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830 Tennessee Ave

Etowah, TN 37331
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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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $300,000

AD Id : 90989073

MLS Id : RTC3540320

Living Area Size : 8,136

Tax Amount : 1664.00

Year Built : 1920

County : McMinn County

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Feature Features

  • Interior Features

    Roof: Asphalt

    Roofing Information

    Asphalt
  • Flooring Information

    Flooring: Laminate, Vinyl Construction Materials: Other, Brick
  • Heating & Cooling

    Heating: Central, Electric Has Heating: Yes Cooling: Wall/Window Unit(s), Ceiling Fan(s) Has Cooling: Yes

  • Building Information

    Year Built: 1920

  • Lot Information

    Lot Dimensions: 50X102

    Property Information

    Property Type: Residential Income Structure Type: Quadruplex

  • Listing Price Information

    Original List Price:$300000

  • Tax Information

    Tax Lot: Pt8 Annual Tax: $1664 Parcel Number: 118B G 07000 000

  • School Information

    Elementary School: Etowah Elementary Senior High School: Central High School
  • Utility Information

    Electricity Available
  • Location Information

    City: Etowah Direction: From Hwy 30 turn right onto Hwy 411 (Tennessee Ave) go 1.4 miles and it will be on the Right
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
569 County Road 784a, Etowah, TN, 37331 $319,900 3 2 1,896 1.10 Acres
355/359 County Road 475, Etowah, TN, 37331 $1,500,000 25 14 12,796 24.25 Acres
355359 County Road 475, Etowah, TN, 37331 $1,500,000 -- -- 12,796 --
355359 County Road 475, Etowah, TN, 37331 $1,500,000 -- -- 12,796 --
220 County Road 475, Etowah, TN, 37331 $149,000 3 2 1,200 0.31 Acre
190 Co Rd 909, Etowah, TN, 37331 $209,999 2 2 912 0.41 Acre
190 Co Rd 909, Etowah, TN, 37331 $209,999 2 2 912 0.41 Acre
122 County Road 513, Etowah, TN, 37331 $269,000 -- -- 1,872 --
128 County Road 882, Etowah, TN, 37331 $1,400,000 20 13 576 4.17 Acres
128 County Road 882, Etowah, TN, 37331 $1,400,000 -- -- 576 --
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ByOwner last updated this listing 09/04/2026 @ 06:20

MLS: REALTRAC #3540320 LISTED BY: Christy Blanco Elder, Keller Williams 865-977-0770 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

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