Separately Deeded
New
For Sale
$760,000
124/128 Medinah Circle, Maryville, TN 37801
Multi-Family, Maryville, TN
Property Size3,488 SF
Price / SF$217.89
Days on Market2
Property Features for 124/128 Medinah Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 5, Bedroom 6, Bedroom 3
Parking features
Off Street, Open, Garage
Interior features
Walk-In Closet(s), Cathedral Ceiling(s), Pantry
Exterior features
Windows - Vinyl
Appliances
Dishwasher, Microwave, Range, Refrigerator
Subdivision
Royal Oaks
Elementary school
Foothills
Middle school
Montgomery Ridge
High school
Maryville
Directions
From Alcoa Hwy to Maryvillle: turn right onto Legends Hwy. Turn right onto Royal Oaks Dr;. Turn left onto Medinah Cir; House is on the right.
Standard status
Active
APN
068P B 032.01
Size
3,488 SF
Taxes and HOA fees
Tax Annual Amount
2549
Utilities
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
2007
Number of units
2
Flooring type
Tile, Carpet
Building materials
Vinyl Siding, Brick, Block
Roof type
Shingle
Listing Agency:
United Real Estate Solutions
(865) 444-2400
Listed By:
LeeAnne Johnson
(865) 621-2040
Added: Oct 15
Last Checked: Oct 16 at 7:06AM
MLS# 1359015
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.
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 3,488-square-foot duplex contains two separately deeded residences, each with three bedrooms, two bathrooms, a sunroom, and a two-car garage. Interior features include a kitchen with tile flooring and appliances, a living room pass-through, a primary suite with a walk-in closet and en suite bath, and a laundry room with a utility sink. A rear deck serves the outdoor space, while one unit also has an entry ramp and fenced yard. The other entry has two steps.
Residents of the Royal Oaks subdivision have access to a community pool and center, along with scheduled neighborhood events. Grocery stores and local dining options are nearby, and the property has access to the airport. The homes are zoned for Maryville Junior and High School.
Residents of the Royal Oaks subdivision have access to a community pool and center, along with scheduled neighborhood events. Grocery stores and local dining options are nearby, and the property has access to the airport. The homes are zoned for Maryville Junior and High School.
Key Highlights
- Two residences are deeded separately and may be sold together or individually
- 3,488 square feet across the duplex
- Each side has 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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes three bedrooms, two bathrooms, a sunroom, and a two-car garage.
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 residences are deeded separately and may be sold together or individually; 3,488 square feet across the duplex; Each side has 3 bedrooms, 2 bathrooms, a sunroom, and a 2‑car garage
