Views - Primary on Main
Address
4532 E Lamar Alexander Pkwy, Walland, TN
Price
$ 555,000

Your Agent

Amie Dodson

Amie Dodson

Owner, Principal Broker, Broker / Owner

865-228-2288

Property Attributes
  • MLS#1356814
  • TypeSingle Family
  • Listing Status Active
  • CountyBlount
  • CityWalland
  • AreaBlount County
  • NeighborhoodSkinner
  • Zip37886
  • StyleTraditional
  • Year Built1957
  • Taxes$ 683
  • Price$ 555,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1320
  • Lot Size5.39 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description

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.

Price History
9/25/2026 Listed $555,000

General Features

Sewer Septic Tank
Heating Central,Forced Air,Propane,Electric
Cooling Central Cooling,Ceiling Fan(s)
Appliances Gas Range,Dishwasher,Microwave,Refrigerator,Self Cleaning Oven
Architectural Style Traditional
Construction Materials Vinyl Siding,Brick,Frame
Year Built 1957
View Mountain View
Property Subtype Single Family Residence
County Blount County - 28
Property Type Single Family
Association Amenities Recreation Facilities
HOA true
Attached Garage true
Subdivision Name Skinner
Other Structures Storage
Total Rooms 8
Full Baths 2
Status Active
Directions From Maryville, travel south on US-321/E Lamar Alexander Parkway toward Townsend. Continue through Walland approximately 10 miles. Property is located at 4532 E Lamar Alexander Parkway on the right.
City Walland
MLS Area Blount County - 28
Lot Size Units Acres
Lot Size Square Feet 234788.4
Property Attached Y/N false
MLS Area Minor Blount County - 28
Structure Type Basement Ranch
Standard Status Active
New Financing Cash true
New Financing VA Loan true
New Financing Coventional true
New Financing Exchange true

Interior Features

Basement Walkout,Partially Finished
Flooring Laminate,Hardwood,Vinyl,Tile
Total Fireplaces 1
Fireplace Features Stone,Gas Log
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Wood
Fireplace Y/N true
Total Bedrooms 3
Total Baths 2
Other_sp_Rooms_co_Great_sp_Room true

Exterior Features

Exterior Amenities Windows - Vinyl
Parking Features Off-Street Parking,Attached,Detached,RV Parking,Main Level
Lot Features Private,Wooded,Irregular Lot,Rolling Slope
Water Source Public,Well
Lot Size Area 5.39
Building Area Total 1320
Lot Size Acres 5.39
Lot Size Source Survey

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37886

Price
AVG $1.39M
$560K
Taxes
AVG $1,732
$683
Year Built
AVG 2000
1957

Your Agent

Amie Dodson

Amie Dodson

Owner, Principal Broker, Broker / Owner

865-228-2288

Listed By
Greater Impact Realty

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