5 Units - Harriman, TN
Multifamily | 5 Units | Harriman, TN
Marketing description
925 and 929 N Roane St in Harriman, TN presents a strong value-add investment opportunity with a solid income stream already in place. This property includes a fully updated quadplex with four 1 bed, 1 bath units, as well as a separate 3 bed, 1 bath single-family home on the same parcel. With a total monthly income of $4,300 and a pro forma of $5,100/month, this asset provides immediate cash flow and future upside.
The quadplex has been recently improved with all new electric meters, a new roof, new flooring, and completely renovated bathrooms and kitchens across all units—each with an identical, efficient layout. The detached single-family home adds another layer of rental income and tenant diversity.
Located in a growing market with strong rental demand, 925 and 929 N Roane St is ideal for investors seeking a stabilized asset with long-term growth potential and minimal deferred maintenance.
Investment highlights
Two properties: Quadplex + 3BR/1BA house on one parcel
Income: $4,300/month with $5,100/month pro forma
Renovated: New roof, electric, flooring, kitchens, baths
Efficient layout: All quad units are identical
Upside: Room to increase rents and boost returns
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