Two-Unit Duplex with
New
For Sale
$284,900
1005 Lisa St, Seymour, TN 37865
MULTI_FAMILY - Seymour, TN
Property Size1,400 SF
Lot Size0.37 Acres
Price / SF$203.50
Days on Market4
Property Features for 1005 Lisa St
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Patio and Porch features
Patio
Appliances
Range, Refrigerator
Subdivision
Nails Creek
Directions
(S) Chapman Hwy to Seymour to (R) Burnett Station Rd to (R) Royal Ave to (L) Caton St to (R) Lisa St and property at sign
Standard status
Active
APN
004K A 01100 000
Size
1,400 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Annual Amount
1117
Utilities
Heating system
Electric (Heating), Central, Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1993
Number of units
2
Flooring type
Vinyl, Laminate, Tile
Building materials
Brick, Block
Roof type
Asphalt, Shingle
Listing Agency:
ReMax Preferred Properties, Inc · RE/MAX International
(865) 609-6009
Listed By:
Teresa Luttrell · License #22758
(865) 694-8100
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 31 at 6:06PM
MLS# 1350063
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This two-unit duplex offers 1,400+/- square feet and includes two separate living spaces, each with one bedroom and one bathroom, plus a large utility room and a living room area. The property was built in 1993 and features brick and block construction. Interior finishes include vinyl, laminate, and tile flooring, and the home is equipped with electric heating including a heat pump and central air conditioning. Appliances include a range and refrigerator in each unit. Off-street parking is available, and the property includes a patio.
Located at 1005 Lisa St in Seymour, TN 37865 (Blount County), the duplex is described as being convenient to everyday shopping, dining, and major thoroughfares.
For tenants and investors alike, the key operational attribute is that both units are already occupied, providing rental continuity from day one. Each unit’s layout is similar, which can simplify day-to-day management while maintaining private living spaces.
Located at 1005 Lisa St in Seymour, TN 37865 (Blount County), the duplex is described as being convenient to everyday shopping, dining, and major thoroughfares.
For tenants and investors alike, the key operational attribute is that both units are already occupied, providing rental continuity from day one. Each unit’s layout is similar, which can simplify day-to-day management while maintaining private living spaces.
Key Highlights
- 0.37‑acre lot at 1005 Lisa St, Seymour, TN 37865
- Two occupied units; each has one bedroom and one bathroom
- 1,400+/- SF duplex built in 1993 with brick and block construction
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
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
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Frequently Asked Questions
What type of property is this?
Duplex - Seymour duplex on a 0.37-acre lot with two occupied one-bedroom units, central HVAC, and off-street parking.
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: 0.37‑acre lot at 1005 Lisa St, Seymour, TN 37865; Two occupied units; each has one bedroom and one bathroom; 1,400+/- SF duplex built in 1993 with brick and block construction
