2182 Lakeview Rd, Lenoir City, TN 37772

Lenoir City
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
2182 Lakeview Rd,Lenoir City, TN 37772
$390,999
  • - Beds
  • - Baths
  • 1,344 sq. ft.
  • Multi-family
  • Active
Listed by: benjamin tanasov
Office: southland realtors, inc
MLS#:1328209
Source:TN_KAAR

Price summary

  • Price:$390,999
  • Price per sq. ft.:$290.92

About this home

Income-producing property with a 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 #:1328209
  • Added:52 day(s) ago
  • Updated:March 23, 2026 at 08:18 PM

Rooms and interior

  • Flooring:Brick, Laminate, Tile, Vinyl
  • 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.
  • Construction Materials:Brick, Frame

Finances and disclosures

  • Price:$390,999
  • Price per sq. ft.:$290.92

Features and amenities

  • Amenities:Windows - Vinyl

Parking

  • Parking description:Carport

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