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    512 N Roane St Harriman, TN 37748

    For Sale
    $567,500

    MULTI_FAMILY - Harriman, TN

    Property size:
    4,144 SF
    Lot size:
    0.08 Acres
    Days on Market:
    150
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 512 N Roane St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 5, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 6, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2
    Bedrooms
    6
    APN
    026F H 025.01
    Parking features
    Off Street
    Size
    4,144 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Number of units
    7
    Flooring type
    Vinyl, Laminate, Carpet
    Building materials
    Brick, Block
    Roof type
    Rubber

    Southland Brokers (865) 235-8655 [email protected]

    Listing agent Raj Cheema (865) 694-6161

    Listing date Jul 17, 2025

    Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Opportunity, Harriman TN

    This mixed-use property, located in downtown Harriman, TN, presents a prime investment opportunity. The property includes one commercial space, currently operating as a hair salon, and seven efficiency residential units. The landlord is responsible for water, while tenants cover their own electric expenses. A new roof was installed at the end of 2024. The property has a size of 4144 square feet and is situated on a lot of approximately 0.08 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Babylon Hair Lounge Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harriman
    County
    Roane
    State
    Tennessee
    Longitude
    -84.549678
    Latitude
    35.935319

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and residential units in Harriman.
    Where is this mixed-use property located?
    The property is located at 512 N Roane St Harriman, TN.
    What is the asking price?
    The asking price for this property is $567,500.
    What are key features of this property?
    This property features: - Prime downtown Harriman, TN location.; - Mixed-use property with commercial and residential units.; - Seven income-producing units.
    (865) 694-6161
    Request Owner's contact information
    512 N Roane St Harriman, TN 37748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    512 N Roane St Harriman, TN 37748
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