Crown And Anchor Can Help You Purchase This Home

Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!

531 N Tellico St, Madisonville, 37354

Priced At: $399,900

Property Details for ID: 1350971

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SqFt: 2,731
Price SqFt: $146
Total Bedrooms: 5
Full Baths: 2 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2026-08-07T01:02:36Z

Public Remarks: 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!

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Cape Cod, Traditional
Type: 2 Story
Site Built: Yes
Year Built: 1948
Total Rooms: 10
SqFt (Total): 2,731
SqFt (Main Lvl): 1,752
SqFt (2nd Flr Lvl): 1,632
Full Baths: 2
1/2 Baths: 1
Fireplace: No
Bonus Room: No
Basement: No
Basement Type: None

  Exterior Features

Features: Patio
Construction: Frame
Siding: Stone

  Appliances

Dishwasher, Disposal, Microwave, Range

  Room Dimensions

  Interior Features

Dining Area: Formal Dining Area
Floors: Hardwood, Luxury Vinyl Plank
Other Rooms: Breakfast Room, Family Room, LaundryUtility, Mstr Bdrm Main Level, Office
Misc Features: Internet Available, Pantry, Walk-in Shower, WasherDryer Connect

  Property Details

Acreages: 0.62
Lot Description: Level
View: Wooded

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, FHA, VA Loan, Other

  HOA Information

Restrictions: No
HOA: No

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): None
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Heat Pump

Garage / Parking

Designated Parking, Off-Street Parking

  Community Features

Outbuildings

Storage Shed
Presented By: / Edmonds Realty Group, LLC

Up Coming Open Houses

Date: Saturday, September 12, 2026 From: 12:00 pm until 2:00 pm
Hosted By: Brittany Williams Phone: 4238366050
Comments: Motivated seller! Come see this beautiful home!

Directions

From Madisonville Walmart, Exit parking lot toward US-411 N, Turn left toward US-411 N, in 250 ft turn right towards US-411 N, in 0.3 miles turn left onto Cook St, in 0.2 miles turn right onto Tellico St S, 0.5 Miles house will be on right



Your commute

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Buying or Selling real estate should be fun and simple. With Crown And Anchor, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!

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Blair Scott LLC, dba Crown and Anchor Realty is a licensed Tennessee Real Estate Firm. Firm License 259496. Some or all of the Listing Displayed on this Site may not belong to Crown And Anchor Realty. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. This data is believed to be correct, but interested parties should confirm the data before relying on it in a purchase decision.