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50 photos

$289,000

206 Ferry St
Loudon, TN 37774
Listed by Megan Branam · The Price Agency, Realty Executives
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1965

About this home

Investor Opportunity! Don't miss this multi-family property offering excellent income potential! The main home features 2 bedrooms and 1 bathroom and is currently tenant-occupied with a one-year lease in place, providing immediate rental income. The second unit offers 1 bedroom and 1 bathroom and is currently vacant, giving the new owner the opportunity to secure an additional tenant or explore other possibilities. Both units feature their own dedicated laundry rooms for added convenience. Whether you're looking to expand your investment portfolio or get started in real estate investing, this property offers a great opportunity with one unit already generating income and another ready for its next occupant!

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1360844
Property type
Residential Income
Subdivision
Town Of Loudon
Status
Active
Days on market
1
On market date
November 2, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Loudon Elementary
1.35 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
572
Student:teacher ratio
13.6:1
District
Loudon County
Middle
Ft Loudoun Middle School
1.45 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
372
Student:teacher ratio
16.2:1
District
Loudon County
High
Loudon High School
1.29 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
711
Student:teacher ratio
13.4:1
District
Loudon County

Walkability

Blended score for Loudon's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

63
Walkable
out of 100
EPA National Walkability Index
10.8 / 20 -- Above average walkable
Google Places amenity density
75 / 100
Restaurants & cafes13
Grocery stores3
Parks6
Schools2
Transit stops0
Pharmacies1

Market position

How this listing compares to current activity in Loudon, from live MLS data.

On the market 1 days -- 123 fewer days than Loudon's current average of 124 days.
For reference, the median list price across 383 active listings in Loudon right now is $325,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$1,890/mo
$57,800 down
$231,200 loan
Principal & interest$1,500
Property tax (est.)$241
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.