$349,000
About this home
LOUDON, TN -- RUN YOUR BUSINESS RENT-FREE. LET THE APARTMENTS PAY THE MORTGAGE. Mixed-use building minutes from Court Square: ground-floor shop/storage with its own bath, plus two newly renovated 1BR/1BA apartments upstairs, and a 160 sq ft storage shed on the lot. THE NUMBERS: Apartments rent for about $800/mo each. The shop space is projected to lease at about $1,000/mo. Gross scheduled income is about $31,200/yr, a gross rent multiplier of about 11.2 at list price. Owner-occupant? Use the shop for your own business while $1,600/mo from the apartments covers most of the mortgage. Investor? Lease all three spaces for full income. Walkable to downtown shops, restaurants and Monkey Town Brewing. Rent roll and income/expense summary available in MLS documents. Call Jack Woods, 865-766-7653, to schedule a showing.
Property details
- MLS
- East Tennessee REALTORS® MLS
- MLS #
- 1356184
- Property type
- Residential Income
- Subdivision
- Blairland Add
- Status
- Active
- Days on market
- 198
- On market date
- September 21, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →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.
- Enrollment
- 572
- Student:teacher ratio
- 13.6:1
- District
- Loudon County
- Enrollment
- 372
- Student:teacher ratio
- 16.2:1
- District
- Loudon County
- 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).
Market position
How this listing compares to current activity in Loudon, from live MLS data.
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 3 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.