Real Estate Investment Properties for Sale in Erwin, TN

Looking for investment property in Erwin, TN with high ROI ?

Explore a variety of short-term homes & houses in Erwin, TN. Invest wisely with VRBO & Erwin, TN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Erwin, TN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
210 Florida Avenue Erwin, TN Welcome to 210 Florida Avenue, a charming 3-bedroom, 1-bath home in the heart of Erwin, TN...	3 beds \| 1 baths \| 1,517 sq.ft.	$214,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 6.13% Airbnb Rental Income: $472 Traditional Rental Income: $1618 Airbnb ROI: -0.81% Traditional ROI: 6.13%
638 S Elm Avenue Erwin, TN Welcome to 638 S Elm Avenue, nestled in the beautiful Erwin hills with open arms ready to ...	3 beds \| 2 baths \| 2,133 sq.ft.	$387,500	Airbnb cash on cash: -1.07% Traditional cash on cash: 4.2% Airbnb Rental Income: $472 Traditional Rental Income: $2120 Airbnb ROI: -1.07% Traditional ROI: 4.2%
117 Sam Rogers Road Erwin, TN Welcome Home to Erwin, Tennessee! Nestled in one of Tennessee's oldest and most charmi...	2 beds \| 2 baths \| 1,485 sq.ft.	$264,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 5.4% Airbnb Rental Income: $1180 Traditional Rental Income: $1781 Airbnb ROI: 1.45% Traditional ROI: 5.4%
106 Buffalo Court Erwin, TN BACK ON MARKET - MOVE-IN READY 3 bedroom/1.5 bath home. Remodeled kitchen with new cabinet...	3 beds \| 2 baths \| 1,210 sq.ft.	$279,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 4.5% Airbnb Rental Income: $472 Traditional Rental Income: $1620 Airbnb ROI: -0.86% Traditional ROI: 4.5%
440 Love Street Erwin, TN Nestled conveniently between Asheville and Johnson City, this lovely historic home is just...	5 beds \| 2 baths \| 2,504 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $2392 Airbnb ROI: N/A Traditional ROI: 5.72%
651 Broyles Avenue Erwin, TN COZY COTTAGE STYLE HOME FEATURING (2) BEDROOMS AND (1) BATH; HARDWOOD FLOORS THROUGHOUT TH...	2 beds \| 1 baths \| 832 sq.ft.	$164,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 6.32% Airbnb Rental Income: $1180 Traditional Rental Income: $1290 Airbnb ROI: 3.17% Traditional ROI: 6.32%
205 Okolona Drive Erwin, TN Welcome home to this charming 3 bedroom, 1.5 bath bungalow nestled in the quaint town of E...	3 beds \| 2 baths \| 1,387 sq.ft.	$209,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 7.85% Airbnb Rental Income: $472 Traditional Rental Income: $1904 Airbnb ROI: -0.73% Traditional ROI: 7.85%
301 Cabin Orchard Road Erwin, TN This place is unbelievable. It's like having your own personal family compound in the moun...	4 beds \| 4 baths \| 3,344 sq.ft.	$1,300,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.33% Airbnb Rental Income: $null Traditional Rental Income: $3063 Airbnb ROI: N/A Traditional ROI: 1.33%
802 Chestnut Avenue Erwin, TN Welcome to 802 Chestnut Avenue in beautiful Erwin! This spacious Cape Cod style home sits ...	3 beds \| 3 baths \| 2,632 sq.ft.	$449,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 4.45% Airbnb Rental Income: $472 Traditional Rental Income: $2505 Airbnb ROI: -1.01% Traditional ROI: 4.45%
124 Tolley Lane Erwin, TN Mountain views set the stage for this beautifully updated one-level home. Recent improveme...	3 beds \| 1 baths \| 1,440 sq.ft.	$230,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 4.98% Airbnb Rental Income: $472 Traditional Rental Income: $1446 Airbnb ROI: -0.73% Traditional ROI: 4.98%
513 Raven Cliff Road Erwin, TN Modern Oasis With Stunning Mountain Views Built in 2021, this exceptional, move-in-ready h...	3 beds \| 2 baths \| 1,360 sq.ft.	$324,900	Airbnb cash on cash: -0.89% Traditional cash on cash: 4.4% Airbnb Rental Income: $472 Traditional Rental Income: $1821 Airbnb ROI: -0.89% Traditional ROI: 4.4%
109 Cherokee Circle Erwin, TN Nestled in the highly sought-after Arrowhead Subdivision, this beautiful 3-bedroom, 3-bath...	3 beds \| 3 baths \| 2,308 sq.ft.	$549,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 3.15% Airbnb Rental Income: $472 Traditional Rental Income: $2377 Airbnb ROI: -1.08% Traditional ROI: 3.15%
133 Deacon Creek Road Erwin, TN Charming Cottage with Mountain Views & Outdoor Living Spaces! Nestled in a serene mountain...	3 beds \| 1 baths \| 1,308 sq.ft.	$250,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 5.02% Airbnb Rental Income: $472 Traditional Rental Income: $1594 Airbnb ROI: -0.86% Traditional ROI: 5.02%
