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Active 41 days on market

116 Flanders Ave 2

Harriman, TN 37748 · Roane County

$265,000

$24,000 price cut · Jul 24

Sq ft
1,842
Built
1920

Listing courtesy of Wallace Nelson Real Estate · MLS #1341204

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.

Rents are $1290 and $1550

SELLER/AGENT

Details

Home

Type
Residential Income
Year built
1920
Living area
1,842 sq ft
Parking
On Premise Parking, Carport, Detached, Off Street

Interior

Rooms
Family Room, Bedroom Main Level, Mstr Bdrm Main Level
Flooring
Laminate, Vinyl
Appliances
Refrigerator, Range, Dishwasher, Microwave, Washer, Dryer, Tankless Water Heater
Features
Pantry
Also
Pantry, Washer/Dryer Connect

Exterior

Construction
Block, Aluminum Siding, Metal Siding, Stone, Vinyl Siding
Porch & patio
Patio

Land

Deed restrictions
None

Utilities

Heating
Central, Electric, Natural Gas

Listing

MLS #
1341204
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
  • Conventional
  • New Loan

Instant pre-approval

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Call (865) 535-7119
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
Approximate, by road

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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 # 1341204.