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Duplex
For Sale
$409,000

616618 Kinzel Ave, Maryville, TN 37804

The residential property includes central air and central electric service.

Property Size1,800 SF
Price / SF$227.22
Days on Market55

Property Features for 616618 Kinzel Ave

General Information

Standard status Active
Size 1,800 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,158

Amenities

Central Air
Central, Electric, Other

Building Details

Building Size 1,800 SF
Year Built 1965
Buildings 1
Listing Agency: Alliance Sotheby's International
Listed By: Amy Davis · License #337841
Source: Evrealestate
Added: Aug 14 Changed: Oct 6 Last Checked: Oct 7 at 12:39PM

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

Investment Insights

Based on property information with market context.

This 1,800-square-foot duplex was built in 1965 and includes central air. Central and electric systems are also listed among its interior features.

The property is at 616618 Kinzel Ave in Maryville, Tennessee.

Key Highlights

  • 1,800‑square‑foot duplex
  • Built in 1965
  • Central air

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,483
Cap Rate
4.27%
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 (±1% cap)
NOI $17,483 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$232.5K
$203.5K – $271.3K (±1% cap)
NOI $16,276 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$724.7K
$634.1K – $845.5K (±1% cap)
NOI $50,727 @ 7.0% cap · market cap 12.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Big Box & Wholesale Store Restaurant Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The residential property includes central air and central electric service.
Where is this duplex located?
The property is located at 616618 Kinzel Ave Maryville, TN.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: 1,800‑square‑foot duplex; Built in 1965; Central air
More about this property
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