Multifamily

Etowah, TN Multifamily Properties for Sale

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Multi-Family Income Property with Event Hall
Updated: Jul 17
Multi-Family Income Property with Event Hall

355/359 County Road 475, Etowah, TN 37331

$1,500,000
12,796 sqft
24.25+/- acres across two parcels in the mountains of East Tennessee, with multiple income‑producing buildings and event space
Income‑producing triplex built in 1992, plus two single‑family homes on the property
Income‑producing quadplex built in 1995 with a community laundry room and a spacious lower‑level event hall
Outdoor event amenities include an outdoor pavilion and an amphitheater
Creek borders the rear of the property
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Multifamily Cabin Portfolio
Updated: Feb 4
Multifamily Cabin Portfolio

128 County Road 882, Etowah, TN 37331

$1,400,000
576 sqft 4.17 AC lot
12 residences: 11 cabins and one doublewide
4.17‑acre multifamily property in Etowah, TN
Five one‑bedroom cabins measure 576 square feet each
Six two‑bedroom cabins measure 784 square feet each
Doublewide provides 1,782 square feet
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Income-Producing Triplex Property
Income-Producing Triplex Property

355/359 County Road 475, Etowah, TN 37331

$1,500,000
12,796 sqft 24.25 AC lot

Multi-building residential income property with event facilities, acreage, and established rental improvements in East Tennessee.

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Twelve-Property Investment Opportunity
Twelve-Property Investment Opportunity

128 County Road 882, Etowah, TN 37331

$1,400,000
1,782 sqft 4.17 AC lot

Portfolio of cabins and a doublewide with income potential.

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Remodeled Duplex with Covered Deck
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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Mixed-Use Property with Event Facilities
Mixed-Use Property with Event Facilities

355 County Road 475, Etowah, TN 37331

Contact for pricing
12,796 sqft 24.25 AC lot

Approximately 24.25 acres combine rental residences, event space, outdoor gathering areas, and mountain surroundings under commercial and residential zoning.

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Four-Unit Quadplex
Four-Unit Quadplex

714 Washington Ave, Etowah, TN 37331

Contact for pricing
1,262 sqft

Residential income property with three two-bedroom units and one studio configured for long-term rentals.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Etowah, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Duplex with Separate Guest Home
Duplex with Separate Guest Home

486 Steer Creek Road, Tellico Plains, TN 37385

$649,000
2,140 sqft

Separate guest residence, oversized garage, and storage buildings expand the property's residential and utility options.

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Duplex with Oversized Garage
Duplex with Oversized Garage

486 Steer Creek Rd, Tellico Plains, TN 37385

$649,000
2,140 sqft

Two separate residences combine finished living areas with flexible guest, workspace, and storage options.

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Remodeled 2-Unit Duplex
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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Remodeled Duplex with Two Bedrooms Per Unit
Remodeled Duplex with Two Bedrooms Per Unit

104 Pine St, Athens, TN 37303

$289,000

Two single-level residences offer updated interiors, kitchens, and private outdoor space.

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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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Etowah, TN Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Etowah, TN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 43,748 square feet of properties for sale, with an estimated market value of $6,110,000.

Sale prices for multifamily properties in Etowah, TN start at $310,000, averaging $1,222,000, and reaching up to $1,500,000 — 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

Quadplexes 4
Triplexes 3
Apartment buildings 2
Duplexes 1
Short term rental properties 1

Demographics Overview

Population 7,653
Population Growth (5Y) +3.0%
Median Household Income $56,484
College Educated 24.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
37331 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.01%
Property Tax per SF $33.89 per SF
Tax Rate vs County Average 0.03 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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