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0 Baths
1,766 sqft

$297,500

350 Carolina Avenue 2, Erwin TN, 37650

Price per sqft$168.46
Built in1954
Property size1,766 sqft
Property typeMulti-family

Overview

Active

Listed Jun 19, 2026

Updated 9 days ago

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!

$1,979/mo

Est. mortgage payment based on a $297,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
9997040

Interior Features

Bathrooms
0
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

The IDX display presents information sourced from the Tennessee / Virginia Regional Multiple Listing Service as of 10/2/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified.

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