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Brick Duplex With Covered Carports
For Sale
$349,000

2180 Lakeview Rd, Lenoir City, TN 37772

Multi-Family, Lenoir City, TN

Property SizeContact for details
Days on Market12

Property Features for 2180 Lakeview Rd

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Carport
Exterior features Windows - Vinyl
Appliances Microwave, Range, Refrigerator, Self Cleaning Oven
Directions Take Northshore Dr to left (South) on Beals Chapel. Take the first right onto Lakeview Rd. Duplex is approx. 1.1 miles on the left (just after the hard right curve).
Subdivision Loudon County - 32
Standard status Active
APN 021 054.00

Taxes and HOA fees

Tax Annual Amount 866

Utilities

Heating system Central, Electric (Heating), Forced Air
Cooling system Central Air

Building Details

Year built 1968
Number of units 2
Flooring type Vinyl, Laminate, Tile
Building materials Brick
Roof type Metal
Listing Agency: Southland Realtors, Inc
Listed By: Benjamin Tanasov
Added: Aug 12 Changed: Aug 19 Last Checked: Aug 23 at 6:06AM
MLS# 1351588

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.

Built in 1968, this brick duplex contains two 2-bedroom units, each with central HVAC, washer and dryer connections, and a covered carport. Tenants pay all utilities, including water. The property has a newer metal roof, vinyl windows, and a mix of tile, laminate, and vinyl flooring. Appliances include a range, refrigerator, microwave, and self-cleaning oven.

Unit 1 was renovated approximately 3 years ago, while broader improvements completed approximately 10 years ago included kitchens, flooring, the roof, and windows. The duplex is located at 2180 Lakeview Rd in Lenoir City, just off Martel Rd and approximately 1 mile from Lenoir City Park. Loudon Marina and Calhoun's are also minutes away. The property is fully rented and carries a 7% cap rate at current rents.

Key Highlights

  • Two fully rented 2‑bedroom units
  • 7% cap rate at current rents
  • Covered carport for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Restaurant Auto Parts Store Bed & Breakfast

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 37772, TN

13,453
Population
6,186
Households
2.2
Avg Household Size
50
Median Age
39%
College-Educated
93%
High-School Grad
38.7 sq mi
ZIP Area
348
Density / Sq Mi
$95,164
Median Household Income
$50,566
Median Earnings
$1,292
Median Rent
$367,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully rented two-unit property with central HVAC, laundry hookups, and tenant-paid utilities.
Where is this duplex located?
The property is located at 2180 Lakeview Rd Lenoir 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 fully rented 2‑bedroom units; 7% cap rate at current rents; Covered carport for each unit
More about this property
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