$599,000
PENDING $111K PRICE DROP

Estimated payment $3,311/month

Total Views 1,945
-- Bed
-- Bath
3,300 Sq Ft
$182 Price per Sq Ft

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Tile Flooring
  • Forced Air Heating System

About This Home

Fully rented 6-unit (one-bedroom/one bath) apartment complex with many recent updates including newer roof, mini-split HVAC units, windows, and LVP flooring. Recent bath updates include tubs, surrounds, vanities, toilets and fixtures.

Listing Agent

Kevin Ramsey

Apex Property Management, LLC License #314924 Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $631

Year Built

  • Built in 1945

Home Design

  • 3,300 Sq Ft Home
  • Block Foundation
  • Asphalt Roof
  • Cement Siding
  • Stucco Exterior

Kitchen

  • Range

Flooring

  • Laminate
  • Tile

Parking

  • Driveway
  • On-Site Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 6 Units

Listing and Financial Details

  • The owner pays for roof maintenance, lawn maintenance, HVAC maintenance, exterior maintenance, advertising, trash collection, insurance
  • Assessor Parcel Number 061OC012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$631

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Directions: From I-40W take exit #394. Turn left onto Asheville Highway. Go 2.6 miles and then turn left onto Patty Road. Turn left onto N. Ruggles Ferry Pike. Go 210 feet and turn left onto Branch Lane. Complex is on the left.
  • Prop. Type: Multi-Family
  • Year Built: 1945
  • Lot Size: .5
  • Fuel:Electric: Yes
  • Appliances Refrigerators: Yes
  • Floors:Laminate: Yes
  • Floors:Tile2: Yes
  • Heat:Forced Air: Yes
  • Siding:Stucco2: Yes
  • Siding:Cement: Yes
  • General Property Description:Driveway: Concrete
  • Cooling:Wall Cooling: Yes
  • Property Sub-Type:Five or Six Plex: Yes
  • Roof:Asphalt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Owner Pays: Roof Maintenance, Lawn Maintenance, HVAC Maintenance, Exterior Maintenance, Advertising, Trash Collection, Insurance
  • Flooring: Laminate, Tile, Other
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Stucco, Cement Siding, Block
  • Roof: Asphalt
  • Construction:Block2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking, On Premise Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Wall Cooling
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Forced Air, Electric
  • Heating Yn: Yes

Lot Info

  • Parcel #: 061OC012

Rental Info

  • Tenant Pays: Tenant Pays All Util

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 70800.0

Tax Info

  • Tax Annual Amount: 631.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Pending -- -- --
06/02/2025 06/02/25 Price Changed $599,000 0.0% $182 / Sq Ft
06/02/2025 06/02/25 For Sale $599,000 -7.7% $182 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $649,000 -7.2% $197 / Sq Ft
03/05/2025 03/05/25 Price Changed $699,000 -1.5% $212 / Sq Ft
02/18/2025 02/18/25 For Sale $710,000 +60.3% $215 / Sq Ft
11/10/2023 11/10/23 Sold $442,948 -7.5% $268 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/10/2023 09/10/23 For Sale $479,000 0.0% $290 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $479,000 0.0% $290 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $479,000 +463.5% $290 / Sq Ft
12/29/2014 12/29/14 Sold $85,000 -- $52 / Sq Ft
Source: East Tennessee REALTORS® MLS

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Source: East Tennessee REALTORS® MLS

MLS Number: 1290408

East Tennessee REALTORS® MLS