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1549 Wales Ave

Maryville, TN 37804

– beds
– baths
– sqft
1963 build
– on site

More homes

Wales Apartments includes three buildings that total 40 units. There are 19 2 BD / 1.5 BA units, 20 1 BD / 1 BA units, and 1 studio. Significant capex has been completed including 16 units renovated. A buyer can continue renovations and continue increasing rents. Vacancies are due to recent renovations of units. Landlord pays water/sewer and tenants pay electric. There are laundry facilities on site. Seller is currently fixing decking and wrapping up unit renovations, all work is expected to be completed by closing. This property is centrally located in booming Maryville, TN just minutes from Maryville College, Maryville High School, Everett Park, and downtown Maryville. Wales Apartments is part of a 9 property, 116 unit portfolio . All properties can be bought together or separately.

Listing courtesy of KAARMLS / SVN I Wood Properties

Last checked: Checking… • Last updated Jun 25, 2024 •

MLS# 1233376 —

The Building

Year Built:

1963
New Construction:

No
Construction Materials:

Brick, Other
Architectural Style:

None
Direction Faces:

None
Roof:

None
Stories:

None
Stories Total:

None
Basement:

None
Patio & Porch Features:

None
Security Features:

None
Accessibility Features:

None

Interior

Rooms Total:

None
Flooring:

Laminate, Other
Fireplace:

No
Fireplaces Total:

None
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Location

Directions:

SW on 33 to LT onto S 4th to RT onto Wales Ave

The Property

Parcel Number:

047J A 018.00
Property Type:

Multi-Family
Property Subtype:

None
Lot Features:

None
Lot Size Source:

None
Zoning:

None
Zoning Description:

None
Current Use:

None
Possible Use:

None
Topography:

None
View:

None
Fencing:

None
Waterfront:

No
Water Body Name:

None
Frontage Type:

None
Road Frontage Type:

None
Property Attached:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

None

Beds

Bedrooms Total:

None

Baths

Full Baths:

None
Three Quarter Baths:

None
Half Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Heating & Cooling

Heating:

Other
Heating:

true
Cooling:

No

Utilities

Utilities:

None
Electric:

None
Sewer:

None
Water Source:

None

Schools

Elementary School District:

None
Middle Or Jr High School District:

None

The Community

Subdivision Name:

Scenic Terrace
Senior Community:

No
Community Features:

None
Pool Private:

No
Pool Features:

None
Spa Features:

None
Association:

No
Association Fee:

None
Association Fee Includes:

None
Association Fee Frequency:

None

Parking

Attached Garage:

false
Carport Spaces:

None
Parking Features:

On Premise Parking, Off-Street Parking

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/16/23 Oct 16, 2023	Sold	KAARMLS	$4,250,000

Multifamily Sold on 10/16/2023

$4,250,000

Listing provided by broker:

Kevin Tipton

SVN I Wood Properties

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Listing Courtesy of: KAARMLS and SVN I Wood Properties.

The information is being provided by Multiple Listing Service of the Knoxville Area Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 2024 Multiple Listing Service of the Knoxville Area Association of REALTORS. All Rights Reserved.

1549 Wales Ave

Maryville, TN 37804