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12-Unit Apartment Building
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201 Sewanee Street, Harriman, TN 37748

Stabilized workforce housing community along the I-40 corridor in Harriman.

Property Size11,666 SF
Days on Market62

Property Features for 201 Sewanee Street

General Information

Standard status Active
Size 11,666 SF
Total Parking Spaces 14
Property subtype Multifamily

Building Details

Year Built 1930
Year Renovated 2021
Buildings 1
Units 12
Listing Agency: MMG
Listed By: Sam Jackson · License #356958
Source: Crexi
Added: Jul 1 Changed: Aug 29 Last Checked: Aug 30 at 9:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MMG

Investment Insights

Based on property information with market context.

This 12-unit apartment property contains 11,666 square feet and was built in 1930. The community is described as stabilized workforce housing, with major capital systems already addressed and a light cosmetic improvement plan remaining. Existing operations provide an established apartment platform rather than a vacant or partially completed asset.

Located at 201 Sewanee Street in Harriman, the property sits along the I-40 corridor, approximately 35 miles west of downtown Knoxville. Harriman is positioned between the Tennessee River and the Oak Ridge Corridor, within the broader Knoxville MSA, which has approximately 952,000 residents. The local apartment inventory has zero units under construction, while regional employment investment is expected to influence renter demand.

Key Highlights

  • 12‑unit apartment property with 11,666 square feet
  • Built in 1930
  • Stabilized workforce multifamily community

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Electrical Service Plumbing Service Bakery Real Estate Agency Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

Demographics for 37748, TN

17,227
Population
8,208
Households
2.1
Avg Household Size
45
Median Age
20%
College-Educated
87%
High-School Grad
106.6 sq mi
ZIP Area
162
Density / Sq Mi
$58,649
Median Household Income
$40,155
Median Earnings
$760
Median Rent
$173,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Stabilized workforce housing community along the I-40 corridor in Harriman.
Where is this apartment building located?
The property is located at 201 Sewanee Street Harriman, TN.
What are key features of this property?
This property features: 12‑unit apartment property with 11,666 square feet; Built in 1930; Stabilized workforce multifamily community
More about this property
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