For sale

$325,000

206 Ferry St, Loudon, TN 37774

3beds

2baths

1,610sqft

$1,994/mo

Get pre-qualified

Multi Family

Built in 1965

-- sqft lot

$311,500 Zestimate^®

$202/sqft

$-- HOA

What's special

Spacious unitsFlexible floor plansModern amenities

Introducing a prime investment opportunity in Loudon, TN! This 1,610 SF multifamily property presents an ideal prospect for high-rise investors. Boasting two spacious units, this building offers lucrative potential in a desirable location. With a focus on modern amenities and flexible floor plans, this property is an attractive choice for those seeking to bolster their real estate portfolio. Take advantage of this rare chance to invest in a thriving market and secure a sound return on investment. Don't miss out on the chance to own this promising asset in the sought-after Loudon area.

28 days

274

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Central, Electric

Cooling

Central Air

Features

Flooring: Laminate, Vinyl, Tile

Interior area

Total structure area: 1,610
Total interior livable area: 1,610 sqft

Property

Parking

Parking features: On Premise Parking

Lot

Size: 6,325 Square Feet
Dimensions: 55 x 115 M IRR

Details

Parcel number: 041B C 015.00

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame

Condition

Year built: 1965

Community & HOA

Community

Subdivision: Town Of Loudon

Location

Region: Loudon

Financial & listing details

Price per square foot: $202/sqft
Tax assessed value: $206,300
Annual tax amount: $1,526
Date on market: 7/20/2026
Listing terms: New Loan,Cash,Conventional

Estimated market value

$311,500

$296,000 - $327,000

$1,369/mo

Price history

Date	Event	Price
8/14/2026	Listed for rent	$1,500$1/sqft
Source: Zillow Rentals Report a problem
7/22/2026	Listed for sale	$325,000+58.5%$202/sqft
Source: East Tennessee Realtors #1348870 Report a problem
12/27/2024	Listing removed	$1,500-6.3%$1/sqft
Source: Zillow Rentals Report a problem
12/26/2024	Price change	$1,600-3%$1/sqft
Source: Zillow Rentals Report a problem
12/22/2024	Listed for rent	$1,650$1/sqft
Source: Zillow Rentals Report a problem
12/6/2024	Listing removed	$1,650$1/sqft
Source: Zillow Rentals Report a problem
11/28/2024	Price change	$1,650-1.5%$1/sqft
Source: Zillow Rentals Report a problem
11/20/2024	Price change	$1,675-5.6%$1/sqft
Source: Zillow Rentals Report a problem
11/8/2024	Price change	$1,775-4.1%$1/sqft
Source: Zillow Rentals Report a problem
10/30/2024	Listed for rent	$1,850+12.1%$1/sqft
Source: Zillow Rentals Report a problem
9/21/2023	Listing removed	--
Source: Zillow Rentals Report a problem
9/14/2023	Sold	$205,000+2.5%$127/sqft
Source: East Tennessee Realtors #1235575 Report a problem
9/14/2023	Listed for rent	$1,650$1/sqft
Source: Zillow Rentals Report a problem
8/6/2023	Pending sale	$200,000$124/sqft
Source: East Tennessee Realtors #1235575 Report a problem
8/5/2023	Listed for sale	$200,000+217.5%$124/sqft
Source: East Tennessee Realtors #1235575 Report a problem
6/3/2022	Sold	$63,000+152%$39/sqft
Source: Public Record Report a problem
2/11/1994	Sold	$25,000$16/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,526	$51,575
2024	$1,526 +13%	$51,575
2023	$1,350 +71.1%	$51,575 +71.1%
2022	$789	$30,150
2021	--	$30,150 +54.6%
2020	$593	$19,500
2019	$593 +2%	$19,500
2018	$581 +0%	$19,500
2017	$581 +4.1%	$19,500 +6.1%
2016	$558 +0.1%	$18,375
2015	$558	$18,375
2014	$558	$18,375
2013	--	$18,375
2012	$539	$18,375 -4%
2011	$539 +7.6%	$19,150
2010	$501	$19,150
2009	$501 -13.7%	$19,150
2008	$580 +22.6%	$19,150 +19.3%
2007	$473 +1.4%	$16,050
2006	$467	$16,050
2005	$467 -0.7%	$16,050
2004	$470 +10.7%	$16,050 +10.7%
2003	$425	$14,500