For sale

Price cut: $30.4K (10/2)

$297,500

350 Carolina Ave #2, Erwin, TN 37650

4beds

3baths

1,766sqft

$2,029/mo

Get pre-qualified

Duplex, Multi Family

Built in 1954

-- sqft lot

$286,900 Zestimate^®

$168/sqft

$-- HOA

What's special

Metal roofOversized flat lot

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!

107 days
235
12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Electric, Heat Pump

Cooling

Heat Pump

Appliances

Included: Dryer, Electric Range, Range, Washer
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup

Features

Remodeled
Flooring: Vinyl, Hardwood, Laminate
Basement: Concrete
Number of fireplaces: 1
Fireplace features: Living Room, Decorative

Interior area

Total structure area: 1,766
Total interior livable area: 1,766 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Concrete, Detached
Attached garage spaces: 1
Carport spaces: 1
Covered spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Deck, Front Patio, Front Porch, Porch

Lot

Size: 9,583 Square Feet
Dimensions: 50 x 190
Topography: Level

Details

Additional structures: Garage(s)
Parcel number: 031c E 003.00
Zoning: R 3

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex, Multi Family
Attached to another structure: Yes

Materials

Asbestos, Plaster
Roof: Metal

Condition

Updated/Remodeled,Above Average
New construction: No
Year built: 1954

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: E R Co

HOA

Has HOA: No

Location

Region: Erwin

Financial & listing details

Price per square foot: $168/sqft
Date on market: 6/19/2026
Listing terms: Cash,Conventional

Estimated market value

$286,900

$273,000 - $301,000

$1,288/mo

Price history

Date	Event	Price
10/2/2026	Price change	$297,500-9.3%$168/sqft
Source: TVRMLS #9997040 Report a problem
6/19/2026	Listed for sale	$327,900$186/sqft
Source: TVRMLS #9997040 Report a problem