37331 Homes under $500,000

Welcome to the charming community of Etowah, Tennessee, nestled in the heart of McMinn County, with the zip code 37331. This picturesque town offers a delightful blend of small-town charm and modern conveniences, making it an ideal place to call home. With a rich history and a friendly atmosphere, Etowah is perfect for families, retirees, and anyone looking to embrace a relaxed lifestyle.

One of the standout features of this area is the availability of beautiful homes priced under $500,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find a variety of options to suit your needs. From cozy bungalows to spacious family homes, the real estate market in Etowah offers something for everyone. Many properties boast lovely yards, perfect for outdoor gatherings, gardening, or simply enjoying the serene surroundings.

Living in Etowah means you can enjoy the tranquility of rural life while still being conveniently located near larger cities like Athens and Cleveland. Residents benefit from easy access to local parks, recreational facilities, and a strong sense of community. The area is known for its excellent schools and vibrant local events, ensuring that there’s always something fun happening nearby.

If you’re searching for an affordable home with character and charm, Etowah, TN, is the perfect place to start your journey. Explore the real estate options available in the 37331 zip code and discover the welcoming community that awaits you!

Newest 37331 Homes under $500,000

$314,900

3 Beds ⋅ 2 Baths ⋅ 3619313 MLS ⋅ ACTIVE Status ⋅ 0.71 Acres ⋅ 37331 Zip Code

Step into this beautifully remodeled home, where modern updates meet timeless charm! This property boasts a new metal roof, custom-made solid wood kitchen cabinets paired with a stunning refurbished antique kitchen sink, and a natural gas stove perfect for any home chef. Enjoy the warmth of the Buckstone insert wood-burning fireplace in the cozy living room, complemented by all new hardwood flooring throughout the home. Every detail has been considered, with new HVAC, new thermal insulated windows, and a lovely 50' x 8' added-on back porch for outdoor relaxation. The home has been completely updated with new wiring, plumbing bathroom fixtures,and blown in insulation, ensuring peace of mind for years to come. Home is also on a large lot, It is over 1/2 an acre for children or pets to play endlessly ! Don't miss the chance to own this thoughtfully upgraded gem!

191 County Road 887, Etowah

$230,000

3 Beds ⋅ 1 Baths ⋅ 3618774 MLS ⋅ ACTIVE Status ⋅ 2.5 Acres ⋅ 37331 Zip Code

Country charm with room to enjoy the outdoors! Set on 2.5 acres in Etowah, this 3-bedroom, 1-bath ranch home offers 1,436 square feet, mature trees, and a welcoming covered front porch. Large windows brighten the living room, while a separate flex space could serve as a dining room, den, or home office. The kitchen features an island and windows overlooking the yard. Outside, enjoy the rear deck, fenced yard area, and two storage buildings for tools and outdoor equipment. The roof was replaced in 2014, and the home has a new air conditioning unit. With space inside and out, this property offers a comfortable place to settle in and make your own. Come see 139 County Road 532 for yourself!

139 County Road 532, Etowah

$239,000

3614568 MLS ⋅ ACTIVE Status ⋅ 0.4 Acres ⋅ 37331 Zip Code

Looking for a brand-new feeling? Recently been remodeled and is ready for a new homeowner. One level that offers open living area with 3-bedroom 2 bath.

1100 8th St, Etowah

$425,000

3 Beds ⋅ 3614571 MLS ⋅ ACTIVE Status ⋅ 0.32 Acres ⋅ 37331 Zip Code

Stylish brick ranch home 3-bedroom 2 bath with a full basement. This home also features an inground pool for entertaining. There are two lots available across the street that can go with this home.

1107 Vermont Ave, Etowah

$199,000

3 Beds ⋅ 1 Baths ⋅ 3614574 MLS ⋅ ACTIVE Status ⋅ 2 Acres ⋅ 37331 Zip Code

Views of Starr Mountain off the front porch. This property offers the opportunity to enjoy peaceful county living with approximately 2 acres with convenient access to nearby community shopping, dining and outdoor recreation.

157 County Road 882, 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

$269,000

3 Beds ⋅ 2 Baths ⋅ 3612659 MLS ⋅ ACTIVE Status ⋅ 0.95 Acres ⋅ 37331 Zip Code

Brand new in a beautiful county setting! This brand-new Clayton Marvel model offers 3 bedrooms, 2 full baths, and a split-bedroom floor plan designed for comfort and privacy. The open-concept living room, kitchen, and dining area create a spacious feel that is perfect for everyday living and entertaining. The kitchen features a center island, abundant cabinet space, and a functional layout that makes meal prep and gathering easy. The private primary suite is thoughtfully separated from the secondary bedrooms and includes a well-designed bath for added convenience. Situated in the desirable Magnolia Grove subdivision, this home offers a peaceful country setting with the convenience of city water, electric service, septic, and Comcast internet availability. If you are searching for a new manufactured home in Etowah TN, a move-in ready 3 bedroom home, or an affordable new construction home in McMinn County, this property is a must-see. Property taxes tbd. Some photos are AI enhanced.

133 County Road 784A, Etowah

$99,000

2 Beds ⋅ 1 Baths ⋅ 3605486 MLS ⋅ ACTIVE Status ⋅ 0.17 Acres ⋅ 37331 Zip Code

Opportunity awaits at 711 Washington Ave in Etowah! Offering 1,274 square feet of potential, this property presents an excellent opportunity for investors looking to expand their portfolio or buyers seeking a property with room to add value. The home features a separate building in the backyard, providing additional flexibility for storage, a workshop, hobby space, or other potential uses. Whether you're looking for your next rental property, a renovation project, or an investment with possibilities, this property is ready for someone to bring their vision and make the most of its potential. Conveniently located in Etowah, this is an opportunity to explore the possibilities and create something special! Buyer to verify all information.

711 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

$214,900

3 Beds ⋅ 2 Baths ⋅ 3543031 MLS ⋅ ACTIVE Status ⋅ 0.17 Acres ⋅ 37331 Zip Code

Move-in ready 3-bedroom, 2-bath home in a great Etowah location! Recent updates include a new roof in 2025, HVAC, siding, and gutters. The backyard features a workshop offering additional space for storage, hobbies, or projects. With several major improvements already completed, this home is ready for its new owners. Schedule your showing today! Buyer to verify all information.

808 Georgia Ave, 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

$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

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