$265,000
$35K PRICE DROP

116 Flanders Ave Unit 2 Harriman, TN 37748

Harriman Area

Estimated payment $1,588/month

Total Views 5,383
-- Bed
-- Bath
1,842 Sq Ft
$144 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Patio
  • Storage
  • Detached Garage
  • Tankless Water Heater
  • Central Heating and Cooling System

About This Home

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 a brand-new 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. SELLER/AGENT

Listing Agent

Keira Ridout

Wallace Nelson Real Estate License #385169 Listed on: 05/18/2026

Wallace Nelson Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1920

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Metal Roof
  • Aluminum Siding
  • Metal Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,842 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Family Room
  • Storage
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Carport
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Bowers Elementary School
  • Harriman Middle School
  • Harriman High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • The owner pays for insurance, supplies, exterior maintenance, HVAC maintenance, roof maintenance
  • Assessor Parcel Number 036B G 00600 000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,000
  • Net Operating Income $30,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,607

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Listing Details

  • 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.
  • Prop. Type: Residential Income
  • Year Built: 1920
  • Lot Size: 136 X 117 IRR
  • Contract Info:List PriceSqFt2: 143.86
  • General Property Description:Driveway: Gravel
  • Construction:Construction: Block
  • Fuel:Fuel: Electric, Gas (Natural)
  • Misc Features:Misc Features: Pantry, Washer/Dryer Connect
  • Other Rooms:Other Rooms: Family Room, Bedroom Main Level, Mstr Bdrm Main Level
  • Property Sub-Type:Property Sub-Type: Duplex
  • Miscellaneous: Storage Space, Washer/Dryer Cnctns, Utility Room
  • Type of Units: 2 Bedroom Unit, 3 or more Bdrm Units
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Microwave, Washer, Dryer, Tankless Water Heater
  • Owner Pays: Insurance, Supplies, Other, Exterior Maintenance, HVAC Maintenance, Roof Maintenance
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Pantry

Exterior Features

  • Exterior Features: Windows - Vinyl
  • Construction Type: Block, Aluminum Siding, Metal Siding, Stone, Vinyl Siding
  • Patio And Porch Features: Patio
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking, Carport, Detached, Off Street
  • GarageParking:GarageParking: On Premise Parking, Carport, Detached, Off-Street Parking

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Wall Unit(s), Window Unit(s)
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes

Schools

  • Elementary School: Bowers
  • High School: Harriman
  • Middle Or Junior School: Harriman

Lot Info

  • Parcel #: 036B G 00600 000

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Trash Collection, Lawn Maintenance, Heating, Cooling, Tenant Pays All Util, Sewer

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 32400.0
  • Property Net Operating Income: 30400.0
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 1607.41

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/24/2026 07/24/26 Price Changed $265,000 -8.3% $144 / Sq Ft
06/22/2026 06/22/26 Price Changed $289,000 -3.6% $157 / Sq Ft
05/18/2026 05/18/26 For Sale $299,900 -- $163 / Sq Ft
Source: East Tennessee REALTORS® MLS

Source: East Tennessee REALTORS® MLS

MLS Number: 1341204

East Tennessee REALTORS® MLS

APN: 036B-G-006.00

Tennessee Roane County Harriman 37748

116 Flanders Ave Unit 2, Harriman, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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Listing Agent
Keira Ridout
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Wallace Nelson Real Estate
(865) 745-8425
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