102-124 Asbury Way

Maryville, TN 37804

$2,600,000
Price
—
Beds
—
Baths
12,804 Sq. Ft.
$203 / Sq. Ft.
12,804
Sq. Ft.
$203
per Sq. Ft.

Description

12 townhouse units in booming Maryville, TN, in the foothills of the Great Smoky Mountains! Two all brick 6-plexes, located in a quiet suburban
area that is primarily single family residences. At almost 1,110 sq ft each, these townhomes are larger than many. All are 2 BDRM, 1.5 BA. All units are separately metered
and tenants pay own utilities. On-site parking at the front door of each unit. This property is ideal for an investor looking for a low maintenance,
quality product in a prime location for
...12 townhouse units in booming Maryville, TN, in the foothills of the Great Smoky Mountains! Two all brick 6-plexes, located in a quiet suburban
area that is primarily single family residences. At almost 1,110 sq ft each, these townhomes are larger than many. All are 2 BDRM, 1.5 BA. All units are separately metered
and tenants pay own utilities. On-site parking at the front door of each unit. This property is ideal for an investor looking for a low maintenance,
quality product in a prime location for either long term or short term rentals. All units are currently rented bringing in over $18,000.00/month in income. Total remodels include 10 of the
units, with 2 units partially remodeled. All units have new granite countertops, new sicks, kitchen faucets, and more. Zero vacancies in the past 3 years. Property sits on 2 acre tract with approx 1 acre used for green
space, with the potential to develop into a value add space for the tenants. Room to grow with the rents. Agent/Owner.
  1. Listed by Marla Marie Phillis • Skyway Realty Land & Homes

Amenities

  • Air Conditioning
  • Granite Kitchen Counter
  • On-site Parking
  • Parking Included
  • Private Outdoor Space
  • Washer / Dryer in Unit
LISTING UPDATED: 01/24/2025 02:44 PM

Property Details for 102-124 Asbury Way

StatusActive
MLS #1287742
Days on Market27
Taxes$19,991 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1979
Lot Size0.00 AC / 0 SF
CountyBlount County

Virtual Tour

Building Information for 102-124 Asbury Way

Stories-Residences12Year Built1979Building Size-Lot Size0.00 AC / 0 SF

Property Information for 102-124 Asbury Way

Summary
Location and General Information
  • City: Maryville
  • County Or Parish: Blount County - 28
  • Directions: From downtown Maryville take Hwy 411 East. Asbury Way is just past Brown School Rd. Property is on left. There is no sign on the property. PLEASE DO NOT DISTURB THE TENANTS.
  • Latitude: 35.767224
  • Longitude: -83.933214
  • MLS Area Major: Blount County - 28
  • MLS Area Minor: Blount County - 28
  • Postal Code: 37804
  • State Or Province: TN
  • Location Tax Legal Info Area: Blount County - 28
  • Remarks Misc Directions: From downtown Maryville take Hwy 411 East. Asbury Way is just past Brown School Rd. Property is on left. There is no sign on the property. PLEASE DO NOT DISTURB THE TENANTS.
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking
  • General Property Description Driveway: Asphalt
  • Garage Parking On Premise Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 047L A 005.00
  • Location Tax Legal Info Total Tax: 19991.0
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1979
  • Building Area Total: 12804.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 155Mx590M
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: 155Mx590M
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 125.0
  • Fuel Electric: True
  • Fuel Gas (Natural): True
  • Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Bay, Patio
  • Construction Materials: Brick
  • Siding Brick: True
  • Exterior Features Patio: True
  • Exterior Features Windows - Bay: True
  • Misc Features Pantry: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector
  • Flooring: Laminate, Carpet
  • Heating: Yes
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Laminate: True
  • Heat Central: True
  • Appliances Dishwasher: True
  • Appliances Disposal: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Self Cleaning Oven: True
  • Appliances Smoke Detector: True
  • Other Rooms Family Room: True
  • Roof Shingle: True
  • Misc Features WasherDryer Connect: True
Multi Family
Income & Expenses Information
  • Gross Income: $216,660.00
  • Net Operating Income: $182,430.00
Multi-Family Information
  • Number Of Units Total: 12
  • Type of Units 2 Bedroom Unit: True
  • Type of Units Townhouse: True
  • Income Expenses Gross Annual Income: 216660.0
Rental
Rent Information
  • General Property Description Number of Units Leased: 12.0
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Natural Gas,Electric
  • Tenant Expenses Tenant Pays All Utilities: True

Property History for 102-124 Asbury Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 102-124 Asbury Way

This home is within Maryville School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 7
Public - 4 to 7
Public - 8 to 9
Rating
School
Distance
John Sevier Elementary School
PublicPK to 3

Maryville Intermediate School
Public4 to 7

Coulter Grove Intermediate School
Public4 to 7

Maryville Junior High School
Public8 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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102-124 Asbury Way is a multi-family home for sale in Maryville, TN 37804. This property was listed for sale on January 23, 2025 by Skyway Realty Land & Homes, it's currently listed at $2,600,000. It has been on the market for a total of 27 days and was last sold on November 7, 2022. This listing's school district is Maryville School District. Nearby schools include John Sevier Elementary School, Maryville Intermediate School and Coulter Grove Intermediate School. 102-124 Asbury Way is a 0-bed, 0-bath, 12,804 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Skyway Realty Land & Homes, Marla Marie Phillis

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 MTRMLS, Inc. All Rights Reserved. Last updated: 01/24/2025 02:44 PM