2182 Lakeview Rd, Lenoir City, TN 37772
(MLS # 1324228)

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PRICE $475,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 1,344 sqft
LOT SIZE n/a

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
   

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Listed with Southland Realtors, Inc

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