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Two-Unit Duplex with Lake Recreation
For Sale
$349,000

153 Travis Drive, Spring City, TN 37381

Multi-Family, Spring City, TN

Property Size2,160 SF
Lot Size0.26 Acres
Price / SF$161.57
Days on Market141

Property Features for 153 Travis Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Full bathrooms 2
Rooms Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bathroom 2
Parking features Off Street
Patio and Porch features Patio, Porch
Exterior features Windows - Vinyl
Appliances Range, Refrigerator
Subdivision Newport Resort
High school Rhea County
Directions Hwy 70 East to stop sign in Rockwood turn right on 27S to left on Whites Creek Road to left on Charlotte Drive to left on Travis Drive to property on right
Standard status Active
APN 008K B 00500 000
Size 2,160 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Annual Amount 1359

Utilities

Utilities Cable Available
Heating system Electric (Heating), Ceiling, Central
Cooling system Ceiling Fan(s), Central Air

Building Details

Year built 1969
Number of units 2
Flooring type Carpet
Building materials Brick, Frame
Roof type Shingle
Listing Agency: Pioneer Realty, Inc.
Listed By: Ralph L Morgan · License #306_2
Added: May 28 Changed: Oct 8 Last Checked: Oct 15 at 10:06PM
MLS# 1342590

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.

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Investment Insights

Based on property information with market context.

This duplex contains two three-bedroom, one-bath residences, each measuring approximately 1,080 square feet, for a combined 2,160 square feet. The units include ranges, refrigerators, laundry hookups, newer laminate flooring, some carpet, central air, electric heating, ceiling fans, vinyl windows, and individual large driveways. Porch and patio areas add exterior living space.

The property sits on a 0.26-acre parcel at 153 Travis Drive in Spring City, within the Lakeside Resort community on Watts Bar Lake. Community recreation amenities include a boat launch and covered boat slips available for rental, both within a golf cart ride of the duplex. Cable service is available, and the property was built in 1969.

Key Highlights

  • Two 3‑bedroom, 1‑bath units with approximately 1,080 square feet each
  • Combined property size of 2,160 square feet on 0.26 acres
  • Watts Bar Lake community with boat launch and covered boat slips for rental

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 37381, TN

9,213
Population
5,004
Households
1.8
Avg Household Size
49
Median Age
14%
College-Educated
80%
High-School Grad
136.2 sq mi
ZIP Area
68
Density / Sq Mi
$57,553
Median Household Income
$36,369
Median Earnings
$761
Median Rent
$208,600
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units include laundry hookups, kitchen appliances, and separate off-street driveways.
Where is this duplex located?
The property is located at 153 Travis Drive Spring City, TN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Two 3‑bedroom, 1‑bath units with approximately 1,080 square feet each; Combined property size of 2,160 square feet on 0.26 acres; Watts Bar Lake community with boat launch and covered boat slips for rental
More about this property
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