429 Love Street Erwin, TN Welcome to 429 Love Street-- timeless curb appeal in the heart of Erwin! Whether you're lo...	3 beds \| 2 baths \| 1,826 sq.ft.	$399,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 3.63% Airbnb Rental Income: $472 Traditional Rental Income: $2028 Airbnb ROI: -1.24% Traditional ROI: 3.63%
128 Lum Mcintosh Road Erwin, TN Endless Possibilities on 121 Acres! Discover the perfect blend of rustic charm and expansi...	3 beds \| 2 baths \| 2,212 sq.ft.	$1,300,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 0.58% Airbnb Rental Income: $472 Traditional Rental Income: $2163 Airbnb ROI: -1.04% Traditional ROI: 0.58%
513 Tinker Cemetery Road Erwin, TN Welcome to your own little mountain retreat with this charming cabin in the Temple Hill ar...	2 beds \| 1 baths \| 1,344 sq.ft.	$189,200	Airbnb cash on cash: 2.62% Traditional cash on cash: 5.45% Airbnb Rental Income: $1180 Traditional Rental Income: $1304 Airbnb ROI: 2.62% Traditional ROI: 5.45%
100 Edwards Ridge Road Erwin, TN Escape to your own private slice of East Tennessee with this doublewide home completely su...	3 beds \| 2 baths \| 1,728 sq.ft.	$259,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 5.87% Airbnb Rental Income: $472 Traditional Rental Income: $1870 Airbnb ROI: -0.94% Traditional ROI: 5.87%
524 Carolina Avenue Erwin, TN Motivated Seller!! Looking for an adorable, one-level cottage in the heart of Erwin, Tenne...	2 beds \| 1 baths \| 956 sq.ft.	$205,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 4.89% Airbnb Rental Income: $1180 Traditional Rental Income: $1315 Airbnb ROI: 2.22% Traditional ROI: 4.89%
679 Vinton Avenue Erwin, TN Attention-new photos will be coming soon! Sellers are eager to get the home on the market ...	3 beds \| 3 baths \| 1,230 sq.ft.	$235,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 6.61% Airbnb Rental Income: $472 Traditional Rental Income: $1833 Airbnb ROI: -0.72% Traditional ROI: 6.61%
386 Tumbling Creek Road Erwin, TN Welcome to 386 Tumbling Creek Rd 15 minutes from downtown Erwin, TN and just 40 minutes to...	2 beds \| 1 baths \| 1,840 sq.ft.	$249,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 3.94% Airbnb Rental Income: $1180 Traditional Rental Income: $1342 Airbnb ROI: 1.61% Traditional ROI: 3.94%
115 Freeman Silvers Road Erwin, TN Some properties make you slow down the moment you turn onto the road. This is one of them....	4 beds \| 2 baths \| 2,319 sq.ft.	$470,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.9% Airbnb Rental Income: $null Traditional Rental Income: $2362 Airbnb ROI: N/A Traditional ROI: 3.9%
107 Love Blevins Lane Erwin, TN 107 Love Blevins Ln, is a 3 bedroom 2 bath for under $200k. Surrounded by beautiful mounta...	3 beds \| 2 baths \| 1,152 sq.ft.	$135,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 9.84% Airbnb Rental Income: $472 Traditional Rental Income: $1532 Airbnb ROI: -0.4% Traditional ROI: 9.84%
116 Hasty Boulevard Erwin, TN This beautiful 4 bedroom 2.5 bath spacious home has much to offer with a private quiet mou...	4 beds \| 3 baths \| 2,716 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $2529 Airbnb ROI: N/A Traditional ROI: 5.11%
80 Jones Road Erwin, TN Presenting Liberty Estates Apartments located at 80 Jones Road, Erwin, TN 37650. The prope...	8 beds \| 7 baths \| N/A	$3,950,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.86% Airbnb Rental Income: $null Traditional Rental Income: $1849 Airbnb ROI: N/A Traditional ROI: -0.86%
165 Smith Avenue Erwin, TN Some properties give you a home. This one hands you a future. Tucked at the end of a quiet...	4 beds \| 4 baths \| 2,054 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $2218 Airbnb ROI: N/A Traditional ROI: 4.94%
143 Horton Ridge Road Erwin, TN Welcome to this beautifully renovated Cape Cod home offering nearly 3,400 finished square ...	3 beds \| 4 baths \| 3,372 sq.ft.	$519,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 3.26% Airbnb Rental Income: $472 Traditional Rental Income: $2296 Airbnb ROI: -1.05% Traditional ROI: 3.26%
