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New-Built Duplex With Private Backyards
For Sale
$799,900

Maryville, TN 37801, Maryville, TN 37801

MULTI_FAMILY - Maryville, TN

Property Size3,408 SF
Price / SF$234.71
Days on Market813

Property Features

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 1, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 6
Parking features Open, Garage
Interior features Walk-In Closet(s), Kitchen Island
Exterior features Windows - Vinyl
Appliances Dishwasher, Disposal, Microwave, Range, Self Cleaning Oven
Subdivision KLV LLC Property
Directions West Lamar Alex. Pkwy to North Houston Street, Turn right on Broyles Home is on the right. Sign on Property.
Standard status Active
APN 057E L 010.00
Size 3,408 SF

Taxes and HOA fees

Tax Annual Amount 7067

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Ceiling Fan(s)

Building Details

Year built 2024
Number of units 2
Building materials Vinyl Siding, Frame
Roof type Shingle
Listing Agency: Blevins Grp, Realty Executives · Realty Executives International
Listed By: Jay Blevins
Added: May 15, 2024 Changed: Aug 3 Last Checked: Aug 5 at 2:06PM
MLS# 1262896

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

New build duplex in the City of Maryville featuring two units, each with three bedrooms and 2.5 baths. Interior highlights include walk-in closets and a kitchen island. Appliances include a dishwasher, disposal, microwave, range, and self-cleaning oven. Heating is electric with central systems, and cooling is central air with ceiling fans.

Exterior features include vinyl siding and vinyl windows, with a shingle roof. Parking includes open parking plus a garage. The property includes a private backyard setting and is described as within walking distance to several Maryville City schools.

Built in 2024. Total property size is 3,408 square feet.

Key Highlights

  • Duplex with two units, each offering 3 bedrooms and 2.5 baths
  • 2024 build with vinyl siding, vinyl windows, and shingle roof
  • Private backyard setting for each unit

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $51.1k $15.00
− Vacancy −$3.8k −$1.13
EGI $47.3k $13.88
− OpEx −$14.2k −$4.16
NOI $33.1k $9.71
3,408 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$472.9K
$413.8K – $551.7K (±1% cap)
NOI $33,100 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$440.2K
$385.2K – $513.6K (±1% cap)
NOI $30,816 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $96,043 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,725
Businesses Nearby

Demographics for 37801, TN

28,822
Population
12,254
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
89%
High-School Grad
69.4 sq mi
ZIP Area
415
Density / Sq Mi
$70,814
Median Household Income
$45,296
Median Earnings
$1,061
Median Rent
$268,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Newly built duplex where each unit offers three bedrooms, 2.5 baths, and a private backyard setting.
Where is this duplex located?
The property is located at Maryville, TN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Duplex with two units, each offering 3 bedrooms and 2.5 baths; 2024 build with vinyl siding, vinyl windows, and shingle roof; Private backyard setting for each unit
More about this property
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