Two Rental Homes North Knoxville

Multi-Family for Sale
Catylist Listing ID: 30859259
Number of Units: 2 Units
Building Size (RSF): 2,031 SF
Gross Building Area: See Agent
Sale Price: $434,900
Unit Price: $217,450 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2023

Overview / Comments

Small Rental portfolio for sale. Hard to find 2 Rental Homes in North Knoxville. 907 Chickamauga is a 2/1 built in 1930 with Charm and character you will not find today. Currently leased for $750 per month to a long term tenant on a month to month basis. 5620 Karen is a 3/1 with a 1 car garage built in 1976. Home is leased at $900 per month on a month to month basis. Market rents are much higher for both but seller is retiring after having owned both for many years. This is a perfect opportunity to purchase and continue to rent or flip. PLease do not disturb tenants.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knoxville
Tax ID/APN: 048MJ04004
Percent Occupied: 100%
Airports: KTYS
Area Description: Broadway only a short distance away with great shopping and restaurants. Only 10 minutes to downtown Knoxville with plenty of entertainment options.
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 1
Sprinklers: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,598 53,739 131,760
Median Age: 38.93 39.17 38.12
Households: 5,100 23,637 55,776


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