Duplex with Off-Street
For Sale
$284,900
1005 Lisa St, Seymour, TN 37865
Income property featuring central air, an electric heat pump, and kitchen appliances.
Property Size1,400 SF
Days on Market8
Property Features for 1005 Lisa St
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Residential Income
Amenities
Central Air
Heat Pump, Central, Electric
Range, Refrigerator
Off Street
Building Details
Building Size
1,400 SF
Year Built
1993
Listing Agency:
RE/MAX Preferred Properties
(865) 218-4366
Listed By:
Teresa Luttrell · License #22758
(865) 218-4366
Source:
Evrealestate
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 6 at 3:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Preferred Properties
Investment Insights
Based on property information with market context.
This duplex was built in 1993 and includes central air along with a central electric heat pump for heating and cooling. The property is equipped with a range and refrigerator, providing established kitchen functionality. Off-street parking is also available.
The property is located at 1005 Lisa St in Seymour, Tennessee, within Blount County. Access is reached from Chapman Highway via Seymour, Burnett Station Road, Royal Avenue, Caton Street, and Lisa Street.
The property is located at 1005 Lisa St in Seymour, Tennessee, within Blount County. Access is reached from Chapman Highway via Seymour, Burnett Station Road, Royal Avenue, Caton Street, and Lisa Street.
Key Highlights
- Duplex property built in 1993
- Central air conditioning
- Central electric heat pump
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.0k | $15.00 |
| − Vacancy | −$2.1k | −$1.50 |
| EGI | $18.9k | $13.50 |
| − OpEx | −$8.5k | −$6.08 |
| NOI | $10.4k | $7.43 |
1,400 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$148.5K
$129.9K – $173.3K
NOI $10,395 @ 7.0% cap · market cap 3.65%
Second Best
Multifamily LT 5
$109.1K
$95.5K – $127.3K
NOI $7,639 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$590.4K
$516.6K – $688.8K
NOI $41,328 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 37865, TN
22,567
Population
10,329
Households
2.2
Avg Household Size
44
Median Age
23%
College-Educated
93%
High-School Grad
73.3 sq mi
ZIP Area
308
Density / Sq Mi
$88,410
Median Household Income
$43,269
Median Earnings
$1,351
Median Rent
$276,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Income property featuring central air, an electric heat pump, and kitchen appliances.
Where is this duplex located?
The property is located at 1005 Lisa St Seymour, TN.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Duplex property built in 1993; Central air conditioning; Central electric heat pump
