
311 Madison St, Manchester, TN
$239,000
Investment property in Manchester, TN 37355, listed on the Roofstock/Stessa investment property marketplace.
- Location
- Manchester, TN 37355
- Type
- Single Family
- Bedrooms
- 3
- Bathrooms
- 1
- Sq ft
- 1,092
- Cap rate
- 5.0% Cap Rate
Investment snapshot
- Price per square foot
- $219 — $239,000 across 1,092 sq ft
- Cap rate
- 5% — implies about $11,950 per year in net operating income at the listed price
- Cap rate vs. Tennessee
- 0.8 pts above the Tennessee average — Tennessee averages 4.2% across 36 active turnkey listings
- Price vs. Tennessee
- 41% below the Tennessee median — median asking price in Tennessee is $404,900
- Tracked since
- September 2, 2026 — aggregated from Roofstock