830 Tennessee Ave, Etowah, TN 37331 (MLS# 1354243)

830 Tennessee Ave, Etowah, TN 37331

$300,000

4 apartments upstairs and TWO commercial spaces on the main. Apartments have their own separate entrances

Property Type: Multi-Family Square Footage: 8,136 Lot Size (sq. ft.): 0 Status: Active

Current Price: $300,000 List Date: 9/03/2026 Last Modified: 9/03/2026

Overview

Description

ATTENTION INVESTORS! Start generating income from day one with FOUR currently rented residential units producing a combined $2,590 per month, PLUS two main-level commercial spaces offering additional income and value-add potential! CURRENT RESIDENTIAL RENTAL INCOME: • Unit 1 - Studio - $600/month - Owner pays utilities • Unit 2 - 2 Bedroom - $695/month - Tenant pays utilities • Unit 3 - 1 Bedroom - $695/month - Tenant pays utilities • Unit 4 - Studio - $600/month - Owner pays utilities TOTAL CURRENT RESIDENTIAL RENTAL INCOME: $2,590/MONTH! The four apartments are located upstairs with a separate private entrance and are currently tenant occupied. The roof is approximately 5-6 years old, adding another attractive feature for investors looking for an established income-producing property. But the opportunity doesn't stop with the residential income! The main level features TWO separate commercial retail spaces in a high-visibility corner location along the main st ... (Read more) ATTENTION INVESTORS! Start generating income from day one with FOUR currently rented residential units producing a combined $2,590 per month, PLUS two main-level commercial spaces offering additional income and value-add potential! CURRENT RESIDENTIAL RENTAL INCOME: • Unit 1 - Studio - $600/month - Owner pays utilities • Unit 2 - 2 Bedroom - $695/month - Tenant pays utilities • Unit 3 - 1 Bedroom - $695/month - Tenant pays utilities • Unit 4 - Studio - $600/month - Owner pays utilities TOTAL CURRENT RESIDENTIAL RENTAL INCOME: $2,590/MONTH! The four apartments are located upstairs with a separate private entrance and are currently tenant occupied. The roof is approximately 5-6 years old, adding another attractive feature for investors looking for an established income-producing property. But the opportunity doesn't stop with the residential income! The main level features TWO separate commercial retail spaces in a high-visibility corner location along the main strip in Etowah, near the historic train depot. These spaces offer tremendous flexibility and could potentially be used for retail, boutiques, antique shops, offices, service businesses, or other permitted uses. Looking to increase the property's income potential even further? Explore leasing the commercial spaces, operating your own business from one while leasing the other, or consider reconfiguring portions of the commercial space to potentially create additional residential units. Buyers may also wish to explore zoning and possible residential conversion options with the City of Etowah. With FOUR existing income-producing apartments, TWO commercial spaces, 4½ bathrooms, excellent visibility, established rental income, and opportunities to add additional revenue streams, this property offers exciting potential for both immediate income and future growth. Buyer to verify zoning, permitted uses, potential conversions, rental information, utility information, square footage, and all information deemed important. Tenant occupied upstairs. 24-hour notice required to show.

Listing Details MLS# 1354243

Location Tax Legal Info

House #: 830
Street Name: Tennessee
St Suffix: Ave
State/Province: TN
Zip Code: 37331
PIN #: 118B G 070.00

Contract Info

Auction Y/N: No
Listing Price: 300000

General Property Description

SqFt - Total (Aprox): 8136
Total Unfinished SqFt: 4800
Lot Dimensions: 50X102
Lot Size SqFt: 0.11
Number of Units: 4
# Units Leased: 4
Utilities/Mo Avg: 100200
Year Built: 1920
Property Status: N/A
Driveway: Urban Paved

Status Change Info

Status Change Date: 2026-09-03

More Information

Property Features

Property Sub-Type: Four Plex; Other Type of Units: Efficiency Unit; 1 Bedroom Unit; 2 Bedroom Unit Sale Includes: Building and Land Floors: Laminate; Vinyl Tenant Expenses: Tenant Pays All Util; Tenant Pays No Util Owner Expenses: Insurance; Licenses; Other Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Window Unit(s) Appliances: Range; Refrigerator Construction: Frame - Brick; Steel Roof: Asphalt Siding: Brick; Cement Exterior Features: Balcony; Deck; Porch - Covered; Windows - Vinyl Other Rooms: Other Miscellaneous: No Pets New Financing: Cash; Conventional

IDX

Listing Office: Keller Williams

Last Updated: September - 03 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

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830 Tennessee Ave, Etowah, TN 37331 (MLS# 1354243)