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New-Build Duplex
For Sale
$799,900

Maryville, TN 37801, Maryville, TN 37801

Multi-Family, Maryville, TN

Property Size3,408 SF
Price / SF$234.71
Days on Market904

Property Features

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 4, Bathroom 2
Parking features Garage, Open
Interior features Walk-In Closet(s), Kitchen Island
Exterior features Windows - Vinyl
Appliances Dishwasher, Disposal, Microwave, Range, Self Cleaning Oven
Subdivision KLV LLC Property
Standard status Active
Size 3,408 SF

Taxes and HOA fees

Tax Annual Amount 7067

Utilities

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

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 · License #311476
Added: May 15, 2024 Changed: Oct 28 Last Checked: Nov 4 at 6:06PM
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.

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Investment Insights

Based on property information with market context.

Under construction in Maryville, this 2024-built duplex contains 3,408 square feet across two residences. Each unit has three bedrooms, 2.5 baths, a kitchen island, and a walk-in closet. Vinyl siding and vinyl windows complement the frame construction, while central electric heat and central air serve the building.

The property is within walking distance of several Maryville City schools. Parking includes both open spaces and a garage.

Key Highlights

  • Two units, each with 3 bedrooms and 2.5 baths
  • 3,408‑square‑foot duplex under construction
  • Built in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,100
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,000 $662.0K
Cap Rate 7%
$472,857 $472.9K
Cap Rate 9%
$367,778 $367.8K
Market Conditions
NOI Build-Up for 3,408 SF
Gross rent
$51.1K $15.00/SF
− Vacancy
−$3.8K −$1.13/SF
EGI
$47.3K $13.88/SF
− OpEx
−$14.2K −$4.16/SF
NOI
$33.1K $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%
$662,000
Cap Rate 7%
$472,857
Cap Rate 9%
$367,778

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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

10
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 three-bedroom residences offer private backyard settings and garage parking.
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: Two units, each with 3 bedrooms and 2.5 baths; 3,408‑square‑foot duplex under construction; Built in 2024
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