309 2nd Ave NW, Winchester, TN, 37398
About This Home
SELLER OFFERING OWNER FINANCING AT 5.75% — An ideal income-producing property just over a block from downtown Winchester, provides a rare opportunity for buyers seeking investment property in Tennessee with flexibility for different uses. Built in 1917, this historic, commercially zoned 5-bedroom, 2-bath residence 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. Previously office space with a long-term tenant, 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.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1917
Materials
- Construction materials: Frame,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Range,Dishwasher,Refrigerator
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 5
Features
- Flooring: Wood,Tile
- Finished area above ground: 3,922
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 3,922
- Total interior livable area: 3,922 sqft
Property
Details
- Parcel number: 065N V 00800 000
- Special condition: Standard
Features
- Levels: One
- Stories: 2
- Patio & porch: Porch,Covered
Lot
- Lot size: 0.34 Acres
- Lot size dimensions: 107 x 126 IRR
Parking
- Total spaces: 1
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Tornado
- Winter Weather
- Earthquake
- Inland Flooding
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,376 | $28,512 |
| Home Insurance | $230 | $2,760 |
| Property Taxes | $188 | $2,256 |
| Electricity | $318 | $3,823 |
| Total | $3,112 | $37,344 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for rent | $2,200 |
| 2026-08-03 | Price change | $470,000 |
| 2026-05-14 | Listed for sale | $475,000 |
| 2021-03-24 | Listing removed | -- |
| 2017-05-21 | Listing removed | $1,600 |
| 2017-04-10 | Sold | $140,000 |
| 2017-04-10 | Listed for rent | $1,600 |
| 2014-08-22 | Sold | $126,000 |
| 2014-04-22 | Price change | $139,900 |
| 2013-11-20 | Price change | $144,900 |
| 2013-04-30 | Listed for sale | $149,000 |
| 2011-06-21 | Sold | $40,000 |
| 2011-01-26 | Sold | $51,675 |
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