Views - Primary on Main
Address
4532 E Lamar Alexander Pkwy, Walland, TN
Price
$ 555,000
Property Attributes
- MLS#1356814
- TypeSingle Family
- Listing Status Active
- CountyBlount
- CityWalland
- AreaBlount County
- NeighborhoodSkinner
- Zip37886
- StyleTraditional
- Year Built1957
- Taxes$ 683
- Price$ 555,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1320
- Lot Size5.39 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description
A UNIQUE EAST TENNESSEE OPPORTUNITY WITH INCOME, SPACE & ROOM TO GROW! Come discover the possibilities at this 5.39-acre income-producing property in beautiful Walland, TN, ideally situated near Maryville, Townsend, Little River, and the Great Smoky Mountains. Offering a unique residential communal living setup, the property features a 3BR/2BA home with basement and 7 existing rental units, currently generating approximately $6,400/month, with potential revenue of approximately $8,300/month. Current Cap Rate: 9.45% | Pro Forma Cap Rate: 12.7% The property also includes the current RV, covered carports, sheds, established garden areas, and plenty of open space to enjoy. Whether you're looking to continue the existing income stream, create a homesteading lifestyle, expand the current setup, or explore additional income opportunities, there's plenty of room to make this property your own. Convenient US-321 access puts you close to the area's natural beauty while still offering easy access to nearby communities. Buyer to verify all information.
| Price History | |
|---|---|
| 9/25/2026 | Listed $555,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central,Forced Air,Propane,Electric |
| Cooling | Central Cooling,Ceiling Fan(s) |
| Appliances | Gas Range,Dishwasher,Microwave,Refrigerator,Self Cleaning Oven |
| Architectural Style | Traditional |
| Construction Materials | Vinyl Siding,Brick,Frame |
| Year Built | 1957 |
| View | Mountain View |
| Property Subtype | Single Family Residence |
| County | Blount County - 28 |
| Property Type | Single Family |
| Association Amenities | Recreation Facilities |
| HOA | true |
| Attached Garage | true |
| Subdivision Name | Skinner |
| Other Structures | Storage |
| Total Rooms | 8 |
| Full Baths | 2 |
| Status | Active |
| Directions | From Maryville, travel south on US-321/E Lamar Alexander Parkway toward Townsend. Continue through Walland approximately 10 miles. Property is located at 4532 E Lamar Alexander Parkway on the right. |
| City | Walland |
| MLS Area | Blount County - 28 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 234788.4 |
| Property Attached Y/N | false |
| MLS Area Minor | Blount County - 28 |
| Structure Type | Basement Ranch |
| Standard Status | Active |
| New Financing Cash | true |
| New Financing VA Loan | true |
| New Financing Coventional | true |
| New Financing Exchange | true |
Interior Features
| Basement | Walkout,Partially Finished |
|---|---|
| Flooring | Laminate,Hardwood,Vinyl,Tile |
| Total Fireplaces | 1 |
| Fireplace Features | Stone,Gas Log |
| Basement (Y/N) | true |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Windows - Wood |
| Fireplace Y/N | true |
| Total Bedrooms | 3 |
| Total Baths | 2 |
| Other_sp_Rooms_co_Great_sp_Room | true |
Exterior Features
| Exterior Amenities | Windows - Vinyl |
|---|---|
| Parking Features | Off-Street Parking,Attached,Detached,RV Parking,Main Level |
| Lot Features | Private,Wooded,Irregular Lot,Rolling Slope |
| Water Source | Public,Well |
| Lot Size Area | 5.39 |
| Building Area Total | 1320 |
| Lot Size Acres | 5.39 |
| Lot Size Source | Survey |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 37886
Price
Taxes
Year Built
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026 All rights reserved. This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information was updated September 26, 2026 1:04 AM UTC Some properties may subsequently have sold
