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10-Unit Apartment Buildings
For Sale
$975,000

8473 Hiwassee St NW, Charleston, TN 37310

Two separate buildings support fully leased residential operations in Charleston, Tennessee.

Property Size2,560 SF
Days on Market9

Property Features for 8473 Hiwassee St NW

General Information

Standard status Active
Size 2,560 SF
Property subtype Mixed Use
Occupancy 100%

Additional Details

Multifamily Units 10

Building Details

Building Size 2,560 SF
Year Built 2015
Buildings 2
Listing Agency: Exit Provision Realty
Listed By: Dennis Opp · License #320959
Source: Gracefrankgroup
Added: Aug 12 Changed: Aug 17 Last Checked: Aug 19 at 2:30PM

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 Exit Provision Realty

Investment Insights

Based on property information with market context.

This multifamily property consists of two separate apartment buildings, each containing five residential units, for a combined total of 10 units. The buildings were constructed in 2015, and all units are currently leased. The property also includes two dedicated campground/RV pads and sits on a newly surveyed parcel.

Located at 8473 and 8475 Hiwassee Street NW in Charleston, Tennessee, the offering combines established apartment improvements with additional site features. An additional apartment building may be possible in the future, subject to required approvals and permits. Tenants’ rights apply, and access should be coordinated without disturbing occupants.

Key Highlights

  • Two separate 5‑unit apartment buildings
  • 10 residential units currently leased
  • Built in 2015

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Grocery & Convenience Store Hair Salon Pharmacy

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

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 37310, TN

4,384
Population
1,736
Households
2.5
Avg Household Size
45
Median Age
10%
College-Educated
90%
High-School Grad
42.7 sq mi
ZIP Area
103
Density / Sq Mi
$76,401
Median Household Income
$42,090
Median Earnings
$848
Median Rent
$223,000
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?
Apartment building - Two separate buildings support fully leased residential operations in Charleston, Tennessee.
Where is this apartment building located?
The property is located at 8473 Hiwassee St NW Charleston, TN.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two separate 5‑unit apartment buildings; 10 residential units currently leased; Built in 2015
More about this property
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