See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

206 Medina Hwy, Milan, TN, 38358

2beds
1baths
1,104sqft
$140,000
$127price/sqft
$1,277/moest. monthly cost
$51,080/yrincome needed

About This Home

Location, location, location! Are you looking for a house to flip into a home? Located within just a few minutes of retail, restaurants and medical facilities, this house is waiting for you to bring it back to life. This property sits on a prime stretch of Medina Highway with excellent traffic flow and visibility. The existing structure is in disrepair, presenting the perfect opportunity for a renovation. With approval from Gibson County Zoning and Milan Planning Board you have flexible use options. Commercial use subject to Gibson County Zoning application and Milan Planning Board approval. This MLS information is provided for broker assistance only. The actual square footage to be determined by a licensed appraiser. All information provided is deemed reliable but is not guaranteed or warranted by the company, real estate agent or seller and should be independently verified.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

7/10
10/10
Medina Elementary SchoolGrades PK-44.6 mi

Construction

Condition

  • Property condition: false
  • Year built: 1939

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedroom

  • Level: Main
  • Area: 81
  • Dimensions: 9.0 x 9.0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Interior Area

  • Total interior livable area: 1,104 sqft

Kitchen

  • Level: Main
  • Area: 100
  • Dimensions: 10.0 x 10.0

Master Bedroom

  • Level: Main
  • Area: 121
  • Dimensions: 11.0 x 11.0

Property

Details

  • Parcel number: 159 044.00
  • Special condition: Standard

Features

  • Levels: One

Lot

  • Lot size: 1.14 Acres
  • Lot size dimensions: 1.14 acres

Parking

  • Total spaces: 2

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
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Lightning
Tornado
Winter Weather
Heat Wave
Ice Storm
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $707$8,484
Home Insurance $116$1,392
Property Taxes $279$3,348
Electricity $175$2,103
Total$1,277$15,324

Income You'd Need if You Spent...

35% on housing$43,782/yr
40% on housing$38,310/yr
45% on housing$34,053/yr

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.

Insurance Growth Rate5-year average: 11.1%
11.1%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 38358$93
Gibson County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 38358$149
Gibson County$141

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)

No zestimate history available

Price History

DateEventPrice
2026-02-05Price change$140,000
2025-10-14Price change$158,000
2025-09-05Listed for sale$165,000
2023-07-24Listing removed--
2023-05-01Pending sale$130,000
2023-04-17Listed for sale$130,000
2023-04-17Listing removed--
2023-04-12Listed for sale$115,000
2001-11-20Sold$43,000
1998-09-11Sold$80,000

For Sale by Agent

AgentBrandi Wilson
BrokerageRE/MAX Realty Source

Similar Homes