Separately Deeded
For Sale
$760,000
124/128 Medinah Circle, Maryville, TN 37801
Each residence includes three bedrooms, a sunroom, and a two-car garage, with appliances included in both kitchens.
Property Size3,488 SF
Price / SF$217.89
Days on Market14
Property Features for 124/128 Medinah Circle
General Information
Standard status
Active
Size
3,488 SF
Property subtype
Multi Family Home
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,548
Amenities
pool
community center
scheduled neighborhood events
Pantry
Walk-In Closet(s)
Cathedral Ceiling(s)
Windows - Vinyl
Building Details
Building Size
3,488 SF
Year Built
2007
Buildings
1
Units
2
Listing Agency:
United Real Estate Solutions
(865) 444-2400
Listed By:
LeeAnne Johnson
Source:
Carterchaserealty
Added: Oct 15
Changed: Oct 25
Last Checked: Oct 26 at 3:36AM
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 United Real Estate Solutions
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2007 duplex in Maryville contains 3,488 square feet across two separately deeded residences, which may be sold together or individually. Each side offers nearly 1,750 square feet, three bedrooms, two bathrooms, a sunroom, and a two-car garage. Both kitchens include appliances, and each primary suite has a walk-in closet and en suite bath. One residence has an entry ramp and fenced yard; the other has two steps at the entry. Rear decks and mountain views are features of the property.
Royal Oaks Subdivision provides a pool and community center, with scheduled neighborhood events. Aldi, Publix, and Kroger are nearby, along with Foothills Milling and the Walnut Kitchen. The property is zoned for Maryville Junior and High School and has access to the airport.
Royal Oaks Subdivision provides a pool and community center, with scheduled neighborhood events. Aldi, Publix, and Kroger are nearby, along with Foothills Milling and the Walnut Kitchen. The property is zoned for Maryville Junior and High School and has access to the airport.
Key Highlights
- Two separately deeded residences can be sold together or individually
- 3,488‑square‑foot duplex built in 2007
- Each side has nearly 1,750 square feet, 3 bedrooms, 2 bathrooms, a sunroom, and a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,877
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,540
$677.5K
Cap Rate 7%
$483,957
$484.0K
Cap Rate 9%
$376,411
$376.4K
Market Conditions
NOI Build-Up for 3,488 SF
Gross rent
$52.3K $15.00/SF
− Vacancy
−$3.9K −$1.13/SF
EGI
$48.4K $13.88/SF
− OpEx
−$14.5K −$4.16/SF
NOI
$33.9K $9.71/SF
Area
Blount County, TN
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,540
Cap Rate 7%
$483,957
Cap Rate 9%
$376,411
Alternative Uses
Best Use
Multifamily LT 5
$484.0K
$423.5K – $564.6K
NOI $33,877 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$450.6K
$394.2K – $525.7K
NOI $31,539 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,298 @ 7.0% cap · market cap 12.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 37801, TN
28,822
Population
12,254
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
89%
High-School Grad
69.4 sq mi
ZIP Area
415
Density / Sq Mi
$70,814
Median Household Income
$45,296
Median Earnings
$1,061
Median Rent
$268,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes three bedrooms, a sunroom, and a two-car garage, with appliances included in both kitchens.
Where is this duplex located?
The property is located at 124/128 Medinah Circle Maryville, TN.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Two separately deeded residences can be sold together or individually; 3,488‑square‑foot duplex built in 2007; Each side has nearly 1,750 square feet, 3 bedrooms, 2 bathrooms, a sunroom, and a 2‑car garage
