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 Market9
Property Features for 355/359 County Road 475
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 25
- Rooms
- Bathroom 5, Bedroom 11, Bedroom 17, Bathroom 6, Bedroom 21, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 22, Bathroom 3, Bathroom 8, Bedroom 20, Bedroom 4, Bedroom 6, Bathroom 12, Bathroom 1, Bedroom 15, Bedroom 7, Bedroom 10, Bedroom 13, Bedroom 25, Bedroom 5, Bathroom 13, Bedroom 23, Bathroom 9, Bathroom 4, Bathroom 10, Bathroom 11, Bedroom 16, Bedroom 9, Bathroom 7, Bathroom 2, Bedroom 24, Bedroom 14, Bedroom 19, Bedroom 18, Bedroom 8, Bedroom 12
- 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
- Hardwood, Laminate, Tile
- 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 24
Last Checked: Jul 25 at 5:06AM
MLS# 1349485
Copyright © 2026 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.
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 by Public Records
Quadplexes
FAQs
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
