830 Tennessee Ave, Etowah, Tennessee 37331

TN, Etowah
$300,000
  • Active Status
  • Debuted Today on Cribz Total Days
  • Residential Income Property Type
  • 8136 Total Sqft $37/sqft
  • 1920 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property 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 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.

Property Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 3540320
  • Price: $300,000
  • Square Footage: 8,136 Sqft
  • Year Built: 1920
  • Office Name: Keller Williams
  • Agent Name: Christy Blanco Elder
  • Property Attached: Yes
  • Roof: Asphalt
  • Listing Status: Active
Location Info
  • Street Number: 830
  • Street: Tennessee Ave
  • City Etowah
  • State TN
  • Zipcode 37331
  • County McMinn County, TN
  • Directions: From Hwy 30 turn right onto Hwy 411 (Tennessee Ave) go 1.4 miles and it will be on the Right
Features
  • Heating System Central, Electric
  • Cooling System Ceiling Fan(s), Wall/Window Unit(s)
  • Utilities Electricity Available
  • Flooring Laminate, Vinyl
Schools
  • Elementary School: Etowah Elementary
  • High School: Central High School
Additional Info
  • Building Size: 8,136 Sqft
  • Construction Materials: Other, Brick
  • Lot Size Dimensions: 50X102
  • Number Of Units Total: 4
  • On Market Date: September 3rd, 2026
  • Previous Price: $300,000
  • Rent Includes: Other
Financial
  • Annual Tax Amount: $1,664
Listing Data
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Sep 3rd, 2026 @ 5:53pm
  • Status Change Timestamp: Sep 3rd, 2026 @ 5:41pm
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