4532 E Lamar Alexander Pkwy
Walland, TNA UNIQUE EAST TENNESSEE OPPORTUNITY WITH INCOME, SPACE & ROOM TO GROW! Come discover the possibilities at this 5.39-acre income-producing property in beautiful Walland, TN, ideally situated near Maryville, Townsend, Little River, and the Great Smoky Mountains. Offering a unique residential communal living setup, the property features a 3BR/2BA home with basement and 7 existing rental units, currently generating approximately $6,400/month, with potential revenue of approximately $8,300/month. Current Cap Rate: 9.45% | Pro Forma Cap Rate: 12.7% The property also includes the current RV, covered carports, sheds, established garden areas, and plenty of open space to enjoy. Whether you're looking to continue the existing income stream, create a homesteading lifestyle, expand the current setup, or explore additional income opportunities, there's plenty of room to make this property your own. Convenient US-321 access puts you close to the area's natural beauty while still offering easy access to nearby communities. Buyer to verify all information.
Active
- Price
- $ 555,000
- City
- Walland
- Bedrooms
- 3
- Full Bathrooms
- 2
- County
- Blount
- Half Bathrooms
- 0
- Area
- Blount County
- Lot Size
- 5.39 Acres
- Zip
- 37886
- Sqr Footage
- 1,320
- Year Built
- 1957
- Taxes
- $ 683
- Style
- Traditional
- MLS#
- 1356814
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Knoxville, TN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 37886
Areas That We Cover
- Alcoa
- Allardt
- Andersonville
- Blaine
- Bristol
- Caryville
- Clinton
- Corryton
- Deer Lodge
- Duff
- Duffield
- Farragut
- Friendsville
- Greenback
- Harriman
- Heiskell
- Helenwood
- Huntsville
- Jacksboro
- Jellico
- Kingston
- Knoxville
- Kodak
- Lafollette
- Lake City
- Lancing
- Lenoir City
- Loudon
- Louisville
- Luttrell
- Maryville
- Mascot
- Maynardville
- Midtown
- New Tazewell
- Newcomb
- Norris
- Oak Ridge
- Oakdale
- Oliver Springs
- Oneida
- Petros
- Philadelphia
- Pioneer
- Powell
- Robbins
- Rockford
- Rockwood
- Rocky Top
- Rugby
- Rutledge
- Sevierville
- Seymour
- Sharps Chapel
- Speedwell
- Strawberry Plains
- Sunbright
- Sweetwater
- Tallassee
- Ten Mile
- Townsend
- Vonore
- Walland
- Wartburg
- Washburn
- Winfield
4532 E Lamar Alexander Pkwy Walland, TN is a Single Family Home for sale at $555000 with 1320 sqft and a lot size of 5.39 Acres Acre(s). 4532 E Lamar Alexander Pkwy Walland has 3 bedrooms, 2 baths and was built in 1957. The property's zip code is 37886 which is in Walland, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.