300 8Th Ave Winchester, TN 37398
This exceptional investment opportunity presents a two-unit duplex ideally situated in Winchester, Tennessee, near the downtown area. The property comprises two units, each boasting 1122 square feet of living space, and is conveniently located at 300 and 302 8th Avenue SE. Each unit features three bedrooms and two bathrooms, offering ample space for tenants. Modern updates throughout include attractive LVP flooring, new windows, and updated fixtures, enhancing both the aesthetic appeal and functionality of the property. The kitchen in each unit is equipped with stainless steel microwaves and stoves, adding to the modern feel. Individual laundry hookups are provided in each unit for tenant convenience. The property is connected to city sewer, ensuring reliable and efficient waste disposal. This well-maintained duplex presents a strong rental income potential, making it an attractive investment for both seasoned and novice investors. The asking price is $349,900, representing a compelling price per unit of $174,950. This turnkey investment is ready for immediate income generation. The property's location near the downtown area offers easy access to local amenities, further enhancing its appeal to potential tenants. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.