For sale

$495,000

617 Russell Ave, Harriman, TN 37748

7beds

6baths

3,746sqft

$2,857/mo

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Multi Family

Built in 1994

-- sqft lot

$-- Zestimate^®

$132/sqft

$-- HOA

What's special

Dedicated tenant-friendly off-street parking

Prime Investment Opportunity: Income-producing 6-unit multifamily building situated in a highly desirable, high-demand location. This property is tailor-made for investors looking to scale their portfolios or secure a reliable stream of long-term rental income. It features dedicated, tenant-friendly off-street parking that adds massive convenience and appeal, while an investor-preferred utility structure--where tenants are fully responsible for their own utilities--keeps your operational overhead incredibly low. Don't let this turn-key, low-stress cash flow generator slip away!

18 days

790

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6

Heating

Other, Electric

Cooling

Central Air

Appliances

Included: Range, Refrigerator

Features

Flooring: Carpet

Interior area

Total structure area: 3,746
Total interior livable area: 3,746 sqft

Property

Parking

Parking features: Off Street, Carport
Has carport: Yes

Lot

Size: 85 Acres
Dimensions: 85 x 157.5 IRR (.30 AC)

Details

Parcel number: 036G G 00400 000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Other

Condition

Year built: 1994

Community & HOA

Location

Region: Harriman

Financial & listing details

Price per square foot: $132/sqft
Tax assessed value: $434,600
Annual tax amount: $3,746
Date on market: 7/13/2026
Listing terms: VA Loan,Call Listing Agent,Alternative,New Loan,Second Mortgage,FHA,Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/13/2026	Listed for sale	$495,000$132/sqft
Source: East Tennessee Realtors #1347980 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,746 +14.5%	$173,840 +81.5%
2024	$3,270 -0.4%	$95,760
2023	$3,285	$95,760
2022	$3,285 +1.8%	$95,760
2021	$3,227 -3.6%	$95,760
2020	$3,346 +11.6%	$95,760 +17.4%
2019	$2,997 +2.4%	$81,560
2018	$2,928	$81,560
2017	$2,928 +51.5%	$81,560
2016	$1,933	$81,560
2015	$1,933	$81,560 -1.6%
2013	$1,933	$82,880 +10.5%
2011	--	$75,000
2010	$2,354	$75,000
2009	--	$75,000 +27.2%
2008	$2,235	$58,960
2007	$2,235 +7.1%	$58,960
2006	$2,087	$58,960
2005	$2,087 -17.4%	$58,960
2004	$2,526 +11.9%	$58,960 +11.9%
2003	$2,257	$52,680
2001	--	$52,680 -60%
2000	--	$131,700

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 37748

Getting around

24 / 100

Car-Dependent

7 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Bowers Elementary School
Grades: PK-5Distance: 0.1 mi
6/10
Harriman Middle School
Grades: 6-8Distance: 1.8 mi
5/10
Harriman High School
Grades: 9-12Distance: 1.8 mi

Schools provided by the listing agent

Elementary: Bowers
Middle: Harriman
High: Harriman

Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.