37331 Homes under $400,000

37331 Homes under $400,000

Welcome to the charming community of Etowah, TN, nestled in the heart of McMinn County and represented by the zip code 37331. This picturesque city offers a delightful blend of small-town charm and modern conveniences, making it an ideal place for families, retirees, and anyone seeking a peaceful lifestyle surrounded by nature.

Etowah is known for its friendly atmosphere and rich history, with a vibrant downtown area that boasts unique shops, local eateries, and community events that bring residents together. Whether you’re strolling along the scenic streets or exploring the beautiful parks, you’ll find that Etowah offers a warm welcome at every turn.

For homebuyers seeking affordable options, Etowah has an impressive selection of homes priced under $400,000. From cozy bungalows to spacious family residences, there’s something for everyone in this budget-friendly market. Many of these homes feature charming architectural details, generous yards, and easy access to local amenities, making them perfect for those looking to settle down in a welcoming community.

Living in Etowah means enjoying the beauty of East Tennessee, with nearby outdoor activities such as hiking, fishing, and boating. Plus, you’ll have the benefit of being just a short drive away from larger cities like Chattanooga, where you can experience even more shopping, dining, and entertainment options.

If you’re ready to find your dream home in a community that feels like family, explore the wonderful opportunities available in Etowah, TN, zip code 37331. Your new beginning awaits!

Newest 37331 Homes under $400,000

173 County Road 784A, Etowah
$269,000
3 Beds ⋅ 2 Baths ⋅ 3612763 MLS ⋅ ACTIVE Status ⋅ 0.8 Acres ⋅ 37331 Zip Code
Discover new-home living in Magnolia Grove of Etowah, Tennessee. Priced at $269,900, this 2025 Clayton Island Breeze manufactured home sits on approximately 0.80 acre and offers approximately 1,568 square feet with 3 bedrooms, 2 full baths, a split-bedroom design and a permanent foundation. A storage building in the backyard provides additional space for lawn equipment, tools, outdoor gear and more. Inside, the open floor plan creates an easy flow between the living room and kitchen, with plenty of natural light, wood-look flooring and recessed lighting throughout the main living area. The kitchen features white cabinetry, stainless steel appliances, ample counter space, a large center island and pantry, providing plenty of room for cooking, gathering and everyday use. The primary suite is positioned separately from the secondary bedrooms and includes its own full bath. Two additional bedrooms and a second full bath provide flexible space for a variety of needs. A large covered front porch extends the living space outdoors and offers a comfortable place to enjoy the East Tennessee setting. The approximately 0.80-acre lot provides plenty of room to enjoy the outdoors while maintaining convenient access to nearby amenities. Magnolia Grove features city water, city electric, septic and access to Comcast internet. Conveniently located near Etowah and Athens, with the Cherokee National Forest and outdoor recreation throughout Southeast Tennessee nearby, this property combines a new 2025 home, functional one-level layout, generous lot size and added backyard storage at an attractive $269,900 price point. Schedule your private showing today and see what this Magnolia Grove home has to offer. (Certain photos have been virtually staged and AI enhanced. Property taxes TBD.)

173 County Road 784A, Etowah

334 N Washington Ave, Etowah
$349,900
3 Beds ⋅ 3 Baths ⋅ 3545739 MLS ⋅ ACTIVE Status ⋅ 0.9 Acres ⋅ 37331 Zip Code
Welcome to this spacious 3-bedroom, 2.5-bath home in the desirable Hillcrest neighborhood, featuring a primary suite on the main level for added comfort and convenience. Situated on two lots, this property offers plenty of space both inside and out. The main level features a comfortable, functional floor plan, with the primary suite conveniently located downstairs, while the additional bedrooms upstairs are generously sized and include large closets. The seller has also finished an additional room upstairs (not counted in finished square footage), currently used as a home gym, that would make a great home office, hobby room, or additional storage space. The kitchen features granite countertops, a breakfast bar, stainless steel appliances, and plenty of cabinet space. The partially finished walkout basement adds even more usable space and is currently being utilized by the seller as a fourth sleeping area along with a small media room. This versatile space offers plenty of possibilities for recreation, a home office, guest space, or additional storage. Outside, you'll love the large privacy-fenced yard spanning two lots and the expansive back deck, perfect for relaxing, grilling, and entertaining. A two-car attached garage provides additional parking and storage. Conveniently located near schools, shopping, parks, and the Hiwassee and Ocoee Rivers, this home offers a great combination of space, versatility, and location. Schedule your private showing today!

