$644,900
$55K PRICE DROP

717 Cates St Unit 725 Maryville, TN 37803

Estimated payment $3,786/month

Total Views 96,861
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Home Office
  • Window Unit Cooling System
  • Sam Houston Elementary School Rated A
  • Balcony
  • 1-minute walk to College Hill Park

About This Home

Originally built as the neighborhood grocery store, this well-kept historic building has been a pillar of the community for decades. Today, it's ready to embrace a new chapter while preserving the character that makes it so unique.

The building's current layout is a tri-plex with two upstairs units and a spacious ground-level unit, all occupied by long-term tenants who appreciate the building's charm and convenient location. It's a turnkey investment property with immediate rental income already in place.

The current owner has also begun renovations in the back of the building to create a studio apartment that could serve as a fourth unit. This is a versatile space that could become a home for the new owner or an additional income-producing rental unit. With its distinct history and flexible layout, this property offers endless possibilities.

Beyond its investment potential, 717 Cates St is a storied landmark that invites you to become part of its history. Whether you're searching for a property with deep community roots, a home that's walkable to the best of Maryville, or a chance to restore and elevate a piece of local heritage, this is the perfect canvas.

Opportunities like this don't come along every day. This isn't just an investment; it's a chance to write your own chapter in the story of College Hill. Reach out for your own personal showing.

Listing Agent

Troy Galyon

LeConte Realty, LLC License #362320 Listed on: 05/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,343

Year Built

  • Built in 1939

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation
  • Built-Up Roof

Interior Spaces

  • Walk-in Shower
  • Ceiling Fan
  • Home Office
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

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

Schools

  • Sam Houston Elementary School
  • Maryville Middle School
  • Maryville High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Space Heater
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Lot Dimensions are 55x107

Community Details

  • 3 Units
  • Howe Addn Subdivision

Listing and Financial Details

  • The owner pays for water, HVAC maintenance, taxes, insurance
  • Assessor Parcel Number 058H D 018.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,343

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Directions: Heading east on Hwy 321, turn right onto Cates St. Travel up the hill approximately 0.3mi and property is on right on corner of Cates and Stanley Ave. Building is red.
  • Prop. Type: Multi-Family
  • Year Built: 1939
  • Lot Size: 55x107
  • Subdivision Name: Howe Addn
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Floors:Laminate: Yes
  • Siding:Brick2: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:Driveway: Paved lot
  • Property Sub-Type:Triplex: Yes
  • Heat:Space Heater: Yes
  • Misc Features Kitchen Island2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Self Cleaning Oven
  • Owner Pays: Water, HVAC Maintenance, Taxes, Insurance
  • Flooring: Laminate, Hardwood, Carpet
  • Interior Amenities: Kitchen Island
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Balcony
  • Construction Type: Brick, Block
  • Roof: Built-Up
  • Construction:Frame - Brick: Yes
  • Construction:Block2: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Space Heater, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: Sam Houston
  • High School: Maryville
  • Middle Or Junior School: Maryville Middle

Lot Info

  • Parcel #: 058H D 018.00

Rental Info

  • Tenant Pays: Sewer, Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 42000.0

Tax Info

  • Tax Annual Amount: 3343.38

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $108,200 $9,600 $98,600
2023 $1,720 $108,200 $9,600 $98,600
2022 $2,045 $82,800 $12,280 $70,520
2021 $3,925 $82,800 $12,280 $70,520
2020 $3,925 $82,800 $12,280 $70,520
2019 $3,925 $82,800 $12,280 $70,520
2018 $3,535 $74,560 $7,480 $67,080
2017 $3,535 $74,560 $7,480 $67,080
2016 $3,460 $74,560 $7,480 $67,080
2015 $3,221 $74,560 $7,480 $67,080
2014 $3,030 $74,560 $7,480 $67,080
2013 $3,030 $70,120 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $644,900 -7.9% --
05/30/2025 05/30/25 For Sale $699,900 -- --
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $510,000 Foothills Title
Deed $112,500 --
Deed $83,000 --
Deed -- --
Warranty Deed $21,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $382,500 New Conventional
Previous Owner $85,000 No Value Available
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1302817

East Tennessee REALTORS® MLS

APN: 058H-D-018.00