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Renovated Duplex with Garage

350 Carolina Avenue, Erwin, TN 37650

For Sale
$297,500

Multi Family, Erwin, TN

Property Size1,766 SF
Lot Size0.22 Acres
Price / SF$168.46
Days on Market146

Property Features for 350 Carolina Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R 3
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Basement, Bedroom 2, Bathroom 3, Bedroom 4
Patio and Porch features Deck, Porch, Patio
Interior features Remodeled
Fireplace 1
Basement Concrete
Appliances Dryer, Electric Range, Range, Washer
Subdivision E R Co
Elementary school Rock Creek
Middle school Unicoi Co
High school Unicoi Co
Directions Go through Downtown Erwin on Main Street, turn right onto Carolina Ave, see house on the left.
Standard status Active
APN 031c E 003.00
Size 1,766 SF
Lot size 0.22 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 611

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1954
Floors in Building 2
Number of units 2
Flooring type Vinyl, Laminate, Hardwood
Building materials Asbestos, Plaster
Roof type Metal
Architectural style Other
Listing Agency: Highland Ridge Properties LLC
Listed By: Deborah Sutherland · License TN #262650
Added: Jun 18 Changed: Nov 3 Last Checked: Nov 10 at 12:06AM
MLS# 9997040

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1,766-square-foot duplex contains two renovated apartments on a 0.22-acre lot. The lower unit offers two bedrooms and two bathrooms, while the upper unit includes two bedrooms and one bathroom. Each apartment has a refrigerator, range, washer, and dryer. Improvements include newer HVAC systems serving both levels, updated electrical service, and a metal roof. The property was built in 1954 and includes a deck, porch, patio, and fireplace.

A detached 20 X 24 block garage provides alley access and is separately rented. The property is located at 350 Carolina Avenue in Erwin, within walking distance of downtown. Public water and public sewer serve the site, and the property is zoned R 3.

Key Highlights

  • 1,766 square feet on a 0.22‑acre lot
  • Two‑bedroom lower unit with 2 bathrooms and two‑bedroom upper unit with 1 bathroom
  • 20 X 24 block garage with alley access

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby

Demographics for 37650, TN

12,329
Population
6,352
Households
1.9
Avg Household Size
47
Median Age
17%
College-Educated
88%
High-School Grad
97.0 sq mi
ZIP Area
127
Density / Sq Mi
$49,671
Median Household Income
$37,500
Median Earnings
$636
Median Rent
$156,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include appliances, multiple bathrooms, and access to public water and sewer.
Where is this duplex located?
The property is located at 350 Carolina Avenue Erwin, TN.
What is the asking price?
The asking price for this property is $297,500.
What are key features of this property?
This property features: 1,766 square feet on a 0.22‑acre lot; Two‑bedroom lower unit with 2 bathrooms and two‑bedroom upper unit with 1 bathroom; 20 X 24 block garage with alley access
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