Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1104 Rittertown Rd Hampton, TN 37658

    View on Map
    Sponsored
    For Sale
    $209,000

    MULTI_FAMILY - Hampton, TN

    Property size:
    2,296 SF
    Lot size:
    0.34 Acres
    Days on Market:
    12
    Last Refresh:
    Mar 10 at 5:06 pm

    Property Features for 1104 Rittertown Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R
    Rooms
    Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 4, Dining Room, Bedroom 3, Bathroom 3, Bedroom 2
    Bedrooms
    5
    APN
    075a A 022.00
    Parking features
    Driveway
    Interior features
    Eat-in Kitchen, Kitchen/Dining Combo
    Appliances
    Dishwasher, Electric Range, Refrigerator
    Size
    2,296 SF
    Lot size
    0.34 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Laminate, Carpet
    Roof type
    Shingle, Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Brian Parlier
    Brian Parlier

    Hurd Realty (423) 491-8335

    Listing agent Brian Parlier (404) 931-4874 License #359767

    Listing date Feb 26, 2026

    MLS# 9987543 Listing URL

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Income-Producing Duplex in Hampton, TN

    This property features two residences on approximately 0.34 acres. The main house, constructed in 1930, offers approximately 1080 square feet of living space with main level living. It includes 2 bedrooms, 1 full bathroom, updated windows, new PEX plumbing, and new seamless gutters. It is equipped with an electric furnace and features a living room, kitchen, and dining area. The main house is currently leased month to month at $850 per month. The single wide residence, built in 1997, provides approximately 1280 square feet of living space with main level living, 3 bedrooms, and 2 full bathrooms. The HVAC system is approximately 2 years old, and the residence also has new PEX plumbing and seamless gutters. It includes a living room, kitchen, and dining area, and is leased month to month at $800 per month. The property is conveniently located approximately 12 minutes from Downtown Elizabethton, Sycamore Shoals Hospital, and Hampton Elementary and Middle Schools. The current annual income is $19,800, with potential for increased rents. Note that the single wide and main house share a septic system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Nail Salon Hotel & Motel Kitchen & Bath Showroom Food Market HVAC Service Grocery & Convenience Store Bar & Pub Discount Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Carter
    State
    Tennessee
    Longitude
    -82.190772
    Latitude
    36.261111

    Nearby Similar for Sale

    • $1,000,000
      6,000 SF

      Machining Business, Warehouse, and Home

      Profitable machining business with warehouse and home on three parcels.
      5560 Hwy 19-E, Hampton, TN 37658
      View Details
    • New
      $2,200,000
      20,700 SF

      Versatile Commercial Facility in Hampton

      20,700 SF commercial facility on 1.3 acres near Johnson City.
      118 First Ave, Hampton, TN 37658
      View Details
    • $125,000
      Pending

      Historic Trout Farm Opportunity

      Unique property with high visibility and boundless potential.
      118 Highway 321, Hampton, TN 37658
      View Details
    • $1,100,000
      6,000 SF

      Warehouse, Business, and Home Package

      Machining business, warehouse, and home on three parcels.
      5560 Us-19E, Hampton, TN
      View Details
    • Contact for pricing

      Historic Trout Farm Opportunity

      Unique property with boundless potential in Hampton, Tennessee.
      118 Highway 321, Hampton, TN 37658
      View Details
    • $1,300,000
      6,000 SF

      Hampton Commercial Property & Home

      Thriving Business, Warehouse, Home
      5560 Hwy, Hampton, TN 37658
      View Details
    • $1,300,000
      6,000 SF

      Hampton TN Machining Business

      Thriving business, warehouse, home included
      5560 Us-19E, Hampton, TN 37658
      View Details

    FAQs

    What type of property is this?
    Duplex - Two residences on 0.34 acres, generating $19,800 annual income.
    Where is this duplex located?
    The property is located at 1104 Rittertown Rd Hampton, TN.
    What is the asking price?
    The asking price for this property is $209,000.
    What are key features of this property?
    This property features: - Income-producing property with $19,800 current annual income, with potential for increased rents.; - Two residences on one property: main house and single wide, offering flexibility.; - Conveniently located approximately 12 minutes from Downtown Elizabethton, Sycamore Shoals Hospital, and schools.
    (404) 931-4874
    Request Owner's contact information
    1104 Rittertown Rd Hampton, TN 37658
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1104 Rittertown Rd
    Hampton, TN 37658
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1104 Rittertown Rd Hampton, TN 37658
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brian Parlier
    Brian Parlier
    Real Estate License ID: 359767
    (404) 931-4874
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!