2180 Lakeview Rd, Lenoir City, TN 37772
Listing provided by: Benjamin Tanasov · Southland Realtors, Inc
Source: East Tennessee REALTORS® MLS · MLS# 1348886
Listing last updated
About this home
Income-producing property with a 7% 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. buyer to verify
Facts & features
- Bathrooms: 0
- Heating: Central, Forced Air, Electric
- Cooling: Central Cooling
- Included: Microwave, Range, Refrigerator, Self Cleaning Oven
- Flooring: Laminate, Vinyl, Tile
- Parking features: Carport
- Attached garage: No
- Dimensions: 129 x 194
- Exterior features: Windows - Vinyl
- Parcel number: 021 05400 000
- Home type: Multi-Family
- Materials: Brick
- Year built: 1968
- Security: Smoke Detector
- County: Loudon County - 32
- MLS area: Loudon County - 32
- Region: Lenoir City
- Price: $359,999
- Annual tax: $866.47
- Listing terms: USDA Loan, VA Loan, New Loan, FHA, Cash, Conventional
- Date on market: Jul 20, 2026
- Days on market: 0
- Status: Active
- MLS #: 1348886
Location
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