Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 4-bedroom, 3-bathroom residential multi family at 350 Carolina Avenue in Erwin, TN is listed for $327,900 ($186 per sqft). Built in 1954, the home offers 1,766 sqft of living space on a 0.22 acres lot.

Agent Description

DOWNTOWN ERWIN INVESTMENT OPPORTUNITY!!! Don't miss this chance to own a fully rented income producing property in the heart of downtown ERWIN! ''Renovated'' 1766 sq ft 2 Family Home nestled on an oversized flat lot located in a wonderful neighborhood with walking distance to downtown!

The lower level is with 2 bedrooms and 2 full bathrooms and is rented for $1,200. The Upper Level is a 2 bedroom and 1 full bathroom and is rented for $950. Outstanding tenants and they want to remain in the property. There is a 20 X 24 block garage with alley access that has a separate rental income of $250.

Each Unit includes all appliances, refrigerator, range, washer/dryers. Newer renovations include New HVAC up and down, new electric service metal roof, both apartments have been totally renovated. Opportunities like this don't come often capitalize on Erwin's growing market and secure this revenue-generating property today!

Key Features

  • Built in 1954
  • 0.22 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
3 full
#2
1954

Amenities

FireplaceHardwoodA/C

Monthly Cost Estimate

$1,754/mo

20% down · 6.5% · 30 years

Principal$237
Interest$1,421
Insurance$96

Estimates only. Actual payments may vary.

Location

350 Carolina Avenue

Erwin, TN 37650

E R Co

Features & Amenities

Interior Features

Remodeled

Property Details

Flooring

HardwoodVinylLaminate

Construction

Asbestos Plaster

Pool Features

PatioPorchDeck

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Heat Pump

Appliances

DryerElectric RangeRangeWasher

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 350 Carolina Avenue is listed at $327,900 ($186/sqft). The estimated monthly payment is $1,421 based on 20% down at 6.5% interest.

Key features include: Built in 1954, 0.22 acre lot, 2 stories, Fireplace. Interior Features: Remodeled.

This property is listed by Deborah Sutherland and can be reached at 4232137005 or suthie57@aol.com.

DS

Deborah Sutherland

Agent at Highland Ridge Properties LLC

(423) 213-7005

Listed by Highland Ridge Properties LLC · View on Broker Site

MLS# 9997040· Source: listhub· Updated 7 days ago

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

350 Carolina Avenue, Erwin, TN 37650

Open this listing in: