512 N Roane St, Harriman, TN 37748
$549,500
Property Type:
Multi-Family
Square Footage:
4,144
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$549,500
List Date:
3/12/2025
Last Modified:
2/27/2026
Description
Prime investment opportunity in the heart of downtown Harriman, TN! This mixed-use property features 7 units, including one commercial space currently operating as a hair salon and seven efficiency residential units. Landlord covers water, while tenants pay their own electric. A brand-new roof was installed at the end of 2024. Don't miss out on this income-producing property in a prime location!
More Information MLS# 1293042
Location, Tax & Legal Info
Area: Roane County - 31
City/County Code: City Limits
Total Tax: 1882.35
Contract Info
Auction Y/N: No
Listing Price: 549500
Current Price: $549,500
Status: Active
Listing Date: 2025-03-12
General Property Description
Lot Dimensions: 26 X 127.5 (.08 AC)
Lot Size SqFt: 3485
# Units Leased: 7
Utilities/Mo Avg: 400
Property Status: N/A
Driveway: Private
SqFt - Total (Aprox): 4144
Number of Units: 7
Year Built: 1960
Remarks & Misc
Directions: Take exit 350 from I-40
24 min (27.4 mi) Merge onto I-40/I-75 S 9.6 mi
Use the right 2 lanes to turn slightly right onto I-40 (signs for Nashville) 17.6 mi Take exit 350 for TN-29 toward Harriman/Midtown 0.1 mile Keep right and merge onto TN-29 N/Pine Ridge Rd 279 ft
Continue on TN-29 N. Drive to S Roane St 6 min (3.4 mi) Merge onto TN-29 N/Pine Ridge Rd Continue to follow TN-29 N 2.1 mile Turn right onto S Roane St
Public Remarks: Prime investment opportunity in the heart of downtown Harriman, TN! This mixed-use property features 7 units, including one commercial space currently operating as a hair salon and seven efficiency residential units. Landlord covers water, while tenants pay their own electric. A brand-new roof was installed at the end of 2024. Don't miss out on this income-producing property in a prime location!
Income/Expenses
Gross Annual Income: 65100
Annual Oper Expenses: 9546
Property Sub-Type
Five or Six Plex: 1
Construction
Block: 1
Frame - Brick: 1
Masonry: 1
Type of Units
1 Bedroom Unit: 1
Other: 1
Siding
Brick: 1
Sale Includes
Other: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Laminate: 1
Vinyl: 1
Garage/Parking
Off-Street Parking: 1
On Premise Parking: 1
Tenant Expenses
Electricity: 1
Owner Expenses
Electricity: 1
HVAC Maintenance: 1
Insurance: 1
Lawn Maintenance: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Fuel
Electric: 1
Heat
Central: 1
Other Rooms
Other: 1
Roof
Rubber: 1
New Financing
Cash: 1
Conventional: 1
Location Tax Legal Info
House #: 512
St Dir: N
Street Name: Roane
St Suffix: St
State/Province: TN
Zip Code: 37748
PIN #: 026F H 025.01
Geo Lat: 35.935319
Geo Lon: -84.549678
Status Change Info
Status Change Date: 2025-03-12
IncomeExpenses
Net Operating Income: 55554
Property Features
Property Sub-Type: Five or Six Plex
Type of Units: 1 Bedroom Unit; Other
Sale Includes: Other
Floors: Carpet; Laminate; Vinyl
Tenant Expenses: Electricity
Owner Expenses: Electricity; HVAC Maintenance; Insurance; Lawn Maintenance; Sewer; Taxes; Trash Collection; Water
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Construction: Block; Frame - Brick; Masonry
Roof: Rubber
Siding: Brick
Other Rooms: Other
New Financing: Cash; Conventional
Listing Office:
Southland Brokers
IDX
Office Phone: 865-694-6111
Last Updated: February - 27 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
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