1688 Old Highway 95, Lenoir City, TN 37771
New Listing
$975,000
Property Type:
Multi-Family
Square Footage:
7,540
Lot Size (sq. ft.):
65,340
Status:
Active
Current Price:
$975,000
List Date:
12/11/2025
Last Modified:
12/11/2025
Description
8 UNITS - BRICK - ALL 2 BDRMS -ALL HVACS NEW SINCE 2018- NEW METAL ROOFS 2011
Great Lenoir City location just off I-75 & minutes to Turkey Creek & Oak Ridge National Lab. This complex consists of 2 four unit buildings on one lot. Each building has an excellent unit mix of four - 2 bedroom, 1 bath units. All units have central HVAC, stoves, refrigerators & dishwashers. Recent capital improvements over the last 4 years include new water heaters, HVAC's and 6 renovated units. A great location, low maintenance exterior, and major improvements makes this a turn key investment ready for a smart investor looking for quality & location. Current property mgmt would love to stay in place and charges 10%. Please see link here to interior videos of all 8 apartments, https://drive.google.com/drive/folders/1fZ2zrfejWmMVJ0gVCH-po6H_xlFC--6M?usp=drive_link
No sign on property. Please do not disturb residents.
More Information MLS# 1324059
Location, Tax & Legal Info
Area: Loudon County - 32
City/County Code: County
Total Tax: 3753.04
Contract Info
Auction Y/N: No
Listing Price: 975000
Current Price: $975,000
Status: Active
Listing Date: 2025-12-11
General Property Description
Lot Dimensions: 174x362 IRR
Lot Size SqFt: 65340
# Units Leased: 8
Utilities/Mo Avg: 0
Property Status: N/A
Driveway: Paved
Lease Information: 8-2BR+1BA $900-$1000
SqFt - Total (Aprox): 7540
Number of Units: 8
Year Built: 1976
Remarks & Misc
Directions: Take I-75 to Exit 81 and turn South. Turn right almost immediately on Adesa. Take Adesa to the end and turn left onto Old Hwy 95. In approximately .4 miles property will be on the left.
Public Remarks: 8 UNITS - BRICK - ALL 2 BDRMS -ALL HVACS NEW SINCE 2018- NEW METAL ROOFS 2011
Great Lenoir City location just off I-75 & minutes to Turkey Creek & Oak Ridge National Lab. This complex consists of 2 four unit buildings on one lot. Each building has an excellent unit mix of four - 2 bedroom, 1 bath units. All units have central HVAC, stoves, refrigerators & dishwashers. Recent capital improvements over the last 4 years include new water heaters, HVAC's and 6 renovated units. A great location, low maintenance exterior, and major improvements makes this a turn key investment ready for a smart investor looking for quality & location. Current property mgmt would love to stay in place and charges 10%. Please see link here to interior videos of all 8 apartments, https://drive.google.com/drive/folders/1fZ2zrfejWmMVJ0gVCH-po6H_xlFC--6M?usp=drive_link
No sign on property. Please do not disturb residents.
Income/Expenses
Gross Annual Income: 91800
Annual Oper Expenses: 29618
Property Sub-Type
Other: 1
Construction
Frame - Brick: 1
Type of Units
2 Bedroom Unit: 1
Siding
Brick: 1
Sale Includes
Building and Land: 1
Miscellaneous
Storage Space: 1
Cooling
Central Cooling: 1
Floors
Laminate: 1
Luxury Vinyl Plank: 1
Garage/Parking
On Premise Parking: 1
Tenant Expenses
Electricity: 1
Water: 1
Owner Expenses
Exterior Maintenance: 1
HVAC Maintenance: 1
Insurance: 1
Lawn Maintenance: 1
Roof Maintenance: 1
Taxes: 1
Fuel
Electric: 1
Heat
Central: 1
Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Other Rooms
Other: 1
Roof
Metal: 1
Exterior Features
Patio: 1
Misc Features
Pantry: 1
New Financing
Cash: 1
New Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 1688
Street Name: Old Highway 95
State/Province: TN
Zip Code: 37771
PIN #: 015 274.00
Geo Lat: 35.814851
Geo Lon: -84.288692
Status Change Info
Status Change Date: 2025-12-11
IncomeExpenses
Net Operating Income: 62182
Property Features
Property Sub-Type: Other
Type of Units: 2 Bedroom Unit
Sale Includes: Building and Land
Floors: Laminate; Luxury Vinyl Plank
Tenant Expenses: Electricity; Water
Owner Expenses: Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Range; Refrigerator
Construction: Frame - Brick
Roof: Metal
Siding: Brick
Exterior Features: Patio
Misc Features: Pantry
Other Rooms: Other
Miscellaneous: Storage Space
New Financing: Cash; New Loan
Showing: See Agent Instructns
Listing Office:
Goldman Partners Realty, LLC
IDX
Office Phone: 865-705-8675
Last Updated: December - 11 - 2025
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