$369,000

111 & 113 Dave Lane, Maryville, TN 37801

  • 1,808 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $204/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

This exceptional duplex property presents an outstanding investment opportunity for both newcomers and seasoned investors seeking reliable rental income. Rent both units or live in one while offering the other for lease. Each thoughtfully designed unit features 2 bedrooms and 1 full bathroom. The open concept design seamlessly blends the kitchen and family room areas. The generous square footage of 1,808 square feet (904 per unit) ensures each unit feels roomy and comfortable, never cramped or constrained. The large laundry room offers tremendous convenience for tenants, while the property's well-maintained condition means you can focus on collecting rent rather than constant repairs. Outside, the large level yard provides privacy and outdoor enjoyment, complemented by a useful storage shed for additional tenant convenience. Each unit has a deck w a privacy panel between the units and each includes its own carport and dedicated driveway. Recent updates throughout the property demonstrate exceptional care and attention to detail. Newly installed Luxury vinyl plank flooring, both beautiful and durable, extends throughout both units, eliminating the maintenance headaches of carpet while providing an attractive, durable surface that withstands heavy foot traffic. Fresh paint and trim work create a clean, contemporary appearance that photographs beautifully and attracts quality tenants. The kitchens have received attention with unit 113 featuring a new dishwasher, and countertop and unit 111 stove, dishwasher and refrigerator replaced in 2020. Modern light fixtures and ceiling fans throughout both units, along with updated switches reflect the sellers commitment to keeping this property in pristine condition. Unit 111 has a newer water heater and heat pump ensuring reliable comfort and energy efficiency. The roof was replaced in 2020, providing years of worry-free protection and peace of mind for any investor. This level of upkeep is rare in investment properties and represents exceptional value for the discerning buyer. The location strikes that perfect balance between peaceful country living and urban convenience. While you'll enjoy the tranquil setting and privacy that comes with a more rural atmosphere, you're never far from shopping, dining, and employment centers. This combination appeals to a broad range of potential tenants, from young professionals seeking affordable housing to families wanting space to grow. Investment properties of this caliber, with such extensive recent updates and thoughtful tenant amenities, rarely remain available long. The dual income potential, combined with the property's excellent condition and desirable location, creates a compelling opportunity for building wealth through real estate. Schedule your appointment today!

Listing Status:
Pending
Date Added:
July 6, 2025 at 05:00AM
Listing Office:
Realty Executives Associates : 865-983-0011
MLS ID:
1307306

This listing courtesy of Realty Executives Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Mary Blount Elementary School

131 S Old Glory Rd, Maryville, TN, 37801

Grades PK-5

2.25 miles away

U

Union Grove Middle School

334 S Old Grey Ridge Rd, Friendsville, TN, 37737

Grades 6-8

2.17 miles away

W

William Blount High School

219 County Farm Rd, Maryville, TN, 37801

Grades 9-12

1.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.