2182 Lakeview Rd, Lenoir City, TN 37772
(MLS # 1324228)
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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.
| LAST UPDATED | 12/13/2025 | YEAR BUILT | 1968 |
|---|---|---|---|
| COMMUNITY | Loudon County - 32 | COUNTY | Loudon County - 32 |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Microwave, Range, Refrigerator |
| AREA | Loudon County - 32 |
| CONSTRUCTION | Brick |
| HEAT | Central, Electric |
| LOT DIMENSIONS | 129x194 |
| TAXES | 866.47 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Southland Realtors, Inc
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