717 Cates St, Maryville, TN 37803
$699,900
Property Type:
Multi-Family
Status:
Active
Current Price:
$699,900
List Date:
5/30/2025
Last Modified:
6/19/2025
Description
Originally built as the neighborhood grocery store, this well-kept historic building has been a pillar of the community for decades. Today, it's ready to embrace a new chapter while preserving the character that makes it so unique.
The building's current layout is a tri-plex with two upstairs units and a spacious ground-level unit, all occupied by long-term tenants who appreciate the building's charm and convenient location. It's a turnkey investment property with immediate rental income already in place.
The current owner has also begun renovations in the back of the building to create a studio apartment that could serve as a fourth unit. This is a versatile space that could become a home for the new owner or an additional income-producing rental unit. With its distinct history and flexible layout, this property offers endless possibilities.
Beyond its investment potential, 717 Cates St is a storied landmark that invites you to become part of its history. Whether you're searching for a property with deep community roots, a home that's walkable to the best of Maryville, or a chance to restore and elevate a piece of local heritage, this is the perfect canvas.
Opportunities like this don't come along every day. This isn't just an investment; it's a chance to write your own chapter in the story of College Hill. Reach out for your own personal showing.
More Information MLS# 1302817
Location Tax Legal Info
House #: 717
Street Name: Cates
St Suffix: St
State/Province: TN
Zip Code: 37803
PIN #: 058H D 018.00
Subdivision: Howe Addn
Geo Lat: 35.74896
Geo Lon: -83.968608
Contract Info
Auction Y/N: No
Listing Price: 699900
Current Price: $699,900
Status: Active
Listing Date: 2025-05-30
General Property Description
Lot Dimensions: 55x107
Number of Units: 3
# Units Leased: 3
Utilities/Mo Avg: 100
Year Built: 1939
Property Status: N/A
Driveway: Paved lot
Lease Information: Upstairs tenants pay $1,000/month.
Downstairs tenant pays $1,500/month.
Potential for a 4th unit.
Status Change Info
Status Change Date: 2025-05-30
Property Features
Property Sub-Type: Triplex
Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units
Sale Includes: Building and Land
Floors: Carpet; Hardwood; Laminate
Tenant Expenses: Electricity; Sewer
Owner Expenses: HVAC Maintenance; Insurance; Taxes; Water
Fuel: Electric; Gas (Natural)
Heat: Central; Space Heater
Cooling: Ceiling Fan(s); Central Cooling; Window Unit(s)
Appliances: Refrigerator; Self Cleaning Oven
Construction: Block; Frame - Brick
Roof: Built-Up
Siding: Brick
Exterior Features: Balcony
Misc Features: Kitchen Island; Walk-in Shower; Washer/Dryer Connect
Other Rooms: Mstr Bdrm Main Level; Office
New Financing: Cash; Conventional
Showing: See Agent Instructns
Listing Office: LeConte Realty, LLC
Office Phone: 865-268-4180
Last Updated: June - 19 - 2025
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