Renovated Acreage
New
For Sale
$319,900
420 Cottage Way, Parrottsville, TN 37843
Each residence includes two bedrooms, one bath, a separate heat pump, and washer-dryer hookups.
Property Size2,016 SF
Lot Size3.00 Acres
Price / SF$158.68
Days on Market2
Property Features for 420 Cottage Way
General Information
Standard status
Active
Size
2,016 SF
Lot size
3.00 Acres
Property subtype
Commercial
Occupancy
100%
Financials
Gross Income
$24,000
Average Monthly Rent
$1,000
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Individually Metered Utilities
electric, water
Additional Details
Utilities to Site
Yes
Tenant in Place
Yes
Building Details
Year Built
2002
Year Renovated
2023
Tenancy
Multi
Listing Agency:
eXp Realty, LLC
Listed By:
Cory Parsons · License #31995
(304) 674-3190
Source:
Bpre
Added: Oct 23
Last Checked: Oct 23 at 5:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
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Investment Insights
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This side-by-side duplex contains two 1,008-square-foot residences, each arranged with two bedrooms, one bathroom, and an open kitchen and living area. Built in 2002 and updated in 2023, the homes have luxury vinyl plank flooring, refreshed kitchens with new appliances, new lighting and ceiling fans, and fresh paint. Each unit has its own heat pump, washer-dryer hookups, and a covered front porch beneath a metal roof.
The property encompasses 3 acres in Parrottsville, with open ground and wooded land at the rear. Both residences are leased through April 30, 2027. Electricity and water are separately metered, with tenants responsible for their own service.
The property encompasses 3 acres in Parrottsville, with open ground and wooded land at the rear. Both residences are leased through April 30, 2027. Electricity and water are separately metered, with tenants responsible for their own service.
Key Highlights
- Two side‑by‑side residences, each measuring 1,008 square feet
- 3 acres with open ground and woods at the rear
- Each residence has 2 bedrooms, 1 bath, and an open kitchen and living area
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
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Business Placement
Demographics for 37843, TN
3,731
Population
2,056
Households
1.8
Avg Household Size
48
Median Age
14%
College-Educated
87%
High-School Grad
52.7 sq mi
ZIP Area
71
Density / Sq Mi
$66,071
Median Household Income
$35,569
Median Earnings
$788
Median Rent
$164,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes two bedrooms, one bath, a separate heat pump, and washer-dryer hookups.
Where is this duplex located?
The property is located at 420 Cottage Way Parrottsville, TN.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two side‑by‑side residences, each measuring 1,008 square feet; 3 acres with open ground and woods at the rear; Each residence has 2 bedrooms, 1 bath, and an open kitchen and living area
