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4532 E Lamar Alexander Pkwy
Walland TN 37886 US

$555,000

Active Listing ID 1356814
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3 bed
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1,320 square feet
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2.00 Bath (2 Full)
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Lot: 5.39 Acres
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Single Family Residence

$555,000

Active Listing ID 1356814
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4532 E Lamar Alexander Pkwy A UNIQUE EAST TENNESSEE OPPORTUNITY WITH INCOME, SPACE & ROOM TO GROW! Come discover the possibilities at this 5.39-acre income-producing property in beautiful Walland, TN, ideally situated near Maryville, Townsend, Little River, and the Great Smoky Mountains. Offering a unique residential communal living setup, the property features a 3BR/2BA home with basement and 7 existing rental units, currently generating approximately $6, 400/month, with potential revenue of approximately $8, 300/month. Current Cap Rate: 9.45% | Pro Forma Cap Rate: 12.7% The property also includes the current RV, covered carports, sheds, established garden areas, and plenty of open space to enjoy. Whether you're looking to continue the existing income stream, create a homesteading lifestyle, expand the current setup, or explore additional income opportunities, there's plenty of room to make this property your own. Convenient US-321 access puts you close to the area's natural beauty while still offering easy access to nearby communities. Buyer to verify all information.

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Property Features

  • Facts
  • Lot Size: 5.39 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 2
  • Cooling System: Ceiling Fan(s), Central Air
  • Exterior Finish: Windows - Vinyl
  • Floor Covering: Vinyl, Tile, Laminate, Hardwood
  • Heating Fuels: Forced Air, Electric (Heating), Propane (Heating), Central
  • Additional Features
  • Basement
  • Fireplace
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 555000
  • unparsedaddress: 4532 E Lamar Alexander Pkwy
  • postalcity: Walland
  • stateorprovince: TN
  • country: US
  • postalcode: 37886
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 5.39
  • lotsizeunits: Acres
  • lotsizearea: 5.39
  • livingarea: 1320
  • livingareaunits: Square Feet
  • latitude: 35.745836
  • longitude: -83.836081
  • listagentfullname: Katelyn Bethmann
  • listagentemail: hello@katelynbethmann.com
  • listagentkey: 3yd-KAARMLSTN-377747
  • listagentmlsid: 377747
  • listagentpreferredphone: 8655912488
  • listagentofficephone: 8658003544
  • listofficekey: 3yd-KAARMLSTN-2798
  • listofficemlsid: 2798
  • disclaimer: Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KAARMLSTN
  • yearbuilt: 1957
  • listingcontractdate: 2026-09-25
  • listagenturl: http://www.KWKnoxvilleWest.com
  • countyorparish: Blount County - 28
  • parcelnumber: 060 086.00
  • appliances: Gas Range, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
  • cooling: Ceiling Fan(s), Central Air
  • constructionmaterials: Vinyl Siding, Brick, Frame
  • flooring: Vinyl, Tile, Laminate, Hardwood
  • heating: Forced Air, Electric (Heating), Propane (Heating), Central
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street, RV
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Windows - Vinyl
  • windowfeatures: Wood Frames
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bathroom 2, Basement, Bedroom 2, Bedroom 3, Bathroom 1
  • otherstructures: Storage
  • patioandporchfeatures: Porch
  • basement: Partially Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.83608, 35.745834
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"hello@katelynbethmann.com", "ListBrokerageCity":"Knoxville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"slaing@laingteam.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/c5ababc31dbae457011dbc4cc5850164k-c1871203706r.png", "ListBrokerageName":"Keller Williams Realty", "ListBrokeragePhone":"(865) 694-5904", "ListBrokeragePostalCode":"37919", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"8550 Kingston Pike", "ListBrokerageWebsiteUrl":"http://www.KWKnoxvilleWest.com", "ListOfficeAddress1":"420 Bearden Road ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"2798", "ListOfficeCity":"Knoxville", "ListOfficeCountry":"US", "ListOfficeEmail":"kathy@kathyoakes.com", "ListOfficePostalCode":"37919", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family, Basement Ranch, Walland, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4532-E-Lamar-Alexander-Pkwy_Walland_TN_37886_M75616-78405?f=listhub&s=KAARMLSTN&m=1356814&c=rexren", "MLSModificationTimestamp":"2026-09-25 19:06:51", "Neighborhoods":[{"Description":null, "Name":"Skinner"}], "PostalCode":null, "RoomCount":8, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":684, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/25/2026 7:19:28 PM GMT
Source Updated Date: 9/26/2026 12:48:20 PM GMT

Courtesy of: Katelyn Bethmann, Greater Impact Realty, hello@katelynbethmann.com

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.