$555,000
About this home
A 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.
Highlights
Property details
- MLS #
- 1356814
- Property type
- Single Family Residence
- Subdivision
- Skinner
- Status
- Active
- Days on market
- 1
- On market date
- September 25, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 5.39 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 289
- Student:teacher ratio
- 16.1:1
- District
- Blount County
- Enrollment
- 711
- Student:teacher ratio
- 15.5:1
- District
- Blount County
- Enrollment
- 1,333
- Student:teacher ratio
- 15.9:1
- District
- Blount County
Walkability
Blended score for Walland's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. 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.