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
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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.
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Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Taxing Authority: |
Knoxville |
| Tax ID/APN: |
048MJ04004 |
| Zoning: |
RESIDENTAL |
| 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 |
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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