TWO HOMES | BARN | INVESTMENT OPPORTUNITY - This unique East Tennessee property offers a rare combination of flexibility and potential with two homes, two septic systems, and a barn all situated on one property. Whether you're looking for a multi-generational living setup, rental income potential, or additional space for hobbies, storage, or future plans, this property provides a variety of possibilities. The existing improvements create opportunities that are difficult to find, making it an excellent option for investors, those needing extra living space, or buyers looking for a property they can tailor to their needs. Conveniently located with easy access to nearby communities and everyday amenities, this is a unique opportunity to own a property with income-producing potential and room to grow.
For sale
$130,000
355 Pankey Ln, Benton, TN 37307
2beds
1,000sqft
Single Family Residence
Built in 1978
0.67 Acres Lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
Two homes
- 134 days |
- 630 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Cindi Richardson 423-280-1442,
Richardson Group 423-790-7979
Source: Greater Chattanooga Realtors,MLS#: 1532405
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Laundry Closet
Features
- See Remarks
- Flooring: Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,000
- Total interior livable area: 1,000 sqft
- Finished area above ground: 1,000
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Off Street
- Carport spaces: 2
Features
- Levels: One
- Exterior features: Rain Gutters
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.67 Acres
- Dimensions: 119 x 246 x 120 x 246
- Features: Cleared, Level, Rural
Details
- Additional structures: Barn(s), Guest House, Shed(s)
- Parcel number: 045 06601 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Siding
- Foundation: See Remarks
- Roof: Metal
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Benton
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $51,000
- Annual tax amount: $215
- Date on market: 4/11/2026
- Listing terms: Cash
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,205/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Price change | $130,000-13.3%$130/sqft |
Source: Greater Chattanooga Realtors #1532405 Report a problem | ||
| 4/10/2026 | Listed for sale | $150,000+7400%$150/sqft |
Source:  RCAR #20261856 Report a problem | ||
| 4/11/2016 | Sold | $2,000$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $215 -33.8% | $12,750 -33.8% |
| 2024 | $325 -26.7% | $19,250 -26.7% |
| 2023 | $444 +212.8% | $26,275 +365% |
| 2022 | $142 | $5,650 |
| 2021 | $142 | $5,650 |
| 2020 | $142 | $5,650 |
| 2019 | $142 | $5,650 |
| 2018 | $142 0% | $5,650 +18.3% |
| 2017 | $142 +23.8% | $4,775 |
| 2016 | $115 -25.4% | $4,775 -25.4% |
| 2015 | $154 +0.1% | $6,400 +0.1% |
| 2014 | $154 | $6,394 |
| 2013 | $154 | $6,394 |
| 2012 | -- | $6,394 -8.5% |
| 2011 | $152 +14.1% | $6,987 +14.1% |
| 2010 | $133 | $6,121 |
| 2009 | $133 | $6,121 |
| 2008 | $133 | $6,121 |
| 2007 | -- | $6,121 +19.1% |
| 2006 | $149 +20.4% | $5,141 |
| 2005 | $123 +15.9% | $5,141 |
| 2004 | $106 -11.6% | $5,141 -11.6% |
| 2002 | $120 | $5,813 +47.4% |
| 2001 | -- | $3,944 -75% |
| 2000 | -- | $15,776 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37307
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 5/10Benton Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Chilhowee Middle SchoolGrades: 6-8Distance: 1.7 mi
- 5/10Polk County High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: South Polk Elementary
- Middle: Polk County Junior High
- High: Polk County High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $12,300-- bd-- ba2k sqft364 Pankey Ln, Benton, TN 37307Off Market
- $231,900-- bd1 ba1.8k sqft364 Pankey Ln, Benton, TN 37307Off Market
- $182,500-- bd-- ba-- sqft364 Pankey Ln, Benton, TN 37307Off Market
- $104,300-- bd-- ba-- sqftPankey Ln, Benton, TN 37307Off Market
- $9,000-- bd-- ba-- sqftPankey Ln, Benton, TN 37307Off Market
- $200,0003 bd2 ba1.4k sqft439 Pankey Ln, Benton, TN 37307Sold
- $404,400-- bd3 ba1.9k sqft410 Pankey Ln, Benton, TN 37307Off Market
- $321,200-- bd1 ba1.2k sqft294 Pankey Ln, Benton, TN 37307Off Market
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.
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