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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: Â"¢ Single-Family Flip: Renovate into a spacious 5-bedroom, 3-bathroom home with approximately 2,424 finished square feet. Â"¢ 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. Â"¢ 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.
| LAST UPDATED | 10/1/2026 | YEAR BUILT | 1953 |
|---|---|---|---|
| COMMUNITY | Roane County - 31 | COUNTY | Roane County - 31 |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Bowers |
|---|---|
| Jr. High School | Harriman |
| High School | Harriman |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | None |
| AREA | Roane County - 31 |
| BASEMENT | Other, Walk-Out Access, Yes |
| CONSTRUCTION | Block, Cement Siding, Frame, Vinyl Siding |
| HEAT | Electric, None |
| INTERIOR | Eat-in Kitchen, Master Downstairs |
| LOT | 4.1 acre(s) |
| LOT DESCRIPTION | Irregular Lot, Rolling Slope, Wooded |
| LOT DIMENSIONS | 376 x 616 x 792 |
| PARKING | Off Street, Assigned |
| SEWER | Septic Tank |
| STYLE | Traditional |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Public |
| SATELLITE VIEW |
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The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026. All rights reserved.
This information 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 weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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