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    102 Asbury Way Maryville, TN 37804

    Sponsored
    Picture of Apartment buildings at Asbury Way 102, Maryville, TN
    For Sale
    Pending
    $2,500,000

    MULTI_FAMILY - Maryville, TN

    Property size:
    12,804 SF
    Days on Market:
    183
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 102 Asbury Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    047L A 005.00
    Patio and Porch features
    Patio
    Interior features
    Pantry
    Appliances
    Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
    Size
    12,804 SF

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Number of units
    12
    Flooring type
    Carpet, Laminate
    Building materials
    Brick
    Roof type
    Shingle

    Skyway Realty Land & Homes (423) 253-7770 [email protected]

    Listing agent Marla Marie Phillis (423) 253-7100

    Listing date Jul 7, 2025

    MLS# 1298964 Listing URL

    Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Maryville Townhouse Units For Sale

    This property features twelve townhouse units situated in Maryville, Tennessee, near the foothills of the Great Smoky Mountains. The property consists of two brick six-plexes, located in a quiet suburban area characterized primarily by single-family residences. Each townhome offers approximately 1,110 square feet of living space, featuring 2 bedrooms and 1.5 bathrooms. Each unit is separately metered, with tenants responsible for their own utilities. On-site parking is available directly in front of each unit. The property sits on a 2-acre tract, with approximately 1 acre designated as green space, presenting potential for development to enhance tenant value. All units are currently rented, generating over $18,000.00 per month in income. Ten of the units have been fully remodeled, while two have been partially remodeled. Upgrades include new granite countertops, sinks, and kitchen faucets in all units. The property has maintained zero vacancies over the past 3 years. This property is suitable for investors seeking a low-maintenance, quality asset in a prime location for long-term or short-term rentals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Building Supply Clothing Store Gym & Fitness Auto Parts Store Kitchen & Bath Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maryville
    County
    Blount
    State
    Tennessee
    Longitude
    -83.933214
    Latitude
    35.767224

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    FAQs

    What type of property is this?
    Apartment building - Twelve-unit townhouse complex in Maryville, Tennessee, near the Great Smoky Mountains.
    Where is this apartment building located?
    The property is located at 102 Asbury Way Maryville, TN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - High Income: Property generates over $18,000/month in rental income.; - Prime Location: Situated in booming Maryville, TN, near the Great Smoky Mountains.; - Low Vacancy: Zero vacancies in the past 3 years.
    (614) 332-2887
    Request Owner's contact information
    102 Asbury Way Maryville, TN 37804
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    Maryville, TN 37804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Asbury Way Maryville, TN 37804
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