830 Tennessee Ave Etowah, TN 37331
This exceptional mixed-use property at 830 Tennessee Avenue, Etowah, Tennessee, presents a compelling investment opportunity. The building encompasses 4,800 square feet and sits on a 0.11-acre lot. Currently generating income from four upstairs apartments, this property offers significant upside potential. Two vacant ground-floor commercial spaces provide a blank canvas for a variety of business ventures, allowing for customization to suit individual needs. The existing rental income from the apartments provides a stable foundation for immediate returns, while the commercial spaces offer the chance to expand revenue streams. The property's size and layout offer flexibility for future development, potentially including the addition of more residential units to further increase income generation. This is an ideal opportunity for investors seeking a property with proven income and substantial growth potential in a desirable location. The property is priced at $320,000 and presents a rare chance to acquire a versatile and profitable asset in the thriving Etowah market. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.