Listing Agency: NAI Koella | RM Moore h***@koellamoore.com Show Phone

Listed By: Heidi Adams · License #TN 00320097

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 3:23PM

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Investment Insights

Based on property information with market context.

This small C-Class multifamily portfolio is located in Etowah, Tennessee, and has a documented history of high occupancy. Each utility is separately metered, with tenants paying electric, water, and sewer charges directly. The property offers an established multifamily configuration with tenant-paid utilities and an operating history suited to continued income production.

Key Highlights

• Small C‑Class multifamily portfolio in Etowah, Tennessee
• Long‑term history of high occupancy
• Tenants pay separately metered electric, water, and sewer service

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Dental Office

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

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

128

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

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?

Multifamily property - Tenants are responsible for separately metered electric, water, and sewer service.

Where is this multifamily property located?

The property is located at 593 Scott Ave Etowah, TN.

What are key features of this property?

This property features: Small C‑Class multifamily portfolio in Etowah, Tennessee; Long‑term history of high occupancy; Tenants pay separately metered electric, water, and sewer service