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
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. 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.