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304 Chambers St, 
Mcminnville, TN 37110

$395,000

—

Bed

—

Bath

3,480

Sq Ft

Multi-Family

Active

Listed by

Albert (Drake) L. Drake

Residential Investment Advisors

615-965-8800

Last updated:

December 30, 2025, 03:18 PM

MLS#

3061309

Source:

NASHVILLE

About This Home

304 Chambers St

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.

Home Facts

Multi-Family

Built in 1978

Price Summary

395,000

$113 per Sq. Ft.

MLS #:

3061309

Last Updated:

December 30, 2025, 03:18 PM

Added:

25 day(s) ago

Rooms & Interior

Interior

Living Area:

3,480 Sq. Ft.

Structure

Structure

Building Area:

3,480 Sq. Ft.

Year Built:

1978

Finances & Disclosures

Finances

Price:

$395,000

Price per Sq. Ft:

$113 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.