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.
For sale
$240,000
2783 Island Rd, Blountville, TN 37617
6beds
3baths
600sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$400/sqft
$-- HOA
What's special
- 4 days |
- 256 |
- 4 |
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
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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
Not available
Estimated sales range
Not available
$1,085/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | $3,674 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37617
Getting around
0 / 100
Car-DependentNearby 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Sullivan County
- Blountville
- 37617
- 2783 Island Rd






