516 Mill St, Madisonville, TN 37354
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516 Mill St, Madisonville, TN 37354
516 Mill St, Madisonville, TN 37354
516 Mill St, Madisonville, TN 37354
516 Mill St, Madisonville, TN 37354
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516 Mill St Madisonville, TN 37354

2 Beds

1 Bath

1,040 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $306

MLS Listing ID 1361496

Style Craftsman

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1935

Lot Size 1.400 Acres

Acres 1.4

Property Sub-Type Single Family Residence

Source East Tennessee REALTORS® MLS

Property Description

Opportunity takes shape at 516 Mill Street, where a One Level, two-bedroom, one-bath house and substantial land create an appealing path for buyers with ideas. Offering 1,040 square feet, the residence is ready for a new owner to rethink, refresh, and personalize it over time. Its approachable price point may suit renovators, investors, or buyers seeking a smaller home with room beyond the walls. The detached 2level garage has phenomenal potential with electricity already in place.

The level 1.40 total acreage setting is a standout. With the home itself sitting on 0.43acre lot it leaves 0.97acres with space that could support gardening, outdoor recreation, or future plans subject to required approvals. Adding versatility is a detached garage or apartment structure with a loft & electricity, offering possibilities for parking, storage, a workshop, or supplemental use according to buyer needs and applicable regulations. One garage parking space is included.

An especially valuable component is the separate 0.97-acre buildable lot. Whether held for added privacy, explored for another residence, or considered as a longer-term investment, it expands the property's potential. Buyers should independently verify boundaries, utilities, access, zoning requirements, and permitted uses with Monroe County and local authorities.

Set within walking distance of downtown Madisonville, this address places shops, dining, and everyday services close at hand. Memorial Park is also nearby, providing a convenient place for fresh air and recreation. Zoned R-1, the property combines a manageable home, generous acreage, an auxiliary structure, and an additional homesite in one distinctive offering. Schedule a visit and consider how this Madisonville property could fit your plans.

Location

State TN

County Monroe County - 33

Area 1.4

Rooms

Other Rooms Extra Storage, Split Bedroom

Basement Crawl Space

Dining Room Formal Dining Area

Interior

Heating Central, Natural Gas

Cooling Central Cooling, Ceiling Fan(s)

Flooring Hardwood, Vinyl

Fireplaces Number 1

Fireplaces Type Brick, Wood Burning Stove

Fireplace Yes

Window Features Windows - Wood

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer

Heat Source Central, Natural Gas

Exterior

Exterior Feature Porch - Covered, Windows - Wood

Parking Features Detached

Garage Spaces 1.0

Garage Description Detached

View Country Setting

Total Parking Spaces 1

Garage Yes

Building

Lot Description Level

Faces From Maryville, 411 S 26miles, Take Exit toward Madisonville, Continue onto Warren St., Turn (L) onto Mill St., House on Right, SOP

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Additional Building Storage, Workshop

Structure Type Vinyl Siding,Block

Others

Restrictions Yes

Tax ID 067 114.00 & 067 114.01

Energy Description Gas(Natural)


Listed by The Price Agency, Realty Executives
Jordan Carr

Jordan Carr

Agent

+1(865) 390-5434

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516 Mill St