Harrison, TN Multifamily properties for sale

Updated: Apr 23

44-Door Duplex Portfolio

8498 Shawn Ridge Road, Harrison, TN 37341

$6,500,000

56,640 sqft 21.26 AC lot

22 duplexes totaling 44 doors across 21.26 acres
100% occupied residential portfolio
56,640 square feet of property size
Mix of one‑level and two‑story layouts with attached garages
Floor plans range from 2 bedrooms plus den to 3 bedrooms plus den

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This listing looks promising.

Here's a quick look at some key insights for

8498 Shawn Ridge Road, Harrison, TN 37341

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Est. Cap Rate

7.3%
Above avg (5.9%)
Est. NOI

$476K
Annual
Price @ 7% Cap

$6.8M
Above asking
Property Type

Duplex
Built 2013

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Updated: Apr 23

22-Duplex Residential Portfolio

8498 Shawn Ridge Dr, Harrison, TN 37341

$6,999,999

56,640 sqft

22 duplexes comprising 44 total residential doors
100% occupied portfolio
Built between 1990 and 2013
Floor plans range from 2 bedrooms plus den with 1.5 baths to 3 bedrooms plus den with 2 full baths
Refrigerator, stove, dishwasher, and laundry hookups in each unit

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Harrison, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

6-Unit Brick Apartment Building

Mc Donald, TN 37353

$599,000

3,888 sqft 1.00 AC lot

Individual unit metering supports a straightforward utility arrangement, with residents paying their own utilities and ownership covering trash service.

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Brick Duplex with Off-Street Parking

4072 Arbor Place Lane, Chattanooga, TN 37416

$295,000

1,920 sqft 0.25 AC lot

Two ranch-style units offer separate living space, laundry areas, conveyed appliances, and public utilities.

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6-Unit Brick Apartment Building

578 Withrow Road, McDonald, Mc Donald, TN 37353

$599,000

Individually metered units support separate tenant utility billing.

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Two-Unit Duplex with Appliances

4072 Arbor Place Lane, Chattanooga, TN 37416

$295,000

Income-producing duplex with matching layouts, private parking, and appliances included in both residences.

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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.

Cleared Lot Ready for Home

153 Lees Chapel Rd, Tunnel Hill, GA 30755

$45,000

0.43 AC lot

0.43-acre lot in Tunnel Hill, GA, ready for building.

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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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Dunlap, TN Wooded Lot

60 Laurel Drive, Dunlap, TN 37327

Contact for pricing

0.34 AC lot

Affordable wooded lot near Fall Creek Falls and Savage Gulf.

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Harrison, TN Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Harrison, TN on our real estate platform. These investment opportunities span a total of 113,280 square feet of properties for sale, with an estimated market value of $13,499,999.

Sale prices for multifamily properties in Harrison, TN start at $6,500,000, averaging $6,749,999, and reaching up to $6,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
37341	$7M

Neighborhood

Average Price

37341

$7M