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Listing view 3

830 Tennessee Ave, 
Etowah, TN 37331

$300,000


Bed


Bath


8,136

Sq Ft


Multi-Family

Active

Listed by

Christy Blanco Elder

Keller Williams

865-977-0770

Last updated:

September 17, 2026, 03:23 PM

MLS#

3540320

Source:

NASHVILLE

About This Home

830 Tennessee Ave

ATTENTION INVESTORS! Start generating income from day one with FOUR currently rented residential units producing a combined $2,590 per month, PLUS two main-level commercial spaces offering additional income and value-add potential! CURRENT RESIDENTIAL RENTAL INCOME: • Unit 1 - Studio - $600/month - Owner pays utilities • Unit 2 - 2 Bedroom - $695/month - Tenant pays utilities • Unit 3 - 1 Bedroom - $695/month - Tenant pays utilities • Unit 4 - Studio - $600/month - Owner pays utilities TOTAL CURRENT RESIDENTIAL RENTAL INCOME: $2,590/MONTH! The four apartments are located upstairs with a separate private entrance and are currently tenant occupied. The roof is approximately 5-6 years old, adding another attractive feature for investors looking for an established income-producing property. But the opportunity doesn't stop with the residential income! The main level features TWO separate commercial retail spaces in a high-visibility corner location along the main strip in Etowah, near the historic train depot. These spaces offer tremendous flexibility and could potentially be used for retail, boutiques, antique shops, offices, service businesses, or other permitted uses. Looking to increase the property's income potential even further? Explore leasing the commercial spaces, operating your own business from one while leasing the other, or consider reconfiguring portions of the commercial space to potentially create additional residential units. Buyers may also wish to explore zoning and possible residential conversion options with the City of Etowah. With FOUR existing income-producing apartments, TWO commercial spaces, 4½ bathrooms, excellent visibility, established rental income, and opportunities to add additional revenue streams, this property offers exciting potential for both immediate income and future growth.

Home Facts

Multi-Family

Built in 1920

Price Summary

300,000

$36 per Sq. Ft.

MLS #:

3540320

Last Updated:

September 17, 2026, 03:23 PM

Added:

14 day(s) ago


Rooms & Interior

Interior

Living Area:

8,136 Sq. Ft.


Structure

Structure

Building Area:

8,136 Sq. Ft.

Year Built:

1920


Finances & Disclosures

Finances

Price:

$300,000

Price per Sq. Ft:

$36 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.