1915 Milan Home with Original Fireplace, No Carpet, and a Wired Shop — $97,000

The shop alone is worth a look. A 24 by 20 detached workspace, wired, bright, with a remote garage door. That is a real shop, not a storage shed someone is calling a shop. For anyone who works with their hands or needs dedicated space for tools, projects, or equipment, that changes the math on this property pretty quickly.

The house itself goes back to 1915. At 1,437 square feet, it holds three bedrooms and one bath, and the ceilings are high the way old houses tend to get right. Large windows pull in light throughout. The original fireplace mantle is still there, which after 110 years says something about how the place has been kept. No carpet anywhere in the house, and all the appliances stay, including the washer and dryer.

The kitchen is described as roomy, and the bedrooms have large closets, which in a house this age is not a given. The yard is level, shaded by mature trees, and there is a covered sitting porch plus a separate grilling patio off the back.

The property is on a corner lot in a historic neighborhood and within walking distance of downtown Milan and Johnnie Hale Stadium. The agent notes it has been used as a rental for many years, which tells you it has a track record as an income property. Whether you want to live in it or rent it again is your call.

One thing to know going in: due to the age and condition of the home, the seller is accepting cash or conventional financing only. No FHA, no VA. That narrows the buyer pool, which is part of why this is priced where it is. If you can work within those terms, you are looking at a 110-year-old house with its character mostly intact, a serious outbuilding, and a yard with actual trees.