Athens, TN Multifamily Properties for Sale

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Updated: Mar 6

Remodeled Duplex

104 Pine Street, Athens, TN 37303

$289,000

2,049 sqft

2,049 SF duplex with two single‑level residential units
Each unit includes 2 bedrooms and 1 full bathroom
Built in 1994 with recent HVAC, appliance, flooring, paint, and lighting updates
One unit adds a dining room and laundry room
Rebuilt porch/deck and newly installed privacy fence

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Updated: Apr 7

Remodeled Duplex with Two Bedrooms Per Unit

104 Pine St, Athens, TN 37303

$289,000

Two‑unit duplex with 2 bedrooms and 1 full bath in each residence
Both residences are single‑level
New HVAC, appliances, flooring, light fixtures, and paint
Rebuilt porch/deck and newly installed privacy fence
Year built: 1994

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Remodeled 2-Unit Duplex

104 Pine St, Athens, TN 37303

$289,000

2,049 sqft

Two single-level residences feature updated interiors and distinct living spaces for flexible occupancy.

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Duplex with Separate Living Spaces

201 County Road 124, Athens, TN 37303

$350,000

1,904 sqft

Two well-maintained units offer eat-in kitchens, laundry areas, storage, and covered entries.

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2-Unit Duplex with Leased Units

147-149 Oak Street, Athens, TN 37303

$349,000

2,048 sqft

Both residences are occupied under existing rental agreements and feature comfortable two-bedroom, two-bath layouts.

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Stabilized Multifamily Portfolio For Sale

1720 Garden Dr, Athens, TN 37303

Contact for pricing

219,926 sqft

Portfolio of 249 HAP units across three Tennessee markets.

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Two-Unit Duplex with Central Air

153/155 Oak Street, Athens, TN 37303

$330,000

Built in 2023 with electric central systems and a kitchen equipped with major appliances.

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Multifamily Property with Central Air

147/149 Oak Street, Athens, TN 37303

$349,000

Built in 2023 with a dishwasher, refrigerator, and self-cleaning oven.

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Mixed-Use Retail and Apartment Property

205-207 W Washington Ave, Athens, TN 37303

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Combined commercial and residential asset with a boutique retail operation and nine apartments in a downtown setting.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 9 Active listings in Athens, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Riverside Cabin and Manufactured Home Park

5551, 5611 River Road, Decatur, TN 37322

$600,000

5,905 sqft

Property offers 10 rental units across cabins and manufactured homes with an additional residential lot.

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Two-Home Multifamily Property

1670 /1680 Goodfield Rd, Decatur, TN 37322

$540,000

4,428 sqft

Two updated residences share a level acreage setting with flexible living layouts and separate gravel driveways.

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Remodeled Duplex with Covered Deck

340 Grady Road, Etowah, TN 37331

$310,000

1,740 sqft

Updated two-unit property with leased residences, modern finishes, outdoor decks, driveway parking, and an attached carport.

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Remodeled Duplex with Covered Deck

340 Grady Rd, Etowah, TN 37331

$310,000

1,740 sqft

Two leased units feature updated interiors, outdoor decking, driveway parking, and an attached carport.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Historic Etowah

113 Alabama Avenue, Etowah, TN 37331

$45,000

0.75 AC lot

Build-ready lot in Etowah, TN with utilities available.

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7.64 Acres Ready For Development

Lot 18 Sam Davis Road, Decatur, TN 37322

$129,880

7.64 AC lot

7.64 acres suitable for development with utilities at road.

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Vonore Land With No Restrictions

5.61 AC Mountain View Drive, Vonore, TN 37885

$128,000

5.61 AC lot

5.61 acres in Vonore, TN, no restrictions, city limits.

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Unrestricted Land with Highway Frontage

Rhea County Hwy, Dayton, TN 37321

$389,900

7.35 AC lot

7.35 acres with high visibility frontage, ideal for development.

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Off-Market Properties in Athens, TN

Consider similar Off-Market properties in Athens, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

213 County Rd, Athens, TN 37303

$285,000

Estimated value

6.32 AC lot

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MOBILE HOME PARK, TRAILER PARK

901 Eastanallee Ave, Athens, TN 37303-3895

$275,000

Estimated value

960 sqft 0.21 AC lot

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Individual retail properties

0 Layman Rd & Dennis St, Athens, TN 37303

Value Estimation by Request

31.78 AC lot

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MOBILE HOME PARK, TRAILER PARK

401 Ee Ave, Athens, TN 37303-1737

$250,000

Estimated value

1,200 sqft 2.15 AC lot

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Athens, TN Multifamily Properties Market Trends and Statistics

Explore 13 multifamily properties for sale in Athens, TN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 227,976 square feet of properties for sale, with an estimated market value of $2,245,000.

Sale prices for multifamily properties in Athens, TN start at $289,000, averaging $320,714, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 25K

Population Growth (5Y) +4.5%

Median Household Income $60,874

College Educated 14.3%

High-Yield Neighborhoods for Investment

Identify Athens submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
37303	$371.4K

Taxes & Financing

Tax Rate (average for all types) 2.03%

Property Tax per SF $38.78 per SF

Tax Rate vs County Average 0.05 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McMinn County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in McMinn County

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