000 - $397,000

$1,412/mo

Zestimate^® history

Owner options

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$1,412/mo

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$1,412/mo

Rent Zestimate^®

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$2,101/mo

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$2,101/mo

Est. payment

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What's special

INVESTMENT. LOCATION. OPPORTUNITY. This quad-plex located in downtown McKenzie checks all these boxes! This investment property includes 4(x) two-bedroom, one-and-a-half bathroom floorplans that are currently fully occupied. With prime location in downtown McKenzie and within walking distance to Bethel, this is a rare opportunity that you don’t want to miss. Call us today.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Central, Natural Gas

Cooling

Central Air, Electric

Features

Flooring: Carpet, Vinyl

Interior area

Total structure area: 3,640
Total interior livable area: 3,640 sqft

Property

Parking

Total spaces: 10

Lot

Size: 0.27 Acres
Dimensions: 107 x 109

Details

Parcel number: 010.00
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Vinyl Siding
Foundation: Slab
Roof: Composition

Condition

Year built: 2010

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Mc Kenzie

Financial & listing details

Price per square foot: $96/sqft
Tax assessed value: $376,600
Annual tax amount: $3,691
Date on market: 11/28/2023
Total actual rent: 2400

Price history

Date	Event	Price
3/5/2024	Sold	$350,000-7.7%$96/sqft
Source: CWTAR #234785 Report a problem
12/13/2023	Pending sale	$379,000$104/sqft
Source: RRAR as distributed by MLS GRID #44536 Report a problem
11/28/2023	Listed for sale	$379,000+2426.7%$104/sqft
Source: RRAR as distributed by MLS GRID #44536 Report a problem
9/25/2009	Sold	$15,000+435.7%$4/sqft
Source: Public Record Report a problem
2/27/2004	Sold	$2,800$1/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,691 +10.2%	$150,640 +61.2%
2024	$3,351	$93,440
2023	$3,351 -0.6%	$93,440
2022	$3,371	$93,440
2021	$3,371	$93,440
2020	$3,371 -1.9%	$93,440 +6.4%
2019	$3,434	$87,800
2018	$3,434 +74.9%	$87,800 +26.4%
2017	$1,964 -0.1%	$69,440
2016	$1,965 -29.7%	$69,440
2015	$2,793 +8.3%	$69,440
2014	$2,579	$69,440 +9.8%
2013	$2,579 +0.7%	$63,236
2012	$2,561 +11%	$63,236
2011	$2,308 -1.4%	$63,236
2010	$2,340 +6994.4%	$63,236 +6918.4%
2009	$33 +7.4%	$901
2008	$31	$901
2007	$31 -6.3%	$901
2006	$33 -78.4%	$901 -78.4%
2005	$152	$4,178
2004	--	$4,178
2002	$142	$4,178 +13.5%
2001	--	$3,680 -75%
2000	--	$14,718