146 Ervin Loop Erwin, TN Gorgeous new construction ,ONE LEVEL home with an open floor plan offering 3 bedrooms, 2 b...	3 beds \| 2 baths \| 1,589 sq.ft.	$434,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 3.41% Airbnb Rental Income: $472 Traditional Rental Income: $1917 Airbnb ROI: -0.8% Traditional ROI: 3.41%
1209 Brown Road Erwin, TN New construction located in the heart of Erwin! This beautiful home offers the convenience...	3 beds \| 2 baths \| 1,775 sq.ft.	$449,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 3.61% Airbnb Rental Income: $472 Traditional Rental Income: $2065 Airbnb ROI: -0.8% Traditional ROI: 3.61%
1207 Brown Road Erwin, TN Gorgeous new construction in Erwin's newest community, Fishery Village! The Ash floor plan...	3 beds \| 2 baths \| 1,943 sq.ft.	$475,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 3.52% Airbnb Rental Income: $472 Traditional Rental Income: $2132 Airbnb ROI: -0.81% Traditional ROI: 3.52%
313 School Street Erwin, TN Welcome to this charming 1940s cottage-style home, offered for the first time on the marke...	2 beds \| 1 baths \| 900 sq.ft.	$169,900	Airbnb cash on cash: 3.1% Traditional cash on cash: 6.25% Airbnb Rental Income: $1180 Traditional Rental Income: $1306 Airbnb ROI: 3.1% Traditional ROI: 6.25%
222 2nd Street Erwin, TN Back on Market at no fault of the Sellers!! Discover this charming Dutch Colonial home nes...	3 beds \| 2 baths \| 2,216 sq.ft.	$271,500	Airbnb cash on cash: -1.06% Traditional cash on cash: 6.88% Airbnb Rental Income: $472 Traditional Rental Income: $2239 Airbnb ROI: -1.06% Traditional ROI: 6.88%
154 Horton Ridge Road Erwin, TN Welcome to this beautifully maintained home perched atop Horton Ridge, where breathtaking ...	3 beds \| 3 baths \| 4,446 sq.ft.	$774,500	Airbnb cash on cash: -1.08% Traditional cash on cash: 1.7% Airbnb Rental Income: $472 Traditional Rental Income: $2207 Airbnb ROI: -1.08% Traditional ROI: 1.7%
345 S Elm Avenue Erwin, TN Back on the market at no fault of the seller! Welcome to 345 S Elm Ave! This beautiful bri...	3 beds \| 2 baths \| 1,642 sq.ft.	$315,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 4.78% Airbnb Rental Income: $472 Traditional Rental Income: $1908 Airbnb ROI: -0.97% Traditional ROI: 4.78%
805 Rock Creek Road Erwin, TN Discover this charming brick ranch nestled on just over 3 acres of picturesque land in Erw...	3 beds \| 2 baths \| 1,515 sq.ft.	$289,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 4.58% Airbnb Rental Income: $472 Traditional Rental Income: $1804 Airbnb ROI: -1.3% Traditional ROI: 4.58%
631 S Elm Avenue Erwin, TN Back on the market! Due to the buyer's financing falling through, this home is available a...	3 beds \| 1 baths \| 1,040 sq.ft.	$214,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 5.35% Airbnb Rental Income: $472 Traditional Rental Income: $1457 Airbnb ROI: -0.8% Traditional ROI: 5.35%
340 N Mohawk Drive Erwin, TN Affordable and move-in ready -- Hard to find at this price point. This charming home check...	2 beds \| 1 baths \| 864 sq.ft.	$165,000	Airbnb cash on cash: 3.13% Traditional cash on cash: 5.26% Airbnb Rental Income: $1180 Traditional Rental Income: $1130 Airbnb ROI: 3.13% Traditional ROI: 5.26%
375 Okolona Drive Erwin, TN Discover a remarkable opportunity to own a home in Erwin, nestled on three and a half expa...	3 beds \| 3 baths \| 1,895 sq.ft.	$299,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 6.78% Airbnb Rental Income: $472 Traditional Rental Income: $2434 Airbnb ROI: -1.14% Traditional ROI: 6.78%
120 Unicoi Gate Lot 38 Erwin, TN Welcome to Walnut Reserve. A Beautiful brand new Subdivision in Madisonville Tn. Close to ...	3 beds \| 2 baths \| 1,800 sq.ft.	$289,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 6.75% Airbnb Rental Income: $472 Traditional Rental Income: $2278 Airbnb ROI: -0.87% Traditional ROI: 6.75%
630 Vinton Avenue Erwin, TN Back on Market at no fault to seller. Price reduced to reflect newly discovered needed rep...	4 beds \| 2 baths \| 1,250 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.35% Airbnb Rental Income: $null Traditional Rental Income: $1711 Airbnb ROI: N/A Traditional ROI: 6.35%
814 Dogwood Drive Erwin, TN PERFECT TOWN AND COUNTRY SETTING - This lovely 2-story home is conveniently located only 2...	4 beds \| 4 baths \| 2,186 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.8% Airbnb Rental Income: $null Traditional Rental Income: $2633 Airbnb ROI: N/A Traditional ROI: 4.8%

