833 East Cumberland Drive

Louisville, TN 37777

$575,000
Price
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Beds
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per Sq. Ft.

Description

Multi-Family investment property. This 3 unit property is close to the Airport, Knoxville, UT, Hospitals, & the AMAZON Warehouse. All units have undergone different levels of remodeling. (Good Rental History). A must see.Multi-Family investment property. This 3 unit property is close to the Airport, Knoxville, UT, Hospitals, & the AMAZON Warehouse. All units have undergone different levels of remodeling. (Good Rental History). A must see.
  1. Listed by Tom Morris • Realty Executives Associates

Amenities

  • Air Conditioning
  • Garage
  • Parking Included
  • Private Outdoor Space
  • Washer / Dryer in Unit
LISTING UPDATED: 09/24/2024 01:35 PM

Property Details for 833 East Cumberland Drive

StatusActive
MLS #1277165
Days on Market46
Taxes$1,286 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1956
Lot Size0.69 AC / 30,056 SF
CountyBlount County

Building Information for 833 East Cumberland Drive

Stories-Residences3Year Built1956Building Size-Lot Size0.69 AC / 30,056 SF

Property Information for 833 East Cumberland Drive

Summary
Location and General Information
  • City: Louisville
  • County Or Parish: Blount County - 28
  • Directions: Take Alcoa Highway to E. Cumberland Dr. Home is at the top of the hill on the right.
  • Latitude: 35.852151
  • Longitude: -83.958709
  • MLS Area Major: Blount County - 28
  • MLS Area Minor: Blount County - 28
  • Postal Code: 37777
  • State Or Province: TN
  • Location Tax Legal Info Area: Blount County - 28
  • Remarks Misc Directions: Take Alcoa Highway to E. Cumberland Dr. Home is at the top of the hill on the right.
Parking
  • Attached Garage: Yes
  • Parking Features: On Premise Parking, Attached, Basement, Garage Door Opener
  • General Property Description Driveway: asphalt/gravel
  • Garage Parking Attached: True
  • Garage Parking Basement: True
  • Garage Parking Garage Door Opener: True
  • Garage Parking On Premise Parking: True
  • Garage Parking Garage Spaces: 2.0
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 009P B 016.00
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 1285.91
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 30056.0
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 30056.0
  • Year Built: 1956
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.69
  • Lot Size Dimensions: 235 x 162 x IRR
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: 235 x 162 x IRR
  • General Property Description Lot Size SqFt: 30056.0
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: 639.15
  • Fuel Electric: True
  • Misc Features Internet Available: True
  • Miscellaneous TV Cable Available: True
  • Miscellaneous Utility Room: True
  • Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Insulated, Prof Landscaped, Porch - Covered, Porch - Screened, Doors - Energy Star, Cable Available (TV Only), Fence - Chain
  • Construction Materials: Brick
  • Siding Brick: True
  • Exterior Features Cable Available (TV Only): True
  • Exterior Features Doors - Energy Star: True
  • Exterior Features Fence - Chain: True
  • Exterior Features Porch - Covered: True
  • Exterior Features Porch - Screened: True
  • Exterior Features Prof Landscaped: True
  • Exterior Features Windows - Insulated: True
  • Miscellaneous Patio: True
  • Miscellaneous Porch: True
  • Miscellaneous Porch - Screened: True
  • Miscellaneous Storage Space: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Laminate, Hardwood, Tile
  • Heating: Yes
  • Cooling Ceiling Fan(s): True
  • Cooling Central Cooling: True
  • Floors Hardwood: True
  • Floors Laminate: True
  • Floors Tile: True
  • Heat Central: True
  • Heat - Heat Pump: True
  • Appliances Dishwasher: True
  • Appliances Disposal: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Self Cleaning Oven: True
  • Appliances Smoke Detector: True
  • Appliances Washer: True
  • Other Rooms Addl Living Quarter: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Roof Asphalt: True
  • Roof Shingle: True
  • Misc Features Cathedral Ceiling: True
Multi Family
Income & Expenses Information
  • Gross Income: $51,600.00
  • Net Operating Income: $43,930.22
  • OperatingExpense: $7,669.78
Multi-Family Information
  • Number Of Units Total: 3
  • Type of Units 1 Bedroom Unit: True
  • Type of Units 2 Bedroom Unit: True
  • Type of Units Unfurnished: True
  • Income Expenses Gross Annual Income: 51600.0
  • Income Expenses Annual Oper Expenses: 7669.78
Unit 1
  • Unit 1 Unit Number: 1
  • Unit 1 Beds Total: 2
  • Unit 1 Rent: $2000/mo
  • Unit 1 Squarefeet: 1752.0
  • Unit 1 Furnished: Unfurnished
  • Unit 1 Lease: Yes
Unit 2
  • Unit 2 Unit Number: 2
  • Unit 2 Beds Total: 1
  • Unit 2 Rent: $1500/mo
  • Unit 2 Squarefeet: 1009.0
  • Unit 2 Furnished: Unfurnished
  • Unit 2 Lease: Yes
Unit 3
  • Unit 3 Unit Number: 3
  • Unit 3 Beds Total: 1
  • Unit 3 Rent: $800/mo
  • Unit 3 Squarefeet: 450.0
  • Unit 3 Furnished: Unfurnished
Rental
Rent Information
  • General Property Description Number of Units Leased: 2.0
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s)
  • Tenant Expenses Heating: Heat Pump,Central,Electric

Property History for 833 East Cumberland Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 833 East Cumberland Drive

Taxable ValueLand$7,500Additions$73,375Total$80,875
Tax Record2022$1,086 ($90 / month)
Home Facts
Beds0Total Finished SqFt2,760 SqFtAbove Grade Finished SqFt2,760 SqFtUnfinished Basement SqFt798 SqFtStories1Lot Size30,056 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1995ZoningSCountyBLOUNTAPN005009P B 01600Fireplace TypeHas Fireplace

Schools near 833 East Cumberland Drive

This home is within Blount County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 10
Public - PK to 12
Public - 6 to 8
Rating
School
Distance
Rockford Elementary School
PublicPK to 5

Eagleton College and Career Academy
Public6 to 10

Samuel Everett School of Innovation
PublicPK to 12

Eagleton Middle School
Public6 to 8

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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833 East Cumberland Drive is a multi-family home for sale in Louisville, TN 37777. This property was listed for sale on September 20, 2024 by Realty Executives Associates, it's currently listed at $575,000. It has been on the market for a total of 46 days and was last sold on July 21, 2023. This listing's school district is Blount County School District. Nearby schools include Rockford Elementary School, Eagleton College and Career Academy and Samuel Everett School of Innovation. 833 East Cumberland Drive is a 0-bed, 0-bath, multi-family home built in 1956.

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 Realty Executives Associates, Tom Morris

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 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 09/24/2024 01:35 PM