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Duplex and Triplex Portfolio

823 Siluria Street Harriman, TN 37748

823 Siluria Street, Harriman, TN, 37748
$445,000
For Sale
$445,000

Portfolio includes a duplex and triplex on one lot, with all units configured as 1 bed and 1 bath.

Property Size2,914 SF
Price / SF$152.71
Days on Market351

Property Features for 823 Siluria Street

General Information

Standard status
Active
Size
2,914 SF
Property subtype
Multi-Family

Building Details

Year Built
1930
Listing agency PWA Properties
Listed by Kevin G. Tipton · License #275491
Source Compass
Added: Aug 7, 2025 Updated: Jul 22 at 6:23AM Checked: Jul 22 at 6:23AM

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 for-sale portfolio includes a duplex and a triplex located on one lot in Harriman, TN. The units are all 1 bedroom and 1 bathroom. The electrical in the duplex was updated in 2025.

The property is in Roane County and is described as being near major employers and local retailers, supporting everyday tenant convenience.

At full occupancy, the potential gross monthly rent is $4,450. The mix is structured as a duplex plus a triplex, all with the same 1 bed/1 bath unit configuration.

Key Highlights

  • Duplex and triplex on one lot in Harriman, TN
  • All units are 1 bed / 1 bath
  • Potential gross monthly rent of $4,450 at full occupancy

Local Financial Insights For Multifamily LT 5

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 $43.7k $15.00
− Vacancy −$3.1k −$1.07
EGI $40.6k $13.93
− OpEx −$12.2k −$4.18
NOI $28.4k $9.75
2,914 SF · lease $15.00/SF/yr · vacancy 7.12% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$406.0K
$355.2K – $473.6K (±1% cap)
NOI $28,418 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$373.6K
$326.9K – $435.9K (±1% cap)
NOI $26,151 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$721.7K
$631.5K – $842.0K (±1% cap)
NOI $50,522 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Storage Facility Bakery (Bike/Boat/Book/etc) Store Building Supply (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Law Firm Computer & Electronic Repair

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

FAQs

What type of property is this?
Duplex - Portfolio includes a duplex and triplex on one lot, with all units configured as 1 bed and 1 bath.
Where is this duplex located?
The property is located at 823 Siluria Street Harriman, TN.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Duplex and triplex on one lot in Harriman, TN; All units are 1 bed / 1 bath; Potential gross monthly rent of $4,450 at full occupancy
Contact an agent
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