206 Ferry St, Loudon, TN 37774 (MLS# 1360844)

206 Ferry St, Loudon, TN 37774

$289,000
Property Type: Multi-Family Status: Active
Current Price: $289,000 List Date: 11/02/2026 Last Modified: 11/03/2026

Overview

Description

Investor Opportunity! Don't miss this multi-family property offering excellent income potential! The main home features 2 bedrooms and 1 bathroom and is currently tenant-occupied with a one-year lease in place, providing immediate rental income. The second unit offers 1 bedroom and 1 bathroom and is currently vacant, giving the new owner the opportunity to secure an additional tenant or explore other possibilities. Both units feature their own dedicated laundry rooms for added convenience. Whether you're looking to expand your investment portfolio or get started in real estate investing, this property offers a great opportunity with one unit already generating income and another ready for its next occupant!

Listing Details MLS# 1360844

Location Tax Legal Info

House #
206
Street Name
Ferry
St Suffix
St
State/Province
TN
Zip Code
37774
PIN #
041B C 01500 000
Subdivision
Town Of Loudon

Contract Info

Auction Y/N
No
Listing Price
289000

General Property Description

Lot Dimensions
55 X 115 M IRR
Number of Units
2
Utilities/Mo Avg
200
Year Built
1965
Property Status
N/A
Driveway
yes

Status Change Info

Status Change Date
2026-11-02

More Information

Property Features

Property Sub-Type: Apartment; House Converted Type of Units: Unfurnished; Other Sale Includes: No Furnishings Floors: Carpet; Laminate; Luxury Vinyl Plank; Tile; Vinyl Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Microwave; Range; Refrigerator; Smoke Detector Construction: Block; Frame Roof: Shingle Siding: Vinyl Exterior Features: Deck Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level New Financing: Cash; Conventional Showing: See Agent Instructns
IDX
Listing Office: The Price Agency, Realty Executives
Last Updated: November - 03 - 2026
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. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

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