Triplex Property with Event
For Sale
$1,500,000
355359 County Road 475, Etowah, TN 37331
Rental residences are complemented by an event hall, community laundry room, pavilion, amphitheater, and creekside setting.
Property Size12,796 SF
Lot Size24.25 Acres
Days on Market19
Property Features for 355359 County Road 475
General Information
Standard status
Active
Size
12,796 SF
Total Parking Spaces
2
Lot size
24.25 Acres
Property subtype
Residential Income
Additional Details
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$4,468
Amenities
community laundry room
event hall
outdoor pavilion
amphitheater
Building Details
Building Size
12,796 SF
Year Built
1995
Buildings
4
Stories
1
Units
9
Listing Agency:
East Tennessee Properties LLC
(423) 519-6287
Listed By:
Barbara Ratledge · License #368502
(423) 519-6287
Source:
Firstrealty
Added: Jul 24
Changed: Aug 8
Last Checked: Aug 10 at 11:37AM
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 East Tennessee Properties LLC
Investment Insights
Based on property information with market context.
This multifamily property spans approximately 24.25± acres across two parcels and includes two single-family homes, an income-producing triplex, and an income-producing quadplex. The triplex was built in 1992, while the quadplex dates to 1995. The quadplex includes a community laundry room and a lower-level event hall suited to private gatherings, meetings, receptions, and special events.
Additional site improvements include an outdoor pavilion and amphitheater, with a creek along the rear boundary. Mature trees, open green space, and mountain views define the setting. The property is located at 355359 County Road 475 in Etowah, Tennessee, near Starr Mountain, the Tellico River, Hiwassee River, Ocoee River, and Cherokee National Forest. Existing improvements support rental and event-related income, while future development remains subject to local zoning and applicable approvals.
Additional site improvements include an outdoor pavilion and amphitheater, with a creek along the rear boundary. Mature trees, open green space, and mountain views define the setting. The property is located at 355359 County Road 475 in Etowah, Tennessee, near Starr Mountain, the Tellico River, Hiwassee River, Ocoee River, and Cherokee National Forest. Existing improvements support rental and event-related income, while future development remains subject to local zoning and applicable approvals.
Key Highlights
- Approximately 24.25± acres across two parcels
- Two single‑family homes, an income‑producing triplex, and an income‑producing quadplex
- Triplex built in 1992; quadplex built in 1995
Property Analytics
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 37331, TN
7,792
Population
3,721
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
87%
High-School Grad
39.4 sq mi
ZIP Area
198
Density / Sq Mi
$56,484
Median Household Income
$35,362
Median Earnings
$837
Median Rent
$171,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Rental residences are complemented by an event hall, community laundry room, pavilion, amphitheater, and creekside setting.
Where is this triplex located?
The property is located at 355359 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: Approximately 24.25± acres across two parcels; Two single‑family homes, an income‑producing triplex, and an income‑producing quadplex; Triplex built in 1992; quadplex built in 1995
