Multi-Family Income Property with Event
355/359 County Road 475 Etowah, TN 37331
For Sale
$1,500,000
MULTI_FAMILY - Etowah, TN
Property Size12,796 SF
Lot Size24.25 Acres
Price / SF$117.22
Days on Market14
Property Features for 355/359 County Road 475
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
25
Rooms
Bedroom 9, Bedroom 18, Bathroom 12, Bedroom 12, Bedroom 20, Bathroom 8, Bedroom 21, Bedroom 16, Bedroom 25, Bathroom 6, Bedroom 2, Bedroom 10, Bedroom 19, Bedroom 17, Bathroom 10, Bedroom 24, Bathroom 7, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 9, Bedroom 8, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 15, Bedroom 22, Bathroom 2, Bedroom 14, Bedroom 7, Bedroom 11, Bathroom 1, Bathroom 13, Bedroom 13, Bathroom 11, Bathroom 4, Bathroom 5, Bedroom 23
Parking features
Carport
Window features
Aluminum Frames
Patio and Porch features
Porch
Exterior features
Windows - Vinyl, Barn, Balcony
Standard status
Active
APN
118 034.02 118 034.00
Size
12,796 SF
Lot size
24.25 Acres
Taxes and HOA fees
Tax Annual Amount
4468
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1995
Number of units
9
Flooring type
Tile, Hardwood, Laminate
Building materials
Vinyl Siding, Brick, Frame
Roof type
Metal
Listing Agency:
East Tennessee Properties, LLC
(423) 453-5722
Listed By:
Barbara Ratledge · License #368502
(423) 519-6287
Added: Jul 17
Changed: Jul 28
Last Checked: Jul 30 at 7:06AM
MLS# 1349485
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Investment Insights
Based on property information with market context.
This income-producing multi-family property includes two single-family homes, a triplex built in 1992, and a quadplex built in 1995. The quadplex offers 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 amphitheater, and a creek that borders the rear of the property. The setting includes mature trees, open green space, and mountain views.
The property is located at 355/359 County Road 475 in Etowah, TN, and sits on approximately 24.25+/- acres across two parcels. It is positioned near outdoor recreation destinations including Starr Mountain and multiple rivers and the Cherokee National Forest, supporting year-round activities in the area.
With multiple residential buildings and on-site event facilities, the property is positioned to support established rental income, and it also allows for future expansion subject to local zoning and applicable approvals.
The property is located at 355/359 County Road 475 in Etowah, TN, and sits on approximately 24.25+/- acres across two parcels. It is positioned near outdoor recreation destinations including Starr Mountain and multiple rivers and the Cherokee National Forest, supporting year-round activities in the area.
With multiple residential buildings and on-site event facilities, the property is positioned to support established rental income, and it also allows for future expansion subject to local zoning and applicable approvals.
Key Highlights
- 24.25+/- acres across two parcels in the mountains of East Tennessee, with multiple income‑producing buildings and event space
- Income‑producing triplex built in 1992, plus two single‑family homes on the property
- Income‑producing quadplex built in 1995 with 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 - Multi-structure rental portfolio on 24.25+/- acres featuring a triplex, quadplex, community laundry, and a lower-level event hall.
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: 24.25+/- acres across two parcels in the mountains of East Tennessee, with multiple income‑producing buildings and event space; Income‑producing triplex built in 1992, plus two single‑family homes on the property; Income‑producing quadplex built in 1995 with a community laundry room and a spacious lower‑level event hall
