112 Villa Court, Maryville, TN 37801
$1,625,000
Property Type:
Multi-Family
Status:
Closed
Current Price:
$1,625,000
List Date:
10/13/2025
Last Modified:
2/19/2026
Overview
Description
SVN | Wood Properties is proud to present Villa Court Apartments, an 18-unit apartment community located in Maryville, TN. Situated in a desirable residential area, the property offers well-maintained, comfortable living spaces with convenient access to local amenities, employment centers, and the scenic beauty of the Smoky Mountains.
Sixteen of the eighteen units feature well-maintained but legacy finishes, offering investors stable cash flow today with clear potential for value-add upgrades. Current rents trail market by approximately $200 per unit, providing immediate upside through interior improvements and management efficiencies. This C-class property, located in a B-class area, is primed for continued rent growth and long-term appreciation.
Maryville, Tennessee, offers a stable residential market supported by a strong and diverse employment base. The city benefits from its proximity to Knoxville while maintaining its own economic drivers, including major employers in manufacturing, healthcare, and education. This combination of steady job growth and accessible housing options contributes to consistent demand across the local housing market.
Listing Details MLS# 1317046
Location Tax Legal Info
- Street Name
- 112 Villa Court
- State/Province
- TN
- Zip Code
- 37801
- PIN #
- 046J A 016.17
Contract Info
- Auction Y/N
- No
- Listing Price
- 1900000
General Property Description
- Lot Dimensions
- 120 × 180
- Number of Units
- 18
- Utilities/Mo Avg
- 14400
- Year Built
- 1989
- Property Status
- N/A
- Driveway
- Concrete
Status Change Info
- Status Change Date
- 2026-02-16
- Under Contract Date
- 2025-12-05
- Sold Date
- 2026-02-06
Location, Tax & Legal Info
- Area
- Blount County – 28
- City/County Code
- County
- Total Tax
- 4506.06
Remarks & Misc
- Directions
- Follow US-129 S to Alcoa. Take the exit toward Middlesettlements Road/Bessemer St from US-129 S.
- Public Remarks
- SVN | Wood Properties is proud to present Villa Court Apartments, an 18-unit apartment community located in Maryville, TN. Situated in a desirable residential area, the property offers well-maintained, comfortable living spaces with convenient access to local amenities, employment centers, and the scenic beauty of the Smoky Mountains. Sixteen of the eighteen units feature well-maintained but legacy finishes, offering investors stable cash flow today with clear potential for value-add upgrades. Current rents trail market by approximately $200 per unit, providing immediate upside through interior improvements and management efficiencies. This C-class property, located in a B-class area, is primed for continued rent growth and long-term appreciation. Maryville, Tennessee, offers a stable residential market supported by a strong and diverse employment base. The city benefits from its proximity to Knoxville while maintaining its own economic drivers, including major employers in manufacturing, healthcare, and education. This combination of steady job growth and accessible housing options contributes to consistent demand across the local housing market.
More Information
Property Sub-Type
- Apartment
- Yes
Construction
- Other
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
- 2 Bedroom Unit
- Yes
- 3 or more Bdrm Units
- Yes
Sale Includes
- Building and Land
- Yes
Cooling
- Other
- Yes
Floors
- Vinyl
- Yes
Garage/Parking
- On Premise Parking
- Yes
Fuel
- Other Fuel
- Yes
Heat
- Other
- Yes
Other Rooms
- Other
- Yes
Roof
- Metal
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- New Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Apartment
Type of Units:
1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units
Sale Includes:
Building and Land
Floors:
Vinyl
Fuel:
Other Fuel
Heat:
Other
Cooling:
Other
Construction:
Other
Roof:
Metal
Other Rooms:
Other
New Financing:
Cash; Conventional; New Loan
Showing:
See Agent Instructns
Listing Office:
SVN I Wood Properties
IDX
Office Phone: 865-936-9999
Last Updated: February – 19 – 2026
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