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$415,000

531 N Tellico St, Madisonville, TN 37354
Madisonville, TN 37354
Listed by Brittany Williams · Edmonds Realty Group, LLC
Bedrooms
5
Bathrooms
2.1
Living area
N/A
Year built
1948

About this home

Completely renovated 5-bedroom, 2.5 bath Cape Cod-style home conveniently located in the heart of downtown Madisonville. This spacious home offers modern updates throughout while maintaining its classic character. The property also includes a detached mother-in-law suite that is currently tenant occupied, providing an established source of rental income with the opportunity to help offset mortgage costs. The detached suite also offers flexibility for future use as a guest accommodations, a home office, or multi-generational living. Situated on a convenient in-town lot with easy access to shopping, dining, schools, and local amenities, this move in ready property combines modern updates with added income potential. Schedule your private showing today!

Property details

MLS #
1350971
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
15
On market date
August 7, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.62 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Madisonville Primary
0.32 mi away · Grades -1-2
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
578
Student:teacher ratio
16.1:1
District
Monroe County
Middle
Madisonville Middle School
0.86 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
473
Student:teacher ratio
18.2:1
District
Monroe County
High
Sequoyah High School
2.81 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
873
Student:teacher ratio
15.9:1
District
Monroe County

Mortgage calculator

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Est. monthly payment
$2,649/mo
$83,000 down
$332,000 loan
Principal & interest$2,153
Property tax (est.)$346
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 17 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.