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421 Montague Way - 421 Montague - Group Home 5,112 SF Specialty Building Offered at $953,198 CAD in Madison, TN 37115
Investment Highlights
- Close proximity to Stratton Elementary, Madison Middle, and Hunters Lane High School, ensuring strong community appeal.
- Spacious two-story property with 2,668 square feet of interior space, featuring 5 bedrooms and 2.5 bathrooms, suitable for residential
- Features classic 1935 construction updated with modern systems, including central heating and cooling, updated plumbing, and renovated interior finish
- Home includes partially finished basement, hardwood flooring, a large kitchen layout, and multiple living spaces for flexible accommodations.
Executive Summary
A rare multi-unit investment opportunity in the
heart of Madison, Tennessee. This substantial 1
story with full basement operates as a Group Home
with 11 bedrooms, 4 bathrooms, 2 laundry rooms,
recreation room - making it an ideal candidate for
continued use or conversion to multi-family.
The renovated building sits on an 11,875 SF lot with
2,668 SF of living space above grade and a 2,444 SF
basement, offering nearly 5,112 SF +/- of total
building area.
heart of Madison, Tennessee. This substantial 1
story with full basement operates as a Group Home
with 11 bedrooms, 4 bathrooms, 2 laundry rooms,
recreation room - making it an ideal candidate for
continued use or conversion to multi-family.
The renovated building sits on an 11,875 SF lot with
2,668 SF of living space above grade and a 2,444 SF
basement, offering nearly 5,112 SF +/- of total
building area.
Property Facts
| Price | $953,198 CAD | Building Class | C |
| Price Per SF | $186.46 CAD | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 5,112 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Residential Income | Year Built | 1935 |
| Zoning | RS10 - Single-Family Residential | ||
| Price | $953,198 CAD |
| Price Per SF | $186.46 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 5,112 SF |
| No. Stories | 2 |
| Year Built | 1935 |
| Zoning | RS10 - Single-Family Residential |
Amenities
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 052-09-0-061 | Improvements Assessment | $155,950 CAD |
| Land Assessment | $35,813 CAD | Total Assessment | $191,763 CAD |
Property Taxes
Parcel Number
052-09-0-061
Land Assessment
$35,813 CAD
Improvements Assessment
$155,950 CAD
Total Assessment
$191,763 CAD
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Videos
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Photos
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Street
Map
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Presented by
Starks Development Group
421 Montague Way - 421 Montague - Group Home
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