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  • $550,000

    305 N Chancery St, McMinnville, TN 37110

    8beds
    4baths
    5,314sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $552,300 Zestimate®
    $104/sqft
    $1,146 Estimated rent

    Home value

    $552,300

    $298,000 - $1.03M

    $1,146/mo

    Zestimate® history
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    What's special

    Priced under appraisal! Excellent commercial opportunity with two buildings, 8,399 sq ft, and C-2 zoning in a high-traffic location. Property includes six units, five currently leased. Four tenants are month-to-month and one tenant has a six-month lease, making this a flexible investment or business opportunity. Call today for your private showing! Recent survey completed. House behind apartments does not convey with Property. Acreage is .68 according to recent survey. The driveway belongs to the seller as it is her only option to access her property. An easement will be given for the apartments.

    Zillow last checked:

    Listing updated:

    Listed by:

    Regina Woodlee 931-607-4298,

    Tree City Realty

    Bought with:

    Crystal Ann King, 342916

    Highlands Elite Real Estate

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3079450MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central, Electric, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Laundry: None
    Features
    • Flooring: Wood, Laminate, Tile
    Interior area
    • Total structure area: 5,314
    • Total interior livable area: 5,314 sqft
    • Finished area above ground: 5,314

    Property

    Features
    • Levels: One
    • Stories: 2
    Lot
    • Size: 0.99 Acres
    • Dimensions: 109 x 395 M IRR
    Details
    • Parcel number: 068D G 01200 000
    • Zoning: C-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick, Vinyl Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available

    Community & HOA

    Community
    • Subdivision: 0
    HOA
    • Has HOA: No
    Location
    • Region: Mcminnville

    Financial & listing details

    • Price per square foot: $104/sqft
    • Tax assessed value: $714,000
    • Annual tax amount: $7,227
    • Date on market: 1/10/2026
    • Inclusions: No Furnishing
    • Total actual rent: 3370
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/11/2026Sold$550,000$104/sqft
    Source: Public Record Report a problem
    3/2/2026Sold$550,000-4.3%$104/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3079450 Report a problem
    1/14/2026Contingent$575,000$108/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3079450 Report a problem
    1/10/2026Listed for sale$575,000$108/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3079450 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,227 -8.4%$285,600 +47.3%
    2024$7,888 $193,920
    2023$7,888 +6.5%$193,920
    2022$7,403 $193,920
    2021$7,403 $193,920
    2020$7,403 -3.8%$193,920 +9%
    2019$7,698 +6.9%$177,920
    2018$7,200 +94.5%$177,920
    2017$3,701 -48.6%$177,920
    2016$7,200 -0.7%$177,920
    2015$7,252 -1.8%$177,920
    2014$7,385 $177,920 -1.6%
    2013$7,385 -0.1%$180,755
    2012$7,393 -0.5%$180,755 -0.6%
    2011$7,427 $181,800
    2010-- $181,800
    2009-- $181,800 +87.4%
    2008$3,988 $97,036
    2007$3,988 +4.4%$97,036 +2.6%
    2006$3,820 +6.6%$94,550
    2005$3,583 $94,550
    2004$3,583 $94,550
    Find assessor info on the county website

    Neighborhood: 37110

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: West Elementary
    • 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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