116 Flanders Ave 2 Harriman, TN $ 265,000
116 Flanders Ave 2
$ 265,000
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116 Flanders Ave 2

Harriman, TN, 37748
$ 265,000
Bedrooms-- Baths0.0 Sq 1,842

Monthly Estimate*

$ 1,830

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Multi-Family Home for sale in Harriman, TN

for $265,000. This 1,842 square foot home was built in 1920.

This unique investment opportunity features TWO INCOME-PRODUCING HOMES on one lot, offering the perfect setup for both first-time and seasoned investors. With one payment and two rental incomes, this property provides strong cash-flow potential and long-term value. The property includes a charming 2-bedroom, 1-bath home and a spacious 3-bedroom, 1-bath home, both with large carport parking and situated in a peaceful country setting while still being conveniently located within walking distance to Bowers Elementary and nearby shopping. The smaller home features an elevated deck, perfect for relaxing and enjoying the quiet surroundings. Whether you are looking to expand your investment portfolio, house hack by living in one unit and renting the other, or create the ideal primary residence with a private mother-in-law suite, this property offers endless flexibility. Both homes will convey with kitchen appliances as well as washer and dryer set, making this a truly turnkey opportunity ready for immediate occupancy or rental income. Rents are $1290 and $1550 SELLER/AGENT

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Multi-Family Active

Price

$ 265,000

Property Type

Multi-Family

Taxes

$ 1,607

Style

Year Built

1920

Town/City

Harriman

County/Region

Roane

MLS | Web ID

1341204

Features
General
Heating Central Natural Gas Electric
Cooling Central Cooling Wall Cooling Ceiling Fan(s) Window Unit(s)
Appliances Tankless Water Heater Dishwasher Dryer Microwave Range Refrigerator Washer
Security Features Smoke Detector
Construction Materials Stone Vinyl Siding Aluminum Siding Metal Siding Block
Year Built 1920
Unit Number 2
Gross Income 32400
County Roane County - 31
Net Operating Income 30400
Operating Expense 2000
Property Type Multi-Family
Attached Garage false
Status Active
Directions While heading west on I-40 merge right off of I-40 and continue on Pine Ridge Road until it turns into Ruritan Road. Then turn right off of Ruritan Road onto School Street quickly after Flanders Ave will be on your right. Continue until you see two white houses with white carport on your right.
High School Harriman
City Harriman
Number Of Units Total 2
MLS Area Roane County - 31
Elementary School Bowers
Middle/Junior High School Harriman
MLS Area Minor Roane County - 31
Virtual Tour http://my.paradym.com/shownp.asp?sk=13&t=4969349
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing New Loan true
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Interior
Interior Amenities Pantry
Flooring Laminate Vinyl
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Exterior Amenities Windows - Vinyl
Parking Features Off-Street Parking On Premise Parking Carport Detached
Building Area Total 1842
Lot Dimensions 136 X 117 IRR
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* Excluded Features
List By
Keira Ridout

Listing Agent

Wallace Nelson Real Estate

Broker

KRhomes@nelson-realtors.com

Email

Affordability Calculator

$1,964
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,830
Monthly Property Taxes
$134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4689158 Elementary School
4586067 Middle School
Harriman High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$265,000 -8.30% Price Down
6/22/2026$289,000 -3.63% Price Down
5/18/2026$299,900 Listed Price

Map


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116 Flanders Ave 2, Harriman, TN, 37748 is a Multi-Family Home for sale at $265,000 with 1,842 sqft. 116 Flanders Ave 2 has 0.0 baths and was built in 1920. The property's zip code is 37748 which is in Harriman, TN