BJ Can Help You Purchase This Unit

Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

116 Flanders Ave 2, Harriman, 37748

Priced At: $299,900

Property Details for ID: 1341204



SqFt: 1,842
Price SqFt: $163
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-05-18T02:09:43Z

Public Remarks: 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 a brand-new 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/AGENT

Schools Information

Elementary School: Bowers
Middle / Junior School: Harriman
High School: Harriman

Building Description

Year Built: 1920
SqFt (Total): 1,842
Sub-Type: Duplex
Sale Includes: Building and Land
Unit Type(s): 2 Bedroom Unit, 3 or more Bdrm Units

  Exterior Features

Features: Deck, Patio, Windows - Vinyl
Construction: Block
Siding: Aluminum Siding, Metal, Stone, Vinyl

  Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Tankless Water Heater, Washer

  Room Dimensions

  Interior Features

Floors: Laminate, Vinyl
Other Rooms: Bedroom Main Level, Family Room, Mstr Bdrm Main Level
Misc Features: Pantry, WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric, Gas (Natural)

Financing

Finance Options: Cash, Conventional, New Loan
Gross Annual Income: 32,400
Annual Operating Expenses: 2,000
Net Operating Income: 30,400

  HOA Information

Restrictions: No

Heating & Cooling

Cooling Type(s): Ceiling Fan(s), Central Cooling, Wall Cooling, Window Unit(s)
Heat Type(s): Central

Garage / Parking

Carport, Detached, Off-Street Parking, On Premise Parking

  Community Features

Outbuildings

Presented By: / Wallace Nelson Real Estate

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

While heading west on I-40, merge right off of I-40 and continue on Pine Ridge Road until it turns into Ruritan Road. Then turn right off of Ruritan Road onto School Street, quickly after, Flanders Ave will be on your right. Continue until you see two white houses with white carport on your right.



Your commute

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Four Reasons to Use BJ Swinehart

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

International Experience

I am a Certified International Property Specialist and have worked with buyers and sellers from all over the world.

Experience Is Key

Licensed since 1981, I have the experience to solve problems that arise and the know how to avoid major pitfalls

Full-Time Access

My buyers and sellers have my personal cell phone number and can reach me on a full-time basis.

Buyers Network

Utilizing the very latest in lead generation and good old fashioned hard work, I already have a network of qualified purchasers looking for the right home or property.



Re/max Preferred Properties is a licensed Tennessee Real Estate Firm. Firm License 209356. Some or all of the Listing Displayed on this Site may not belong to Re/max Preferred Properties. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.