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Renovated Duplex on Wooded Acreage

420 Cottage Way, Parrottsville, TN 37843

For Sale
New
$319,900

Multi Family, Parrottsville, TN

Property Size2,016 SF
Lot Size3.00 Acres
Price / SF$158.68
Days on Market1

Property Features for 420 Cottage Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Multi
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Basement, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Dining Room, Bathroom 1
Window features Double Pane Windows
Patio and Porch features Porch
Interior features Kitchen/Dining Combo, Open Floorplan, Remodeled
Basement Crawl Space
Appliances Range, Refrigerator
Subdivision Not In Subdivision
Elementary school Parrottsville
Middle school Out Of Area
High school Cocke Co
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 04601 000
Size 2,016 SF
Lot size 3.00 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electric, water

Taxes and HOA fees

Tax Annual Amount 1585

Utilities

Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 2002
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Vinyl Siding
Roof type Metal
Architectural style Other
Buildings 1
Listing Agency: eXp Realty, LLC
Listed By: Cory Parsons · License TN #332530
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 10003274

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.

Rey
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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, and one bathroom. Built in 2002 and renovated in 2023, both homes have open kitchen and living areas, updated kitchens with ranges and refrigerators, vinyl flooring, heat pumps, washer and dryer hookups, and covered front porches beneath a metal roof. The property is zoned Multi.

The duplex occupies 3 acres in Parrottsville, with open ground adjoining wooded land. Public water serves the property, and electric and water are separately metered for the two residences.

Both homes are leased through April 30, 2027. The property combines two renovated units with a three-acre parcel.

Key Highlights

  • Two side‑by‑side residences, each with 1,008 square feet
  • Each unit has 2 bedrooms and 1 bathroom
  • 3‑acre parcel with open ground and wooded area

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
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 - Each residence includes two bedrooms, one bathroom, a covered porch, and separately metered electric and water service.
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 with 1,008 square feet; Each unit has 2 bedrooms and 1 bathroom; 3‑acre parcel with open ground and wooded area
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