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122 County Road 513, Etowah, TN, 37331

4beds
4baths
1,872sqft
$269,000
$144price/sqft
$1,950/moest. monthly cost
$78,000/yrincome needed

About This Home

INCOME PRODUCING DUPLEX | FULLY RENTED | INVESTMENT OPPORTUNITY - Looking for an investment property in Etowah, TN with immediate rental income? This duplex at 122 County Road 513 offers an excellent opportunity to expand your portfolio with two rental units already positioned to generate income. Each unit features comfortable living space, luxury vinyl plank flooring, and its own attached carport, providing practical amenities that appeal to tenants. The right-side unit rents for $1,000 per month, while the left-side unit rents for $900 per month, with the tenant on the left side responsible for lawn maintenance. This arrangement creates a great balance of rental income while helping reduce ongoing exterior maintenance responsibilities. Conveniently located in Etowah with easy access to nearby communities and everyday amenities, this property offers a solid opportunity for both seasoned investors and those looking to purchase their first income-producing property. Whether you're expanding an existing portfolio or seeking a duplex with steady rental potential, this property is worth a closer look. Schedule your private showing today.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

6/10
7/10
Central High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1974

Materials

  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator,Range Hood
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Eat-in Kitchen
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl
  • Finished area above ground: 1,872

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,872
  • Total interior livable area: 1,872 sqft

Property

Details

  • Parcel number: 087k A 021.00
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Porch - Screened
  • Exterior features: Rain Gutters
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 0.36 Acres
  • Features: Wooded
  • Lot size dimensions: 148 x 105 x 150 x 105

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
Earthquake
Tornado
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,360$16,320
Home Insurance $179$2,148
Property Taxes $236$2,832
Electricity $175$2,103
Total$1,950$23,400

Income You'd Need if You Spent...

35% on housing$66,857/yr
40% on housing$58,500/yr
45% on housing$52,000/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$144This listing

vs Other Active Listings

Avg $/sqft

ZIP 37331$163
McMinn County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 37331$152
McMinn County$170

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$269,000
2026-08-10Contingent$269,000
2026-07-11Listed for sale$269,000
2020-10-09Sold$143,500
2019-06-22Listing removed$129,900
2019-01-10Price change$129,900
2018-09-29Listed for sale$134,900
2004-06-09Sold$82,500
2001-12-06Sold$62,000
2000-09-19Sold$54,000
1998-12-21Sold$50,000
1995-02-13Sold$40,000

For Sale by Agent

AgentCindi Richardson
BrokerageRichardson Group

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