Renovated Brick
For Sale
$399,900
616 & 618 Kinzel Ave, Maryville, TN 37804
Two two-bedroom units occupy a brick residence updated across its major systems and appliances.
Property Size1,800 SF
Price / SF$222.17
Days on Market83
Property Features for 616 & 618 Kinzel Ave
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Multi Family Home
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,158
Amenities
Pantry
Windows - Vinyl
Building Details
Building Size
1,800 SF
Year Built
1965
Year Renovated
2022
Buildings
1
Units
2
Construction
brick
Listing Agency:
Alliance Sotheby's International
(865) 357-3232
Listed By:
Amy Davis · License #337841
(865) 254-4687
Source:
Creekcountryrealestate
Added: Aug 7
Changed: Oct 25
Last Checked: Oct 26 at 3:36AM
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 Alliance Sotheby's International
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Investment Insights
Based on property information with market context.
This brick duplex at 616 & 618 Kinzel Ave in Maryville contains two two-bedroom units within 1,800 square feet. Built in 1965, the property underwent a comprehensive renovation in 2022, including work on the roof, interior, appliances, and major systems.
The residence sits on over an acre of usable land along a dead-end road. Its two-unit configuration supports separate residential spaces within one property.
The residence sits on over an acre of usable land along a dead-end road. Its two-unit configuration supports separate residential spaces within one property.
Key Highlights
- Two two‑bedroom units in 1,800 square feet
- Comprehensive renovation completed in 2022, including major systems, appliances, roof, and interior
- All‑brick residence built in 1965
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,483
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,660
$349.7K
Cap Rate 7%
$249,757
$249.8K
Cap Rate 9%
$194,256
$194.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$27.0K $15.00/SF
− Vacancy
−$2.0K −$1.13/SF
EGI
$25.0K $13.88/SF
− OpEx
−$7.5K −$4.16/SF
NOI
$17.5K $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%
$349,660
Cap Rate 7%
$249,757
Cap Rate 9%
$194,256
Alternative Uses
Best Use
Multifamily LT 5
$249.8K
$218.5K – $291.4K
NOI $17,483 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$232.5K
$203.5K – $271.3K
NOI $16,276 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$724.7K
$634.1K – $845.5K
NOI $50,727 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
90
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom units occupy a brick residence updated across its major systems and appliances.
Where is this duplex located?
The property is located at 616 & 618 Kinzel Ave Maryville, TN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two two‑bedroom units in 1,800 square feet; Comprehensive renovation completed in 2022, including major systems, appliances, roof, and interior; All‑brick residence built in 1965
