Duplex with Dedicated
New
For Sale
$219,900
302 Carlton, Maryville, TN 37804
Multi-Family, Maryville, TN
Property Size1,332 SF
Lot Size0.33 Acres
Price / SF$165.09
Days on Market6
Property Features for 302 Carlton
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Carport
Appliances
Range, Refrigerator
Subdivision
Rock Gardens
Elementary school
Eagleton
Middle school
Eagleton
High school
Eagleton
Directions
From the redlight at the intersection of East Broadway and East Lincoln rd turn West on East Lncoln, go about 1/4 mile to Eagleton rd on right. then proceed about 400' to Carlton Ct on left. Turn onto Carlton Court , 302 is first driveway on right.
Standard status
Active
APN
047B B 02500 000
Size
1,332 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Annual Amount
2313
Utilities
Utilities
Cable Available
Heating system
Natural Gas, Electric (Heating), Baseboard, Central
Cooling system
Window Unit(s)
Amenities
washer dryer connections
carport
Building Details
Year built
1920
Number of units
2
Flooring type
Carpet, Vinyl
Building materials
Vinyl Siding, Frame
Roof type
Shingle, Asphalt
Listing Agency:
Realty Executives Associates · Realty Executives International
Listed By:
John Weston
(865) 983-0011
Added: Oct 23
Changed: Oct 27
Last Checked: Oct 28 at 1:06AM
MLS# 1359802
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.
The 1,332-square-foot duplex sits on a 0.33-acre lot in Maryville. Built in 1920, the property has two-bedroom units, each with a carport and washer/dryer connections. Range and refrigerator appliances are included.
Interior finishes include vinyl and carpet flooring. The building has vinyl siding over frame construction, a shingle and asphalt roof, and window-unit cooling. Heating features listed for the property include electric, natural gas, baseboard, and central systems.
Interior finishes include vinyl and carpet flooring. The building has vinyl siding over frame construction, a shingle and asphalt roof, and window-unit cooling. Heating features listed for the property include electric, natural gas, baseboard, and central systems.
Key Highlights
- 1,332 square feet on a 0.33‑acre lot
- Duplex with two‑bedroom units
- Dedicated carport for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,937
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,740
$258.7K
Cap Rate 7%
$184,814
$184.8K
Cap Rate 9%
$143,744
$143.7K
Market Conditions
NOI Build-Up for 1,332 SF
Gross rent
$20.0K $15.00/SF
− Vacancy
−$1.5K −$1.13/SF
EGI
$18.5K $13.88/SF
− OpEx
−$5.5K −$4.16/SF
NOI
$12.9K $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%
$258,740
Cap Rate 7%
$184,814
Cap Rate 9%
$143,744
Alternative Uses
Best Use
Multifamily LT 5
$184.8K
$161.7K – $215.6K
NOI $12,937 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$172.1K
$150.6K – $200.7K
NOI $12,044 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$536.3K
$469.2K – $625.6K
NOI $37,538 @ 7.0% cap · market cap 17.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
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Business Placement
Demographics for 37804, TN
27,075
Population
10,569
Households
2.6
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
34.9 sq mi
ZIP Area
776
Density / Sq Mi
$75,794
Median Household Income
$37,879
Median Earnings
$1,155
Median Rent
$224,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have carport parking and washer/dryer connections.
Where is this duplex located?
The property is located at 302 Carlton Maryville, TN.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 1,332 square feet on a 0.33‑acre lot; Duplex with two‑bedroom units; Dedicated carport for each unit
