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206 Ferry St, Loudon, TN, 37774

3beds
2baths
1,610sqft
$325,000
$202price/sqft
$2,006/moest. monthly cost
$80,240/yrincome needed

About This Home

Introducing a prime investment opportunity in Loudon, TN! This 1,610 SF multifamily property presents an ideal prospect for high-rise investors. Boasting two spacious units, this building offers lucrative potential in a desirable location. With a focus on modern amenities and flexible floor plans, this property is an attractive choice for those seeking to bolster their real estate portfolio. Take advantage of this rare chance to invest in a thriving market and secure a sound return on investment. Don't miss out on the chance to own this promising asset in the sought-after Loudon area.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
Loudon Elementary SchoolGrades PK-51.4 mi
5/10
Ft Loudoun Middle SchoolGrades 6-81.5 mi
6/10
Loudon High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1965

Materials

  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Flooring: Laminate,Vinyl,Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,610
  • Total interior livable area: 1,610 sqft

Property

Details

  • Parcel number: 041B C 015.00

Lot

  • Lot size: 6,325 sqft
  • Lot size dimensions: 55 x 115 M IRR

Parking

  • Parking features: On Premise Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather
Drought
Earthquake
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance $96$1,152
Property Taxes $92$1,104
Electricity $175$2,103
Total$2,006$24,072

Income You'd Need if You Spent...

35% on housing$68,777/yr
40% on housing$60,180/yr
45% on housing$53,493/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -3.1%
-3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$202This listing

vs Other Active Listings

Avg $/sqft

ZIP 37774$216
Loudon County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 37774$254
Loudon County$227

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Listed for rent$1,500
2026-07-22Listed for sale$325,000
2024-12-27Listing removed$1,500
2024-12-26Price change$1,600
2024-12-22Listed for rent$1,650
2024-12-06Listing removed$1,650
2024-11-28Price change$1,650
2024-11-20Price change$1,675
2024-11-08Price change$1,775
2024-10-30Listed for rent$1,850
2023-09-21Listing removed--
2023-09-14Sold$205,000
2023-09-14Listed for rent$1,650
2023-08-06Pending sale$200,000
2023-08-05Listed for sale$200,000
2022-06-03Sold$63,000
1994-02-11Sold$25,000

For Sale by Agent

AgentFord Collier
BrokerageSVN I Wood Properties

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