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 manuf ... (Read more)

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

More Information

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

IDX

Listing Office: SVN I Wood Properties

Last Updated: February - 19 - 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.

112 Villa Court, Maryville, TN 37801 (MLS# 1317046)