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Sold for $500,000
  • $500,000

    620 Lovers Ln, Greeneville, TN 37743

    9beds
    7baths
    4,766sqft
    Multi Family, Manufactured Home
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $105/sqft
    $2,024 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,024/mo

    Zestimate® history
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    What's special

    Heat pumpsAdditional parkingLaminate and tile flooringCrown molding
    Excellent income-producing 7-unit Class B investment property in a peaceful country setting on approximately 1.6 acres with room for future expansion. Back property line borders Gass Creek. The property includes a 6-unit apartment building (620 Lovers Lane) built in 1979 and a separate 1994 2-bedroom single-wide mobile home (646 Lovers Lane), providing multiple income streams on one property. The apartment building consists of five 1-bedroom, 1-bath units (Units 2-6) and one spacious 2-bedroom, 1-bath unit (Unit 1). Units 2-6 feature stove, refrigerator, dishwasher, washer/dryer hookups, laminate and tile flooring, crown molding, 36'' doors, and heat pumps, with Unit 6 offering a covered porch. Unit 1 features a large private back deck and recent updates of luxury vinyl plank flooring (2025), freshly painted (2025), new tub/shower (2025). The mobile home offers 2 bedrooms and 1 bath with stove, refrigerator, space-saver microwave, washer/dryer hookups, laminate flooring, heat pump, covered back deck, and covered front porch with ramp, plus an attached carport. The property offers concrete parking (2024) with two spaces per apartment unit, additional parking, carport parking for the mobile home, and separate storage building space for tenant use. All seven units are currently leased on annual leases, providing stable income. Current rents: Unit 1 - $875/month, Units 2-6 - $750/month each, Mobile Home - $850/month. Annual Gross Income: $66,000. Each unit is separately metered for electric (tenant paid). Owner provides water, dumpster service, septic service, and yard maintenance, with the property served by 4 septic systems. Convenient location within 10 minutes from Greeneville center and 15 minutes to I-81 exits 23 & 30, within the Mosheim Elementary (K-8) and West Greene High School districts. Strong opportunity for investors seeking stable cash flow, low vacancy potential, and expansion possibilities. Property information packet available. Buyer and/or Buyer's Agent to verify all information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lucia Fillers 423-552-8278,

    Preferred Properties of East Tennessee

    Bought with:

    Non Member

    Non Member

    Source: TVRMLS,MLS#: 9992067

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 7
    Heating
    • Electric, Heat Pump
    Cooling
    • Ceiling Fan(s), Heat Pump
    Appliances
    • Included: Dishwasher, Electric Range, Refrigerator
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Tile, Luxury Vinyl, Laminate
    • Windows: Insulated Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 4,766
    • Total interior livable area: 4,766 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Concrete
    • Carport spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 1.66 Acres
    • Dimensions: 1.66 Acres
    • Topography: Level, Cleared
    Details
    • Additional structures: Storage
    • Parcel number: 085 01702 000
    • Zoning: A-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family, Manufactured Home
    Materials
    • Vinyl Siding
    • Foundation: Pillar/Post/Pier, Slab
    • Roof: Metal
    Condition
    • Average
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected, Cable Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Greeneville
    • Subdivision: Not In Subdivision

    Other

    Other facts
    • Body type: Single Wide
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/30/2026Sold$500,000-15.2%$105/sqft
    Source: TVRMLS #9992067 Report a problem
    4/6/2026Pending sale$589,900$124/sqft
    Source: TVRMLS #9992067 Report a problem
    3/19/2026Listed for sale$589,900$124/sqft
    Source: TVRMLS #9992067 Report a problem
    3/16/2026Pending sale$589,900$124/sqft
    Source: TVRMLS #9992067 Report a problem
    3/8/2026Listed for sale$589,900+268.7%$124/sqft
    Source: TVRMLS #9992067 Report a problem
    11/18/2013Sold$160,000$34/sqft
    Source: Public Record Report a problem
    7/1/2013Sold$160,000-33.3%$34/sqft
    Source: Public Record Report a problem
    11/15/2006Sold$240,000+220%$50/sqft
    Source: Public Record Report a problem
    8/29/2002Sold$75,000$16/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,688 $162,920
    2024$2,688 $162,920
    2023$2,688 -25.9%$162,920 -9.5%
    2022$3,626 $180,000
    2021$3,626 $180,000
    2020$3,626 $180,000
    2019$3,626 $180,000
    2018$3,626 +0%$180,000 +258%
    2017$3,626 +265.5%$50,280
    2016$992 +5.3%$50,280
    2015$942 +9.9%$50,280 +9.9%
    2014$857 +1.4%$45,760
    2013$845 $45,760 -7.4%
    2012$845 +13.5%$49,440
    2010$745 $49,440
    2009$745 $49,440
    2008$745 $49,440
    2007-- $49,440 +19.2%
    2006$808 $41,461
    2005$808 $41,461
    2004$808 -2.1%$41,461 -2.1%
    2002$826 $42,359 +3.1%
    2001-- $41,100 -60%
    2000-- $102,749

    Find assessor info on the county website

    Neighborhood: 37743

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mosheim
    • High: West Greene

    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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