*Owner/Agent* Great investment opportunity in a prime location just off Alcoa Hwy. Very low operating expense with good return on investment. 10 trailers and 1 residential home all being occupied with renters. All properties have been updated with LVP flooring, painted cabinets and newer appliances. Property monthly income is $11,600.
Sold for $825,000 on 11/30/23
$825,000
2164 Payne Ave, Alcoa, TN 37701
--beds
0baths
--sqft
Multi Family
Built in 1950
-- sqft lot
$566,000 Zestimate®
$--/sqft
$1,648 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 07, 2023 at 07:18am
Listed by:
Caleb Hazelbaker 865-405-4298,
Coldwell Banker Nelson Realtor
Bought with:
Michael Fuller, 249198
Mike Fuller Realty & Co
Source: East Tennessee Realtors,MLS#: 1226383

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central, Other, Electric
Cooling
- Central Air
Appliances
- Included: Refrigerator
Features
- Flooring: Vinyl, Other
Property
Parking
- Parking features: On Premise Parking
Lot
- Size: 2.00 Acres
- Dimensions: 192 x 454
Details
- Parcel number: 026N A 015.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
Condition
- Year built: 1950
Utilities & green energy
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Alcoa
- Subdivision: Payne Mh Park
Other
Other facts
- Listing terms: New Loan,Cash,Conventional
Services availability

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