334 N Washington Ave, Etowah

190 County Road 897, Etowah
$175,000
2 Beds ⋅ 2 Baths ⋅ 3542704 MLS ⋅ ACTIVE Status ⋅ 0.47 Acres ⋅ 37331 Zip Code
Enjoy beautiful mountain views and easy one-level living in this 2-bedroom, 2-bath home situated on almost half an acre with a large, level yard. The home offers handicap accessibility with a convenient ramp leading from the parking area to the back entrance, along with a concrete walkway for easy access in the front. Inside, the split-bedroom floor plan provides privacy, while the spacious living area features a large stone gas-log fireplace with built-in bookshelves on both sides, creating a warm and inviting space that could serve as a den, library, or additional gathering area. A dining area, gas stove, laminate flooring, and generously sized laundry room add to the home's functionality. The primary suite includes a spacious bath with tile flooring and tile walls. Outside, enjoy the peaceful setting from the heavy-duty bench swing while taking in the expansive 180-degree mountain views. The property also features an outdoor brick grill area, storage shed, large flat yard, covered one-car carport, and a concrete parking pad with room for additional vehicles. The home could benefit from some fresh paint and updated flooring in areas, offering an opportunity for the new owner to add their own style and bring out its full potential. With its accessible features, spacious lot, incredible mountain views, and versatile living spaces, this property offers a great combination of comfort, functionality, and opportunity.

190 County Road 897, Etowah

830 Tennessee Ave, Etowah
$300,000
3540320 MLS ⋅ ACTIVE Status ⋅ 37331 Zip Code
ATTENTION INVESTORS! Start generating income from day one with FOUR currently rented residential units producing a combined $2,590 per month, PLUS two main-level commercial spaces offering additional income and value-add potential! CURRENT RESIDENTIAL RENTAL INCOME: • Unit 1 - Studio - $600/month - Owner pays utilities • Unit 2 - 2 Bedroom - $695/month - Tenant pays utilities • Unit 3 - 1 Bedroom - $695/month - Tenant pays utilities • Unit 4 - Studio - $600/month - Owner pays utilities TOTAL CURRENT RESIDENTIAL RENTAL INCOME: $2,590/MONTH! The four apartments are located upstairs with a separate private entrance and are currently tenant occupied. The roof is approximately 5-6 years old, adding another attractive feature for investors looking for an established income-producing property. But the opportunity doesn't stop with the residential income! The main level features TWO separate commercial retail spaces in a high-visibility corner location along the main strip in Etowah, near the historic train depot. These spaces offer tremendous flexibility and could potentially be used for retail, boutiques, antique shops, offices, service businesses, or other permitted uses. Looking to increase the property's income potential even further? Explore leasing the commercial spaces, operating your own business from one while leasing the other, or consider reconfiguring portions of the commercial space to potentially create additional residential units. Buyers may also wish to explore zoning and possible residential conversion options with the City of Etowah. With FOUR existing income-producing apartments, TWO commercial spaces, 4½ bathrooms, excellent visibility, established rental income, and opportunities to add additional revenue streams, this property offers exciting potential for both immediate income and future growth.

830 Tennessee Ave, Etowah

325 County Road 784A, Etowah
$289,900
3 Beds ⋅ 2 Baths ⋅ 3529124 MLS ⋅ ACTIVE Status ⋅ 0.8 Acres ⋅ 37331 Zip Code
Brand-new Clayton Tradition home in Magnolia Grove! Located at 325 County Road 784A in Etowah, TN, this beautiful manufactured home offers approximately 1,580 square feet, 3 bedrooms, 2 bathrooms, a versatile den, and a permanent foundation. Priced at $289,900, Lot 6 offers the opportunity to own a new, move-in-ready home on approximately 0.8 acre in a peaceful East Tennessee setting. The thoughtfully designed open-concept floor plan features a spacious living room, dining area, and kitchen with a center island, making the home ideal for both everyday living and entertaining. The split-bedroom layout provides added privacy, with the primary suite separated from the secondary bedrooms. A flexible den offers additional space for a home office, media room, playroom, hobby area, or guest space. Outside, enjoy the views of Starr Mtn from the covered front porch plus a back deck, both offering comfortable spaces to relax and take in the surrounding setting. Magnolia Grove is a new Etowah subdivision featuring Clayton homes on spacious lots with city water, city electric, septic systems, and Comcast/high-speed internet availability. This property combines the benefits of new construction with the space and privacy of a larger lot, all while remaining conveniently located near downtown Etowah, Athens, Starr Mountain, the Hiwassee River, and area outdoor recreation. If you are looking for a new home in Etowah, a Clayton manufactured home on land, or a move-in-ready property in McMinn County under $300,000, Lot 6 in Magnolia Grove is worth a look. Some photos may be AI enhanced. Taxes to be determined.

325 County Road 784A, Etowah

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.