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.
Property Features
Cooling Information
Ceiling Fan(s)
Electric
Utilities
Electricity Available
Water Available
Parking
Concrete
Parking Lot
Heating Information
Electric
Water Features
Public
School Information
School Information for 304 Chambers St, McMinnville, TN 37110
Based on information submitted to the MLS GRID as of 2025-12-12 14:49:39 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-12-12 14:49:39
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