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Four-Unit Apartment Building
For Sale
$289,900

811 Siluria St, Harriman, TN 37748

Multi-Family, Harriman, TN

Property Size1,760 SF
Lot Size0.22 Acres
Price / SF$164.72
Days on Market560

Property Features for 811 Siluria St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1
Parking features Off Street
Appliances Range, Refrigerator
Elementary school Bowers
Middle school Harriman
High school Harriman
Directions Follow I-40 to TN-29 N/Pine Ridge Rd in Harriman. Take exit 350 from I-40 21 min (23.9 mi) Follow TN-29 N and S Roane St to Siluria Street. Property will be on your left.
Subdivision Roane County - 31
Standard status Active
APN 026C H 005.00
Size 1,760 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 1227

Utilities

Heating system Electric (Heating)
Cooling system Window Unit(s)

Building Details

Year built 1932
Number of units 4
Flooring type Vinyl, Laminate
Building materials Vinyl Siding, Frame
Roof type Shingle
Listing Agency: Southland Brokers
Listed By: Raj Cheema
Added: Apr 17, 2025 Changed: Oct 27 Last Checked: Oct 28 at 3:06AM
MLS# 1297733

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.

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Investment Insights

Based on property information with market context.

This four-unit apartment property contains 1,760 square feet across four residences, each configured with one bedroom and one bathroom. Interior features include laminate and vinyl flooring, electric heat, and window-unit cooling, with ranges and refrigerators included. The building dates to 1932 and has vinyl siding, frame construction, and a shingle roof.

Set on 0.22 acres at 811 Siluria St in Harriman, the property provides off-street parking for residents. Its four-unit layout offers a straightforward multifamily configuration within Roane County.

Key Highlights

  • Four apartments, each with 1 bedroom and 1 bathroom
  • 1,760 square feet on 0.22 acres
  • Off‑street parking included

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 (±1% cap)
NOI $17,164 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$225.6K
$197.4K – $263.3K (±1% cap)
NOI $15,795 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$435.9K
$381.4K – $508.6K (±1% cap)
NOI $30,514 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom residences with off-street parking and updated everyday finishes.
Where is this quadplex located?
The property is located at 811 Siluria St 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, each with 1 bedroom and 1 bathroom; 1,760 square feet on 0.22 acres; Off‑street parking included
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