$475,000

309 2nd Ave, NW, Winchester, TN 37398

  • 5 beds |
  • 2 baths |
  • 3,922 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1917
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $121/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
May 11, 2026
Data Last Updated:
June 25, 2026 at 2:20PM
Listing Office:
eXp Realty : 8885195113
Listing Agent:
Robert Duncan : 6155258147
MLS ID:
3205990
  • Appliances: RangeDishwasherRefrigerator
  • Basement: Unfinished
  • Flooring: WoodTile
  • A/C: Central Air
  • Heating: Central
  • Style: Traditional
  • Other Structures: PorchCovered
  • Parking: DetachedParking spaces: 1
  • General: One
  • Originating MLS: realtrac
  • County: Franklin CountyTN
  • Zoning: 065N V 00800 000
  • Utilities: Water Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Robert Duncan , eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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