Four-Unit Quadplex with
For Sale
$289,900
811 Siluria Street, Harriman, TN 37748
Four apartments feature one-bedroom, one-bath layouts with spacious rooms and off-street parking.
Property Size1,760 SF
Price / SF$164.72
Days on Market613
Property Features for 811 Siluria Street
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$1,227
Amenities
Window Unit(s)
Yes
Laminate, Vinyl
True
Other, Electric
Range, Refrigerator
Vinyl, Frame
Building Details
Year Built
1932
Listing Agency:
Southland Brokers
Listed By:
Raj Cheema
(865) 466-7240
Source:
Compass
Added: Feb 10, 2025
Changed: Oct 13
Last Checked: Oct 15 at 1:39AM
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 Southland Brokers
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Investment Insights
Based on property information with market context.
This quadplex contains four apartments, each arranged with one bedroom, one bathroom, and spacious rooms. Off-street parking serves the property, while the building combines vintage character with reported modern upgrades. The property measures 1,760 square feet and was built in 1932.
Located at 811 Siluria Street in Harriman, Tennessee, the building offers a compact multifamily configuration with consistent layouts across all four apartments. Its established construction and apartment count provide a clear physical profile for review by multifamily buyers.
Located at 811 Siluria Street in Harriman, Tennessee, the building offers a compact multifamily configuration with consistent layouts across all four apartments. Its established construction and apartment count provide a clear physical profile for review by multifamily buyers.
Key Highlights
- Four apartments within one quadplex property
- Each apartment includes 1 bedroom and 1 bathroom
- Spacious rooms in all four apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,164
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,280
$343.3K
Cap Rate 7%
$245,200
$245.2K
Cap Rate 9%
$190,711
$190.7K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$26.4K $15.00/SF
− Vacancy
−$1.9K −$1.07/SF
EGI
$24.5K $13.93/SF
− OpEx
−$7.4K −$4.18/SF
NOI
$17.2K $9.75/SF
Area
Roane County, TN
Vacancy
7.12%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,280
Cap Rate 7%
$245,200
Cap Rate 9%
$190,711
Alternative Uses
Best Use
Multifamily LT 5
$245.2K
$214.6K – $286.1K
NOI $17,164 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$225.6K
$197.4K – $263.3K
NOI $15,795 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$435.9K
$381.4K – $508.6K
NOI $30,514 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
Explore this area
Business Placement
Demographics for 37748, TN
17,227
Population
8,208
Households
2.1
Avg Household Size
45
Median Age
20%
College-Educated
87%
High-School Grad
106.6 sq mi
ZIP Area
162
Density / Sq Mi
$58,649
Median Household Income
$40,155
Median Earnings
$760
Median Rent
$173,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments feature one-bedroom, one-bath layouts with spacious rooms and off-street parking.
Where is this quadplex located?
The property is located at 811 Siluria Street Harriman, TN.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Four apartments within one quadplex property; Each apartment includes 1 bedroom and 1 bathroom; Spacious rooms in all four apartments
