2783 Island Rd, Blountville, TN, 37617
About This Home
Investment Opportunity in the Heart of Blountville! Centrally located in Blountville, this versatile mixed-use property offers multiple income streams and excellent potential for investors. The property features three residential rental units, each offering 2 bedrooms and 1 full bathroom. Two units are equipped with efficient heat pumps, while the third utilizes baseboard heat and window units. Two of the residential units share a common laundry area, while the third enjoys its own private laundry space. Adding to the property's value is a retail/office lease space fronting Highway 394, providing excellent visibility and accessibility. The commercial space includes a restroom and is ideal for a variety of business uses. With a desirable central location, established rental potential, and both residential and commercial income opportunities, this property presents a rare chance to expand your investment portfolio in the growing Blountville market. Don't miss this unique multi-unit, mixed-use property with strong income-producing potential.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Average
- Year built: 1948
Materials
- Roof: Composition
- Construction materials: Block,Frame,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
Features
- See Remarks
- Flooring: Carpet
Heating & Cooling
- Heating features: Baseboard,Heat Pump
- Cooling features: Heat Pump,Window Unit(s)
Interior Area
- Total structure area: 600
- Total interior livable area: 600 sqft
Property
Details
- Parcel number: 034 12200 000
- Zoning: B 1
Features
- Levels: Two
- Stories: 2
- Topography of land: Rolling Slope
Lot
- Lot size: 0.51 Acres
- Lot size dimensions: See ta x records
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
- Landslide
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,213 | $14,556 |
| Home Insurance | $101 | $1,212 |
| Property Taxes | $315 | $3,780 |
| Electricity | $175 | $2,103 |
| Total | $1,804 | $21,648 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Pending sale | $240,000 |
| 2026-06-22 | Listed for sale | $240,000 |
| 2020-09-22 | Sold | $74,500 |
| 1996-01-24 | Sold | $59,000 |
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