Back to Search
Harriman Multifamily Investment Opportunity

435 Hillside Dr Harriman, TN 37748

Claim this Listing
For Sale
Contact for pricing

Multifamily property with 10 units in Harriman, Tennessee.

Type:Multifamily
Property size:
9,072 SF
Price / SF:
$162/SF
Added:
Mar 4, 2026
Days on Market:
129
Last Refresh:
Jun 26 at 7:48 am

Property Features for 435 Hillside Dr

General Information

Standard status
Active
Size
9,072 SF
Property subtype
Multifamily

Building Details

Year Built
1978

Listing office PWA Properties

Listing date Mar 4, 2026

Source Crexi

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 PWA Properties


Investment Insights

Based on property information with market context.

This multifamily property, located in Harriman, Tennessee, features 10 units. The property encompasses a total size of 9072 square feet, presenting a residential income opportunity.

Key Highlights

  • Multifamily property in Harriman, TN
  • Features 10 Units
  • Built in 1978

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $160.0k $17.64
− Vacancy −$12.0k −$1.32
EGI $148.0k $16.32
− OpEx −$66.6k −$7.34
NOI $81.4k $8.97
9,072 SF · lease $17.64/SF/yr · vacancy 7.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,415 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M (±1% cap)
NOI $157,287 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Fox Ridge Apartments Apartment Building

Suggested Use

Hair Salon HVAC Service Restaurant Spa & Massage Center Nail Salon Auto Repair Shop Grocery & Convenience Store Storage Facility Garden Center Tanning Salon

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

FAQs

What type of property is this?
Apartment building - Multifamily property with 10 units in Harriman, Tennessee.
Where is this apartment building located?
The property is located at 435 Hillside Dr Harriman, TN.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Multifamily property in Harriman, TN; Features 10 Units; Built in 1978
Contact an agent
(865) 936-9999 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message