Multi-Family Income Property with Event
355/359 County Road 475 Etowah, TN 37331
New
For Sale
$1,500,000
MULTI_FAMILY - Ranch - Etowah, TN
Property Size12,796 SF
Lot Size24.25 Acres
Price / SF$117.22
Days on Market7
Property Features for 355/359 County Road 475
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Bathrooms
16
Rooms
Bathroom 2, Bathroom 5, Bathroom 1, Bathroom 8, Bathroom 3, Bathroom 13, Bathroom 6, Bathroom 12, Bathroom 11, Bathroom 10, Bathroom 14, Bathroom 7, Bathroom 15, Basement, Bathroom 9, Bathroom 4, Bathroom 16
Parking features
Parking Lot
Window features
Vinyl Frames, Aluminum Frames
Patio and Porch features
Patio, Porch
Interior features
Eat-in Kitchen
Exterior features
Balcony
Basement
Finished
Standard status
Active
APN
118 034.00 118 034.02
Size
12,796 SF
Lot size
24.25 Acres
Taxes and HOA fees
Tax Annual Amount
4468
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Water front
1
Building Details
Year built
1995
Floors in Building
2
Number of units
9
Flooring type
Hardwood, Tile, Laminate
Building materials
Brick, Vinyl Siding
Roof type
Metal
Architectural style
Ranch
Listing Agency:
East Tennessee Properties - Athens
(423) 453-5722
Listed By:
Barbara Ratledge · License #368502
(423) 519-6287
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 30 at 7:06AM
MLS# 20263888
Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a multi-building residential income offering on 24.25+/- acres across two parcels. It includes two single-family homes, an income-producing triplex built in 1992, and an income-producing quadplex built in 1995. The quadplex features a community laundry room and a spacious lower-level event hall designed for private gatherings, meetings, receptions, or special events.
Additional improvements include an outdoor pavilion and an amphitheater, with a creek bordering the rear of the property. The setting is described as mountainous with mature trees, open green space, and mountain views.
The property is positioned to serve multiple uses, subject to local zoning and applicable approvals, including long-term rental investment and event-oriented uses tied to the existing gathering spaces.
Additional improvements include an outdoor pavilion and an amphitheater, with a creek bordering the rear of the property. The setting is described as mountainous with mature trees, open green space, and mountain views.
The property is positioned to serve multiple uses, subject to local zoning and applicable approvals, including long-term rental investment and event-oriented uses tied to the existing gathering spaces.
Key Highlights
- Approximately 24.25+/- acres across two parcels, featuring two single‑family homes plus an income‑producing triplex and quadplex
- Triplex built in 1992 and quadplex built in 1995
- Quadplex includes a community laundry room and a spacious lower‑level event hall
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Two single-family homes plus triplex and quadplex, with community laundry and a lower-level event hall, on two parcels.
Where is this quadplex located?
The property is located at 355/359 County Road 475 Etowah, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 24.25+/- acres across two parcels, featuring two single‑family homes plus an income‑producing triplex and quadplex; Triplex built in 1992 and quadplex built in 1995; Quadplex includes a community laundry room and a spacious lower‑level event hall