Multifamily

Athens, TN Multifamily Properties for Sale

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6 properties
Multi-Unit Building in Athens, TN
Updated: Feb 17
Multi-Unit Building in Athens, TN

206-216 E Madison Avenue, Athens, TN 37303

$499,000
7,308 sqft 0.20 AC lot
Excellent location in the heart of Athens, TN.
All brick multi‑unit building.
Currently income producing with long‑term renters.
Central heating and cooling.
Parking lot available.
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Remodeled Duplex Residential Income
Updated: Mar 6
Remodeled Duplex Residential Income

104 Pine Street, Athens, TN 37303

$295,000
2,049 sqft
Ranch duplex with two single‑level units, each offering 2 bedrooms and 1 full bathroom
Remodeled interior with new flooring, fresh paint, and all‑new light fixtures throughout
New HVAC, plus new appliances including electric oven and refrigerator
Exterior updates include freshly painted exterior, redone porch/deck, and added privacy fence
Utilities include cable available; served by public water and public sewer
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Remodeled Duplex with Two Single Units
Remodeled Duplex with Two Single Units

104 Pine St, Athens, TN 37303

$295,000

Two single-level residences in a remodeled duplex, offering separate layouts with updated HVAC, appliances, and finishes.

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Well-Maintained Duplex For Sale
Well-Maintained Duplex For Sale

153-155 Oak Street, Athens, TN 37303

$349,000
2,048 sqft

Duplex with two occupied units, ideal for passive income.

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Stabilized Multifamily Portfolio For Sale
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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Downtown Athens Income Property
Downtown Athens Income Property

205/207 E Washington Ave, Athens, TN 37303

$650,000
0.08 AC lot

Mixed-use property with high income potential in downtown Athens.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 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.

Income Producing Duplex Investment
Income Producing Duplex Investment

122 County Road 513, Etowah, TN 37331

$269,000
1,872 sqft

Fully rented duplex offers two attached-carport units in Etowah, with separate monthly rental income.

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Riverfront Income Property with Cabins
Riverfront Income Property with Cabins

5551, 5611 River Road, Decatur, TN 37322

$600,000
5,905 sqft

Income producing property includes eight 2-bedroom cabins, plus single- and double-wide units and an extra lot across the street.

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Sports Bar and General Store with Apartments
Sports Bar and General Store with Apartments

370 State Highway 304, Decatur, TN 37322

$869,900
4,080 sqft

Turn-key sports bar, general store, and rental apartments near Watts Bar Lake with paved parking and existing operations.

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Remodeled Duplex with Rented Units
Remodeled Duplex with Rented Units

340 Grady Road, Etowah, TN 37331

$310,000
1,740 sqft

Completely remodeled duplex with two rented units and covered outdoor deck space plus parking.

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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
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
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
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
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.

213 County Rd
MOBILE HOME PARK, TRAILER PARK

213 County Rd, Athens, TN 37303

Value Estimation by Request
6.32 AC lot
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901 Eastanallee Ave
MOBILE HOME PARK, TRAILER PARK

901 Eastanallee Ave, Athens, TN 37303-3895

Value Estimation by Request
960 sqft 0.21 AC lot
View details
Layman Rd & Dennis St
Individual retail properties

0 Layman Rd & Dennis St, Athens, TN 37303

Value Estimation by Request
31.78 AC lot
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401 Ee Ave
MOBILE HOME PARK, TRAILER PARK

401 Ee Ave, Athens, TN 37303-1737

Value Estimation by Request
1,200 sqft 2.15 AC lot
View details

Athens, TN Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Athens, TN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 11,405 square feet of properties for sale, with an estimated market value of $1,143,000.

Sale prices for multifamily properties in Athens, TN start at $295,000, averaging $381,000, and reaching up to $499,000 — 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

Duplexes 3
Apartment buildings 2

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 $419.6K

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)

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