$1,500,000
Active
4
Beds
2
Baths
3200
Sqft
7.7
Acres
2662 Louisville Rd, Maryville, TN 37801
MLS#: RTC3247460
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Overview
Location
Mortgage
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Sold for $1,200,000
Sold for $1,200,000
5507 Us Highway 411 Maryville, TN 37801
$1,200,000
CLOSEDBeds
Baths
0
Sqft
9,186
Year
1969
Close Date
Aug 26, 2022
Property Type
Residential Income
Sub Type
Per Square Foot
$131
Date Listed
Jul 14, 2022
Description of 5507 Us Highway 411, Maryville, TN 37801
Listing details for 5507 Us Highway 411, Maryville, TN 37801 : Once of a kind opportunity to own an income producing portfolio on 7+ ACRES with Hwy 411 road frontage! This multi-family portfolio includes 16 mobile homes/mobile home pads (9 mobile homes are owned & convey; 7 are pads that are receiving lot rent), a duplex with both updated 2 BR, 2 BA units rented out as well as an efficiency apartment that is also currently rented. The monthly rental numbers for June surpassed $11,000, July's gross rent surpassed $13,500, and August is projected to hit $15,000 in gross monthly rental income. Tenants pay all utilities except for water. Water is provided through shared well. Updated survey is expected to be available Monday, July 18th. Please note that tax amounts will vary because there are two parcels that were taken out and surveyed separately.
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Listing Updated : 09-21-2026 at 4:37 AM CDT
Property Details
Property Overview
Listing Price
$1,500,000
MLS #ID
1199200
Close Price
$1,200,000
Close Date
Aug 26, 2022
Bedrooms
Bathrooms
0
Square Footage
9,186
Year
1969
Days on Site
6 Days
Property Type
Residential Income
Property Sub Type
Price per Sq Ft
$131
Date Listed
Jul 14, 2022
Location
Street Address
5507 Us Highway 411
City
State
Tennessee
ZIP Code
County
Driving Directions
Heading south on Alcoa Hwy, continue south on 411/ W Broadway for 8.8 miles. Duplex address is 5507 US Highway 411 S. 107 Big Dee Lane is the address for the Mobile Home Park.
Schools
Elementary School
High School
Home Specification
Total Square Feet
9,186
Construction / Architecture
Year Built
1969
Construction Materials
Frame, Aluminum Siding and Vinyl Siding
Roof
Metal and Shingle
New Construction
No
Price per Sq Ft
$131
Lot Dimensions
780X460X317 IRR
Interior Details
Appliances
Refrigerator, Range, Dishwasher, Microwave and Self Cleaning Oven
Flooring
Carpet, Laminate and Tile
Fireplace
No
Heating
Central and Electric
Cooling
Central Air
Exterior Details
Garage
No
Attached Garage
Yes
Parking Features
Individual Carports, On Premise Parking, Carport, Attached and Off Street
Fencing
None
Taxes, HOA & Financing
Annual Property Tax
$1,306.00
HOA Fee Includes
None
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Listing Provided By
Sara Price, The Dwight Price Group Realty Executives Associates
Properties displayed may be listed or sold by various participants in the MLS
Source
East Tennessee Realtors, MLS#: 1199200
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Property History
DateEventPrice
8/26/2022
Sold
$1,200,000
$131/sqft
Source:East Tennessee Realtors #1199200
East Tennessee Realtors #1199200 7/14/2022
Listed for sale
—
Source:East Tennessee Realtors #1199200
East Tennessee Realtors #1199200Location of 5507 Us Highway 411, Maryville, TN 37801
Streetview of 5507 Us Highway 411, Maryville, TN 37801
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