Investment Opportunity in the Heart of Blountville! Centrally located in Blountville, this versatile mixed-use property offers multiple income streams and excellent potential for investors. The property features three residential rental units, each offering 2 bedrooms and 1 full bathroom. Two units are equipped with efficient heat pumps, while the third utilizes baseboard heat and window units. Two of the residential units share a common laundry area, while the third enjoys its own private laundry space.
Adding to the property's value is a retail/office lease space fronting Highway 394, providing excellent visibility and accessibility. The commercial space includes a restroom and is ideal for a variety of business uses.
With a desirable central location, established rental potential, and both residential and commercial income opportunities, this property presents a rare chance to expand your investment portfolio in the growing Blountville market. Don't miss this unique multi-unit, mixed-use property with strong income-producing potential.
Pending
$240,000
2783 Island Rd, Blountville, TN 37617
6beds
3baths
600sqft
:
Get pre-qualified$1,437/mo
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$400/sqft
$-- HOA
What's special
- 50 days |
- 317 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Hannah Powell 423-358-3286,
Platinum Properties, Powell, Realtors 423-863-4514,
Julie Wallace 423-408-9772,
Platinum Properties, Powell, Realtors
Source: TVRMLS,MLS#: 9997190
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Baseboard, Heat Pump
Cooling
- Heat Pump, Window Unit(s)
Features
- See Remarks
- Flooring: Carpet
Interior area
- Total structure area: 600
- Total interior livable area: 600 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.51 Acres
- Topography: Rolling Slope
Details
- Parcel number: 034 12200 000
- Zoning: B 1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subtype: Multi Family
Materials
- Block, Frame, Vinyl Siding
- Roof: Composition
Condition
- Average
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Blountville
Financial & listing details
- Price per square foot: $400/sqft
- Tax assessed value: $168,500
- Annual tax amount: $1,087
- Date on market: 6/22/2026
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,130/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Pending sale | $240,000$400/sqft |
Source: TVRMLS #9997190 Report a problem | ||
| 6/22/2026 | Listed for sale | $240,000+222.1%$400/sqft |
Source: TVRMLS #9997190 Report a problem | ||
| 9/22/2020 | Sold | $74,500+26.3%$124/sqft |
Source: TVRMLS #9909773 Report a problem | ||
| 1/24/1996 | Sold | $59,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,087 +45.7% | $67,400 +125.6% |
| 2024 | $746 +3.7% | $29,880 |
| 2023 | $719 | $29,880 |
| 2022 | $719 | $29,880 |
| 2021 | -- | $29,880 -17.9% |
| 2020 | $935 | $36,400 |
| 2019 | $935 +0.8% | $36,400 |
| 2018 | $928 +0% | $36,400 |
| 2017 | $928 | $36,400 -4.6% |
| 2016 | $928 +5.5% | $38,160 0% |
| 2014 | $880 | $38,163 |
| 2013 | $880 -1.1% | $38,163 |
| 2012 | $889 +12.6% | $38,163 +3% |
| 2011 | $790 | $37,069 |
| 2010 | $790 | $37,069 |
| 2009 | $790 | $37,069 |
| 2008 | -- | $37,069 +909% |
| 2007 | $93 | $3,674 |
| 2006 | $93 | $3,674 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37617
Getting around
Nearby schools
GreatSchools rating
- 7/10Central Heights Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 6/10Sullivan Central Middle SchoolGrades: 6-8Distance: 3.1 mi
- 7/10West Ridge High SchoolGrades: 9-12Distance: 5.4 mi
Schools provided by the listing agent
- Elementary: Central Heights
- Middle: Sullivan
- High: West Ridge
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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