$160,000

About this home

Investor Opportunity | 4.1 Acres | Full Gut Rehab | Harriman, TN Value-add investors, rehabbers, and builders--this is the type of property worth taking a closer look at. Located at 693 Hassler Mill Rd in Harriman, this 4.1-acre property offers a full gut-rehab opportunity with an existing structure of approximately 2,424 potential finished square feet and multiple ways to create value. The property has already been cleaned out, with the driveway and surrounding site cleared, giving the next investor a head start. Multiple Exit Strategies: • Single-Family Flip: Renovate into a spacious 5-bedroom, 3-bathroom home with approximately 2,424 finished square feet. • Duplex / BRRRR: Take advantage of the lower-level walkout and convert the property into two rental units, creating an opportunity for long-term cash flow and a potential BRRRR strategy. The proposed configuration includes a 2BR/2BA main-level unit and 2BR/1BA lower-level unit. • Land Development: Explore subdividing a portion of the 4.1-acre parcel for an additional residential homesite, with the option to build a second home or sell the additional land, subject to required approvals. The existing structure has solid bones and structural integrity, while the cleared interior and site provide a clean starting point for a major renovation. This is an opportunity to create equity through renovation, generate rental income, pursue a BRRRR strategy, or maximize the acreage through future development. Bring your contractor, run your numbers, and determine which strategy best fits your investment plan. Property is being sold as-is. Buyer to independently verify zoning, subdivision potential, permitted uses, utilities, square footage, and all development/renovation requirements.

Property details

MLS #

1357371

Property type

Single Family Residence

Subdivision

N/A

Status

Active

Days on market

1

On market date

October 1, 2026

Stories

N/A

Total bathrooms

2

Garage spaces

N/A

Parking spaces

N/A

Lot size

4.1 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).