116 Flanders Ave 2
Harriman, TN 37748 · Roane County
$265,000
$24,000 price cut · Jul 24
- Beds
- 5
- Baths
- 2
- Sq ft
- 1,842
- Acres
- 0.36
- Built
- 1920
Listing courtesy of Wallace Nelson Real Estate · MLS #1341206
Description
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 an elevated 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 IS AGENT
Unit one rent- $1,550 mo Unit two rent- $1,290 mo
Details
Home
- Type
- Residential · Single Family Residence
- Style
- Other
- Year built
- 1920
- Living area
- 1,842 sq ft
- Bedrooms
- 5
- Bathrooms
- 2 full
- Basement
- Unfinished, Walk-Out Access, Crawl Space
- Parking
- Carport, Off Street, Assigned
Interior
- Rooms
- Great Room, Laundry/Utility, Family Room, Mstr Bdrm Main Level
- Flooring
- Vinyl
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer, Tankless Water Heater
- Features
- Eat-in Kitchen, Pantry
- Also
- Washer/Dryer Connect, Pantry
Exterior
- Construction
- Block, Aluminum Siding, Stone, Wood Siding
- Architecture
- Cottage, Traditional
- Porch & patio
- Patio
Land
- Lot size
- 0.36 acres
- Lot
- Rolling Slope
- Views
- Country Setting, Seasonal Mountain View
- Deed restrictions
- None
- Permitted use
- Overnight or permanent
Utilities
- Water
- Public
- Sewer
- Public sewer
- Heating
- Central, Natural Gas, Electric
Listing
- MLS #
- 1341206
- Status
- Active
- On market
- 41 days
- Listed
- Sep 17, 2026
Finances
- Property tax
- City + county
- Inside city limits
- HOA
- None
- No association dues
- Price per sq ft
- $144
- 1,842 sq ft
Price history
- Jul 24, 2026
- Price cut
- $265,000 −$24,000
- Before
- Listed
- $289,000
Accepted
- Cash
- Other
- Conventional
- New Loan
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Location
- County
- Roane
- ZIP
- 37748
Drive times
- Lenoir City 30 min
- Crossville 45 min
- downtown Knoxville 45 min
- McGhee Tyson Airport 45 min
- ORNL 45 min
- Pellissippi State 45 min
- Turkey Creek 45 min
- UT Medical Center 45 min
- Watts Bar Lake 45 min
- Athens 60 min
- Maryville 60 min
- Tellico Lake 60 min
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Listing courtesy of Wallace Nelson Real Estate. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1341206.
