$645,000

7003 Old Clinton Pike, Knoxville, TN 37921

  • 2,600 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1981
  • Property Lot Size Icon0.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $248/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

****4-PLEX Residential Property for sale!**** Located in beautiful Knoxville, Tennessee. Four separate units, all 1 Bedroom 1 Bath units having 650 SF of living space per unit. Each unit has separate entries and designated parking. Units have appliances including Refrigerator, Oven/cooktop, and washer/dryer hookups. Two of the units have been extensively renovated including granite counter tops, new appliances, flooring and paint. The other two units have some recent updates including flooring and fresh paint. Heating and Air units and Windows are newer and there is a common yard for residents to share. Tenants are responsible for all utilities and trash disposal. Annual income at this time is $46,800 annually with approximately $6000.00 in operating expenses with a net annual cashflow income of $40,000 per year. Located within blocks of Shopping, Dining, Banking, and Healthcare. Also located nearby are schools, interstate I-75 in addition to numerous Parks and Recreation. If you are looking for income generating potential, low maintenance, and property appreciation; this is a great investment opportunity! Must have proof of funds or pre-approval from lender within the last 15 days to view.

Listing Status:
Active
Date Added:
April 30, 2025 at 05:00AM
Listing Office:
Realty Executives Associates : 865-693-3232
MLS ID:
1299265
  • Appliances: DryerMicrowaveRangeRefrigeratorSelf Cleaning OvenWasher
  • Flooring: LaminateCarpetTile
  • A/C: Central Cooling
  • Heating: Heat PumpCentralElectric

This listing courtesy of Realty Executives Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Powell Elementary School

1711 Spring St, Powell, TN, 37849

Grades KG-5

1.40 miles away

P

Powell Middle School

3329 W Emory Rd, Powell, TN, 37849

Grades 6-8

1.05 miles away

P

Powell High School

2136 W Emory Rd, Powell, TN, 37849

Grades 9-12

1.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.