For sale

Price cut: $10K (1/2)

$465,000

2182 Lakeview Rd, Lenoir City, TN 37772

4beds

2baths

1,344sqft

Est.:

Multi Family

Built in 1968

-- sqft lot

$-- Zestimate^®

$346/sqft

$-- HOA

What's special

Brick duplexNewer metal roofCentral hvac

Income-producing property with an approximate 6% 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.

20 days

520

45

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Microwave, Range, Refrigerator

Features

Flooring: Laminate, Tile

Interior area

Total structure area: 1,344
Total interior livable area: 1,344 sqft

Property

Parking

Parking features: Individual Carports
Has carport: Yes

Lot

Size: 0.57 Acres
Dimensions: 129 x 194

Details

Parcel number: 021 054.00

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1968

Community & HOA

Community

Security: Smoke Detector(s)

Location

Region: Lenoir City

Financial & listing details

Price per square foot: $346/sqft
Tax assessed value: $122,500
Annual tax amount: $866
Date on market: 12/14/2025
Listing terms: VA Loan,New Loan,FHA,Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/2/2026	Price change	$465,000-2.1%$346/sqft
Source: East Tennessee Realtors #1324228 Report a problem
12/14/2025	Listed for sale	$475,000+43.9%$353/sqft
Source: East Tennessee Realtors #1324228 Report a problem
3/10/2023	Sold	$330,000+11.9%$246/sqft
Source: East Tennessee Realtors #1217017 Report a problem
2/4/2023	Pending sale	$295,000$219/sqft
Source: East Tennessee Realtors #1217017 Report a problem
2/2/2023	Listed for sale	$295,000$219/sqft
Source: East Tennessee Realtors #1217017 Report a problem