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Renovated Duplex on Acreage
New
For Sale
$319,900

420 Cottage Way, Parrottsville, TN 37843

Commercial Sale, Parrottsville, TN

Property Size2,016 SF
Lot Size3.00 Acres
Price / SF$158.68
Days on Market3

Property Features for 420 Cottage Way

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 4
Subdivision Not In Subdivision
Directions Take TN-354 S/Boones Creek Rd to US-11E S/E Jackson Blvd in Jonesborough Follow US-11E S and US-321 S to Carpenter Rd in Cocke County Continue on Carpenter Rd. Take Allen Chapel Rd to Cottage Rd
Standard status Active
APN 041 046.01
Size 2,016 SF
Lot size 3.00 Acres

Taxes and HOA fees

Tax Annual Amount 1585

Utilities

Utilities Cable Available
Heating system Central
Cooling system Central Air
Water source Public

Amenities

covered front porches
W/D hookups

Building Details

Year built 2002
Building materials Vinyl Siding
Roof type Metal
Listing Agency: eXp Realty, LLC
Listed By: Cory Parsons · License #332530
Added: Oct 21 Last Checked: Oct 23 at 8:06PM
MLS# 10002410

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 side-by-side duplex contains 2,016 square feet across two residences, each with 1,008 square feet, two bedrooms, one bathroom, and an open kitchen and living area. Built in 2002 and updated in 2023, the homes have refreshed kitchens, new appliances, luxury vinyl plank flooring, updated lighting, and ceiling fans. Each unit has its own heat pump, washer and dryer hookups, and a covered front porch. The building has vinyl siding and a metal roof.

The property spans 3 acres in Parrottsville, with open land and wooded ground. Public water serves the property, and electric and water are separately metered for the units. Both residences are leased through April 30, 2027.

Key Highlights

  • Side‑by‑side duplex with 2,016 square feet total
  • Two 1,008‑square‑foot residences, each with 2 bedrooms and 1 bathroom
  • 3 acres with open ground and wooded land

Property Analytics

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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

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

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

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer independent heat pumps, laundry hookups, and covered porches on a three-acre parcel.
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: Side‑by‑side duplex with 2,016 square feet total; Two 1,008‑square‑foot residences, each with 2 bedrooms and 1 bathroom; 3 acres with open ground and wooded land
More about this property
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