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355359 County Road 475, Etowah, TN 37331

$1,500,000
  • 355359 County Road 475, Etowah, TN 37331 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET12,796 MLS#3306083
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional Multi-Family Investment Opportunity | 24.25+ Acres | Multiple IncomeStreams | Event Venue PotentialRare opportunity to own a one-of-a-kind income-producing property situated on approximately24.25+ acres across two parcels in the beautiful mountains of East Tennessee. Combiningestablished rental income, event space, and room for future expansion, this versatile propertyoffers endless possibilities for investors and entrepreneurs alike.The property includes two single-family homes, an income-producing triplex (built in 1992),and an income-producing quadplex (built in 1995). The quadplex also features a communitylaundry room and a spacious lower-level event hall suitable for private gatherings, meetings,receptions, or special events. Additional improvements include an outdoor pavilion,amphitheater, and a peaceful creek bordering the rear of the property.The scenic setting offers mature trees, open green space, mountain views, and a retreat-likeatmosphere that enhances its appeal for both residents and guests. Existing improvementsprovide multiple income streams while offering opportunities for future development, subject tolocal zoning and applicable approvals.Potential uses include short-term rentals, boutique lodging, destination weddings, retreat center,corporate or nonprofit campus, wellness or educational retreat, agritourism, vineyard or winery,long-term rental investment, multi-generational living, or organizational housing.Conveniently located near some of East Tennessee's most sought-after outdoor destinations,including Starr Mountain, the Tellico River, Hiwassee River, Ocoee River, and the CherokeeNational Forest, the property is surrounded by year-round recreation including hiking, troutfishing, kayaking, rafting, camping, horseback riding, and scenic mountain drives--making it anattractive destination for visitors and tenants alike.

355359 County Road 475 | MLS# 3306083

This multi-family property located at 355359 County Road 475, Etowah, TN 37331 is currently listed for sale with an asking price of $1,500,000. Search Etowah real estate on www.robertlippertrealtor.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2
Heating: Central
Roof Type: Metal
Stories: 1.0
Taxes: $4,468
Year Built: 1995

Feature Descriptions

Days on Site: 4
Exterior: Brick, Vinyl Siding
Flooring: Laminate, Wood, Tile
Parking: Concrete, Paved
Parking Notes: Concrete, Paved
Sewer: Septic Tank
Units: 9
Utilities: Water Available
Water: Public

Local Schools

High School: Central High School
Middle School: Etowah Elementary
Elementary School: Mountain View Elementary

Listed By / Shown By

Listed By

Agency Name: East Tennessee Properties LLC
Agency Phone: 4234535722

Shown By

Agent Name: Robert Lippert
Agent Phone: (615) 801-3711
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Nashville MLS

Estimate Your Payment

Estimated Payment

$ 4,148.18 per month $3,338.35 Principal & Interest $372.33 Property Tax $437.50 Homeowner's Insurance

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