Market Cap Rate is 9.92. Occupancy of this property is currently 100pct..These apartments are located in an upscale residential area near Foothills Mall in Maryville and adjacent to the Green Meadows Golf Course. They present as a small community of both ranch style garden apts and two story townhomes. The property is well maintained and always has a waiting list. Rents are under market. Parking appears adequate. The owner provides free water/waste water and garbage pick up.
Multi-familyProperty Type
1971Year Built
1.24 acresLot Size
$559Price/Sq.Ft.
Listed by Gloria Gregory• Gloria Gregory Realty
•865-297-3290 (agent)
•gloriagregory@ccim.net (agent)
•865-297-3290 (broker)
Bought with Kevin Ross• Delozier Realty & Auction
•865-681-7797 (broker)
•jerry.delozier@yahoo.com (broker)
Source:Knoxville MLS #826941
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Market Cap Rate is 9.92. Occupancy of this property is currently 100pct..These apartments are located in an upscale residential area near Foothills Mall in Maryville and adjacent to the Green Meadows Golf Course. They present as a small community of both ranch style garden apts and two story townhomes. The property is well maintained and always has a waiting list. Rents are under market. Parking appears adequate. The owner provides free water/waste water and garbage pick up.
Public Records
Mar 31, 2003
Sold
$695,152
$196/sq ft
Public Records
Jan 8, 1999
Sold
$647,000
$183/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$29,142
2024
$29,142
2023
$29,142 (+58.9%)
2022
$18,344
2021
$18,344 (+91.9%)
2020
$9,559 (−47.9%)
2019
$18,344 (+13.6%)
2018
$16,149
2017
$16,149
Tax history for 1636 Louisville Rd
Year
Property tax
Land + Additions
Assessment*
2025
$29,142
2024
$29,142
2023
$29,142 (+58.9%)
2022
$18,344
2021
$18,344 (+91.9%)
2020
$9,559 (−47.9%)
2019
$18,344 (+13.6%)
2018
$16,149
2017
$16,149
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of Bathroom Fixtures: 12
Heating & Cooling
Air Conditioning Type: Split System
Heating Fuel Type: Gas Public/Piped
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Continuous Footing
Building Construction Quality: Average
Exterior Wall: Brick/Wood
Roof Shape Type: Gable/Hip
Building Type: Apartment
Property Information
Subdivision Name: R C EGGERS PROP
Living Sq. Ft: 3,538
Ground Floor Sq. Ft: 3,538
Building Sq. Ft: 3,538
# of Stories: 1
Legal Description: R C EGGERS PROP PB 8 PG 89 LOT 1 2 220 X 259.49 IRR
Lot Information
# of Buildings: 5
Land Sq. Ft: 54,014
Legal Lot Number: 1
Acres: 1.24
Depth Footage: 246
Front Footage: 221
Zoning Code: B
State Use Description: COMMERCIAL
Utility Information
Electricity / Wiring Type: Available
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,538
Stories: 1.0
Lot Size: 1.24 acres
Style: Multi-Family (5+ Unit)
Year Built: 1971
Year Renovated: 2003
County: Blount County
APN: 046B F 00300 000
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Alcoa Intermediate School
Public 3-5 • Assigned • 1.4mi
7/10
Alcoa Middle School
Public 6-8 • Assigned • 1.4mi
8/10
Alcoa High School
Public 9-12 • Assigned • 1.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 20 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Alcoa, TN • 37701
Average low and high temperatures (°F)
45
28
55
35
69
45
77
54
77
60
86
68
91
73
85
68
82
63
74
52
64
44
53
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 3.9 hours in December, which is comparable to the
U.S. average for solar exposure.