2182 Lakeview Rd, Lenoir City, TN 37772
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
2182 Lakeview Rd,Lenoir City, TN 37772
$475,000
- - Beds
- - Baths
- 1,344 sq. ft.
- Multi-family
- Active
Listed by: benjamin tanasov
Office: southland realtors, inc
MLS#:1324228
Source:TN_KAAR
Price summary
- Price:$475,000
- Price per sq. ft.:$353.42
About this home
Income-producing property with an approximate 6% cap rate at current rents. Potential exists to improve returns with future rent adjustments; increasing the second unit to approximately $1,500/month could bring the cap rate closer to 7%. Buyer to verify all income, expenses, and projections.
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.
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Home facts
- Year built:1968
- Listing ID #:1324228
- Added:3 day(s) ago
- Updated:December 17, 2025 at 09:10 PM
Rooms and interior
- Living area:1,344 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1968
- Building area:1,344 sq. ft.
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$353.42
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