Loudon TN Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,216
Status:
NEW LISTING
Beds:
n/a
Year built:
1935
Baths:
MLS#:
1281721
Subdivision:
Sams Add

ADDITIONAL INFORMATION

208 Collins St. is a unique property that offers two homes on one parcel in the heart of Loudon. The primary residence is a newly renovated 2 bed, 1 bath house with modern finishes and low-maintenance appeal, perfect for a homeowner or investor. The additional 1 bed, 1 bath home is currently occupied, adding immediate rental income potential. If you're seeking a versatile investment opportunity with a residence with immediate rental income, this property is a prime choice in a growing market.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1975
Baths:
MLS#:
1279903

ADDITIONAL INFORMATION

900 Mulberry St in Loudon presents a prime investment opportunity. The property includes three, fully occupied, street-facing retail spaces with excellent visibility, consisting of a tint shop, massage and bodywork business, and a tattoo parlor. Above the retail spaces, there's a spacious 2 bed/1 bath apartment, also occupied, offering additional rental income potential or owner-occupied living. In the rear, a flexible space is available, ideal for an office or additional retail. Located in a growing area with solid foot traffic and easy access to downtown, this mixed-use property has plenty of upside for investors looking for a versatile space.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Real Estate listings held by other brokerage firms are marked with the name of the listing broker. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Knoxville Area Association of Realtors. All rights reserved.



Loudon Real Estate

The median home value in Loudon, TN is $355,000. This is lower than the county median home value of $363,300. The national median home value is $338,100. The average price of homes sold in Loudon, TN is $355,000. Approximately 58.25% of Loudon homes are owned, compared to 31.87% rented, while 9.88% are vacant. Loudon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Loudon real estate agent to arrange a tour today!

Loudon, Tennessee has a population of 5,921. Loudon is more family-centric than the surrounding county with 32.38% of the households containing married families with children. The county average for households married with children is 23.03%.

The median household income in Loudon, Tennessee is $52,794. The median household income for the surrounding county is $66,151 compared to the national median of $69,021. The median age of people living in Loudon is 42.9 years.

Loudon Weather

The average high temperature in July is 88.5 degrees, with an average low temperature in January of 27.7 degrees. The average rainfall is approximately 53.2 inches per year, with 4.8 inches of snow per year.

Loudon Real Estate Market Conditions

  • Median sales price

    $355,000
    24.9% change since last quarter
  • # Active listings

    317
    30-day change

Loudon Schools and Demographics

Education near Loudon, TN

Metric City County
High School Graduates 73.49 87.33
College Degree - 2 year 7.81 7.72
College Degree - 4 year 14.2 28.23
Graduate Degree 3.08 8.12
Expenditures per Student 9,818 9,818
Students per Teacher 14.8 14.8

Elementary Schools near Loudon, TN

School Grades Students P/T Ratio ZIP
Eaton Elementary PK - 04 771 15.7 37771
Highland Park Elementary School PK - 04 383 15.4 37772
Kingston Elementary School PK - 05 681 15.1 37763
Lenoir City Elementary School PK - 03 548 12.4 37771
Loudon Elementary School PK - 05 461 14.4 37774
Midway Elementary School PK - 05 374 13.4 37763
Philadelphia Elementary School PK - 08 558 14.3 37846
Steekee Elementary School PK - 05 255 13.4 37774

Middle Schools near Loudon, TN

School Grades Students P/T Ratio ZIP
Cherokee Middle School 06 - 08 533 15.7 37763
FT Loudoun Middle School 06 - 08 356 15.5 37774
Lenoir City Middle School 04 - 08 599 18.7 37771
North Middle School 05 - 08 737 17.6 37771

High Schools near Loudon, TN

School Grades Students P/T Ratio ZIP
Lenoir City High School 09 - 12 1,250 20.2 37771
Loudon High School 09 - 12 736 15.3 37774
Midway High School 09 - 12 287 15.9 37763
Roane County High School 09 - 12 732 18.5 37763

Demographics near Loudon, TN

Metric City County
Neighborhood Type Small town
Population 5,921 54,349
Population Density 471 237
Median Age 42.9 47.9
People per Household 2.7 2.5
Median Household Income 52,794 66,151
Average Income per Capita 27,068 36,308