BJ Can Help You Purchase This Unit

Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

2182 Lakeview Rd, Lenoir City, 37772

Priced At: $399,999

Property Details for ID: 1328209



SqFt: 1,344
Price SqFt: $298
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-02-02T04:31:02Z

Public Remarks: Income-producing property with a 6% cap rate at current rents. Potential exists to improve returns with future rent adjustments; increasing the second unit to approximately $1,500/month could bring the cap rate closer to 7%. Buyer to verify all income, expenses, and projections. Brick duplex in a great Lenoir City location just off Martel Rd. Fully rented with a newer metal roof and covered carports for each unit. Each 2-bedroom unit features central HVAC, washer/dryer connections, and tenants pay all utilities including water. Unit 1 renovated approx. 3 years ago; property updates approx. 10 years ago include kitchens, flooring, roof, and windows. Located approx. 1 mile from Lenoir City Park with dog park, playgrounds, boat launch, and minutes to Loudon Marina and Calhoun's. Strong investment opportunity.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1968
SqFt (Total): 1,344
Sub-Type: Duplex
Sale Includes: No Furnishings
Unit Type(s): 2 Bedroom Unit, Unfurnished

  Exterior Features

Features: Window - Energy Star, Windows - Vinyl
Construction: Frame
Siding: Brick

  Appliances

Microwave, Range, Refrigerator, Smoke Detector

  Room Dimensions

  Interior Features

Floors: Brick, Laminate, Tile, Vinyl
Other Rooms: Mstr Bdrm Main Level

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Alternative, Assumable, Cash, Conventional, FHA, New Loan, Second Mortgage, THDA, USDA Loan, VA Loan
Gross Annual Income: 31,200
Annual Operating Expenses: 2,580
Net Operating Income: 28,620

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Carport

  Community Features

Outbuildings


Presented By: / Southland Realtors, Inc

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Take Northshore Dr to left (South) on Beals Chapel. Take the first right onto Lakeview Rd. Duplex is approx. 1.1 miles on the left (just after the hard right curve).



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

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Four Reasons to Use BJ Swinehart

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

On-Time Guarantee

From showings to closing; I know that your time is valuable and our agents and staff will always strive to never keep you waiting.

Marketing Expertise

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Experience Is Key

Licensed since 1981, I have the experience to solve problems that arise and the know how to avoid major pitfalls

International Experience

I am a Certified International Property Specialist and have worked with buyers and sellers from all over the world.