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309 2nd ave nw, winchester, TN 37398 Sold on

  • $475,000
  • 5 BedBeds
  • 2 BathBaths
  • 3,922 SqftSqft
  • Typesingle family
  • Active
  • MLS# 3205990
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SELLER OFFERING OWNER FINANCING AT 5.75% — This income-producing property just over a block from downtown Winchester, provides a rare opportunity for buyers seeking investment property in Tennessee with immediate rental income and future flexibility. Built in 1917, this historic, commercially zoned 5-bedroom, 2-bath residence generates approximately $2,000/month in rental income and includes approximately 3,922 sq ft on a .34-acre lot in the heart of Winchester. The property features original hardwood floors, spacious living areas, and a covered front porch that adds character and tenant appeal. A detached 1-car garage and driveway parking provide additional functionality. Located seconds from the Winchester square and Hwy 41A, the property is conveniently positioned within the community. Currently office space with a long-term tenant of 7 years, the layout and location support multiple potential uses, including long-term rental hold, mixed-use potential, or future repositioning within a growing downtown area. Convenient access to local amenities and a strong occupancy history contribute to the property's appeal for investors seeking a centrally located asset in a developing corridor. Buyer to verify all information.

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General

  • Property Type: Single Family
  • Status: Active
  • MLS#: 3205990
  • List Price: $475,000
  • List Date: 05/04/2026
  • Year Built: 1917
  • County: Franklin County, TN
  • Subdivision: N/A
  • Beds: 5
  • Full Bathrooms: 2
  • Sq. Ft.: 3,922
  • Directions: Start on the square and proceed down 2nd Ave NW, the property is at the corner of N Cedar St and 2nd Ave NW.

Schools

  • Elementary: Clark Memorial School
  • Middle: North Middle School
  • High: Franklin Co High School

Utilities

  • Cooling: Central Air
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Central
 

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes only by Burrow Services, Inc. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

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                          Tennessee 3306 Governors Drive SW Huntsville, Alabama 35805

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