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24-Unit Renovated Apartment Building

281 John McGhee Blvd, Caryville, TN 37714

For Sale
New
$2,139,900

Multi-Family, Caryville, TN

Property SizeContact for details
Lot Size0.00 Acres
Days on Market5

Property Features for 281 John McGhee Blvd

General Information

Property type Residential Multi Family
Property subtype Other
Directions I75N to exit 134 take right onto John McGhee Blvd. Property is on the left.
Subdivision Campbell County - 37
Standard status Active
APN 127 NB02700 000
Lot size 0.00 Acres

Additional Details

Individually Metered Utilities electricity, water

Taxes and HOA fees

Tax Annual Amount 2709

Utilities

Heating system Electric (Heating)

Building Details

Year built 1978
Number of units 24
Building materials Brick
Roof type Shingle
Listing Agency: Southland Brokers
Listed By: Raj Cheema
Added: Nov 5 Last Checked: Nov 9 at 4:06AM
MLS# 1361156

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.

Rey
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Investment Insights

Based on property information with market context.

This 24-unit apartment property was built in 1978 and has brick construction, a shingle roof, and electric heat. Its mix comprises 9 studio apartments, 11 one-bedroom units, 3 two-bedroom units, and 1 four-bedroom unit. Improvements include new flooring, roofing, PTAC units, appliances, cabinets, electrical panels and meters, along with plumbing updates and individual plumbing meters. Utilities are separately metered and paid by tenants.

The property is in Caryville near an I-75 exit, with access to the interstate and a short drive to Knoxville.

Key Highlights

  • 24 apartments: 9 studios, 11 one‑bedroom units, 3 two‑bedroom units and 1 four‑bedroom unit
  • Renovation work includes new flooring, roof, PTAC units, appliances, cabinets, electrical panels and meters
  • Updated plumbing with individual plumbing meters; tenants pay separately metered utilities

Property Analytics

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Lease Details

24
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 37714, TN

4,352
Population
2,096
Households
2.1
Avg Household Size
43
Median Age
10%
College-Educated
84%
High-School Grad
64.4 sq mi
ZIP Area
68
Density / Sq Mi
$53,431
Median Household Income
$38,475
Median Earnings
$862
Median Rent
$192,900
Median Home Value
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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?
Apartment building - Tenant-paid, separately metered utilities serve this renovated property near an I-75 exit.
Where is this apartment building located?
The property is located at 281 John McGhee Blvd Caryville, TN.
What is the asking price?
The asking price for this property is $2,139,900.
What are key features of this property?
This property features: 24 apartments: 9 studios, 11 one‑bedroom units, 3 two‑bedroom units and 1 four‑bedroom unit; Renovation work includes new flooring, roof, PTAC units, appliances, cabinets, electrical panels and meters; Updated plumbing with individual plumbing meters; tenants pay separately metered utilities
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