VALUE-ADD MULTI-FAMILY INVESTMENT | STRONG CASH FLOW POTENTIAL
Excellent opportunity to acquire a 6-unit apartment building with immediate income and significant upside potential. This property offers investors the rare combination of current cash flow, rental growth opportunity, and long-term appreciation in a strong rental market.
For sale by owner
Price increase: $25K (5/21)
$450,000
326 Tilley Rd, Madisonville, TN 37354
12beds
6,200sqft
MultiFamily
Built in 1995
-- sqft lot
$-- Zestimate®
$73/sqft
$-- HOA
Overview
- 30 days |
- 682 |
- 50 |
Listed by:
Property Owner (423) 333-3027
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Other, Electric
Cooling
- Other
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet, Hardwood, Laminate, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 6,200 sqft
Property
Parking
- Total spaces: 15
- Parking features: Off-street
Features
- Exterior features: Other, Wood
- Has view: Yes
- View description: Park
Lot
- Size: 1.5 Acres
Details
- Parcel number: 09200111000
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Footing
- Roof: Metal
Condition
- New construction: No
- Year built: 1995
Community & HOA
Location
- Region: Madisonville
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $230,200
- Annual tax amount: $1,402
- Date on market: 5/13/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,768/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Price change | $450,000+5.9%$73/sqft |
Source: Owner Report a problem | ||
| 5/13/2026 | Listed for sale | $425,000+183.3%$69/sqft |
Source: Owner Report a problem | ||
| 11/17/2006 | Sold | $150,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,402 | $92,080 |
| 2024 | $1,402 | $92,080 |
| 2023 | $1,402 +8.1% | $92,080 +59% |
| 2022 | $1,297 | $57,920 |
| 2021 | $1,297 | $57,920 |
| 2020 | $1,297 +13.1% | $57,920 |
| 2019 | $1,147 +1% | $57,920 +1% |
| 2018 | $1,136 0% | $57,360 -6.9% |
| 2017 | $1,136 -11.9% | $61,600 |
| 2016 | $1,290 | $61,600 |
| 2015 | $1,290 +0% | $61,600 +0% |
| 2014 | $1,289 | $61,572 |
| 2013 | $1,289 | $61,572 |
| 2012 | -- | $61,572 -5% |
| 2011 | $1,264 +23.4% | $64,798 |
| 2010 | $1,024 | $64,798 |
| 2009 | $1,024 0% | $64,798 |
| 2008 | $1,024 | $64,798 |
| 2007 | -- | $64,798 +17.8% |
| 2006 | $1,062 +14.9% | $55,026 |
| 2005 | $924 -5.1% | $55,026 +7.9% |
| 2004 | $974 | $51,007 |
| 2002 | $974 | $51,007 |
| 2001 | -- | $51,007 -55.6% |
| 2000 | -- | $114,851 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37354
Nearby schools
GreatSchools rating
- NAMadisonville Primary SchoolGrades: PK-2Distance: 3.3 mi
- 5/10Madisonville Middle SchoolGrades: 6-8Distance: 4.3 mi
- 5/10Sequoyah High SchoolGrades: 9-12Distance: 5.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Monroe County
- Madisonville
- 37354
- 326 Tilley Rd
Nearby cities
Nearby zip codes
Other Madisonville Topics