Real Estate investment in Erwin, TN

There are 56 properties for sale in the city of Erwin . The median list price in Erwin is $280,832 and the average price per square foot is $160. In July 2026, the average monthly cash on cash return in Erwin is 5.00%. The average monthly rental income in Erwin is $1,887.

Erwin, TN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 56 investment properties available for sale in Erwin.

In 2026, the best neighborhood to buy investment property is Erwin.

The ROI for Long-Term is higher than the Short-Term in Erwin with average rental income of $1,887.

Your search for investment property begins and ends here

Investment Property for Sale in Erwin, TN

210 Florida Avenue

Erwin, TN

3 beds | 1 baths | 1,517 sq.ft.

$214,900

Airbnb cash on cash: -0.81%

Traditional cash on cash: 6.13%

Airbnb Rental Income: $472

Traditional Rental Income: $1618

Airbnb ROI: -0.81%

Traditional ROI: 6.13%

638 S Elm Avenue

Erwin, TN

3 beds | 2 baths | 2,133 sq.ft.

$387,500

Airbnb cash on cash: -1.07%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $472

Traditional Rental Income: $2120

Airbnb ROI: -1.07%

Traditional ROI: 4.2%

117 Sam Rogers Road

Erwin, TN

2 beds | 2 baths | 1,485 sq.ft.

$264,900

Airbnb cash on cash: 1.45%

Traditional cash on cash: 5.4%

Airbnb Rental Income: $1180

Traditional Rental Income: $1781

Airbnb ROI: 1.45%

Traditional ROI: 5.4%

106 Buffalo Court

Erwin, TN

3 beds | 2 baths | 1,210 sq.ft.

$279,900

Airbnb cash on cash: -0.86%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $472

Traditional Rental Income: $1620

Airbnb ROI: -0.86%

Traditional ROI: 4.5%

440 Love Street

Erwin, TN

5 beds | 2 baths | 2,504 sq.ft.

$349,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.72%

Airbnb Rental Income: $null

Traditional Rental Income: $2392

Airbnb ROI: N/A

Traditional ROI: 5.72%

651 Broyles Avenue

Erwin, TN

2 beds | 1 baths | 832 sq.ft.

$164,900

Airbnb cash on cash: 3.17%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $1180

Traditional Rental Income: $1290

Airbnb ROI: 3.17%

Traditional ROI: 6.32%

205 Okolona Drive

Erwin, TN

3 beds | 2 baths | 1,387 sq.ft.

$209,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: 7.85%

Airbnb Rental Income: $472

Traditional Rental Income: $1904

Airbnb ROI: -0.73%

Traditional ROI: 7.85%

301 Cabin Orchard Road

Erwin, TN

4 beds | 4 baths | 3,344 sq.ft.

$1,300,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.33%

Airbnb Rental Income: $null

Traditional Rental Income: $3063

Airbnb ROI: N/A