2182 Lakeview Rd, Lenoir City, TN 37772

New Listing
$475,000
Property Type: Multi-Family Square Footage: 1,344 Status: Active
Current Price: $475,000 List Date: 12/14/2025 Last Modified: 12/14/2025

Description

Brick duplex in a great Lenoir City location just off Martel Rd. Fully rented with a newer metal roof and covered carports for each unit. Each 2-bedroom unit features central HVAC, washer/dryer connections, and tenants pay all utilities including water. Unit 1 renovated approx. 3 years ago; property updates approx. 10 years ago include kitchens, flooring, roof, and windows. Located approx. 1 mile from Lenoir City Park with dog park, playgrounds, boat launch, and minutes to Loudon Marina and Calhoun's. Strong investment opportunity.

More Information MLS# 1324228

Location, Tax & Legal Info

Area: Loudon County - 32 City/County Code: County Total Tax: 866.47

Contract Info

Auction Y/N: No Listing Price: 475000 Current Price: $475,000 Status: Active Listing Date: 2025-12-13

General Property Description

Lot Dimensions: 129x194 # Units Leased: 2 Restrictions: No Utilities/Mo Avg: 70 Property Status: N/A Driveway: Paved Lease Information: both units leased month-to-month $1500 renovated $1100 non renovated SqFt - Total (Aprox): 1344 Number of Units: 2 Year Built: 1968

Remarks & Misc

Directions: Take Northshore Dr to left (South) on Beals Chapel. Take the first right onto Lakeview Rd. Duplex is approx. 1.1 miles on the left (just after the hard right curve). Public Remarks: Brick duplex in a great Lenoir City location just off Martel Rd. Fully rented with a newer metal roof and covered carports for each unit. Each 2-bedroom unit features central HVAC, washer/dryer connections, and tenants pay all utilities including water. Unit 1 renovated approx. 3 years ago; property updates approx. 10 years ago include kitchens, flooring, roof, and windows. Located approx. 1 mile from Lenoir City Park with dog park, playgrounds, boat launch, and minutes to Loudon Marina and Calhoun's. Strong investment opportunity.

Income/Expenses

Gross Annual Income: 31200 Annual Oper Expenses: 650

Property Sub-Type

Duplex: 1

Construction

Frame - Brick: 1

Type of Units

2 Bedroom Unit: 1

Siding

Brick: 1

Sale Includes

Building and Land: 1 No Furnishings: 1

Cooling

Central Cooling: 1

Floors

Laminate: 1 Tile: 1

Garage/Parking

Individual Carports: 1

Tenant Expenses

Cooling: 1 Electricity: 1 Heating: 1 Telephone: 1 Tenant Pays All Util: 1 Water: 1

Owner Expenses

Advertising: 1 HVAC Maintenance: 1 Insurance: 1 Lawn Maintenance: 1 Leasing Fees: 1 Taxes: 1 Trash Collection: 1

Fuel

Electric: 1

Heat

Central: 1

Appliances

Microwave: 1 Range: 1 Refrigerator: 1 Smoke Detector: 1

Other Rooms

Mstr Bdrm Main Level: 1

Roof

Metal: 1

New Financing

Cash: 1 Conventional: 1 FHA: 1 New Loan: 1 VA Loan: 1

Location Tax Legal Info

House #: 2182 Street Name: Lakeview St Suffix: Rd State/Province: TN Zip Code: 37772 PIN #: 021 054.00 Geo Lat: 35.803999 Geo Lon: -84.230209

Status Change Info

Status Change Date: 2025-12-13

IncomeExpenses

Net Operating Income: 30550

Property Features

Property Sub-Type: Duplex Type of Units: 2 Bedroom Unit Sale Includes: Building and Land; No Furnishings Floors: Laminate; Tile Tenant Expenses: Electricity; Telephone; Tenant Pays All Util; Water Owner Expenses: Advertising; HVAC Maintenance; Insurance; Lawn Maintenance; Leasing Fees; Taxes; Trash Collection Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Microwave; Range; Refrigerator; Smoke Detector Construction: Frame - Brick Roof: Metal Siding: Brick Other Rooms: Mstr Bdrm Main Level New Financing: Cash; Conventional; FHA; New Loan; VA Loan
Listing Office: Southland Realtors, Inc
IDX
Office Phone: 865-693-6961
Last Updated: December - 14 - 2025
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