4.08 Acres in Rocky Hill
Multi-Family
for Sale
| Catylist Listing ID: |
30855356 |
| Number of Units: |
2 Units |
| Building Size (RSF): |
3,807 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,300,000 |
| Unit Price: |
$650,000 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/24/2023 |
Overview / Comments
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Prime location and unique timing come together to create this rare opportunity. Scenically situated in the Rocky Hill Community is 4.08 acres in the heart of West Knoxville. Property is being sold all together and includes two parcels. The home at 1100 Wallace Rd. was built in 1996 has 3 bedroom 2 baths, 1678 sqft on sewer with a loft barn and utility building. The second parcel 1108 Wallace Rd. was built in 1965 a basement ranch w/ 3 bedroom 2 bath 2129 sqft on septic and has a pole barn, both homes have front porches and back decks. This is a beautiful property with lots of potential be it a multi-generational farmstead, or a developers dream come true.
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Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Knox |
| Tax ID/APN: |
133kf032 & 133kf031 |
| Property Located Between: |
Rocky Hill & Northshore |
| Airports: |
McGhee Tyson Airport |
| Site Description: |
Country setting in the heart of Bearden in West Knoxville |
| Total Number of Buildings: |
5 |
| Property Condition: |
Good |
| Construction/Siding: |
Brick |
| Sprinklers: |
None |
| Heat Type: |
Electricity, Natural Gas |
| Heat Source: |
Heat Pump |
| Fuel: |
Gas, Electric |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal, Septic |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,280 |
61,360 |
126,218 |
| Median Age: |
39.06 |
38.26 |
37.78 |
| Households: |
3,676 |
27,145 |
54,693 |
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The information presented herein is provided as is, without warranty of any kind.
Neither East Tennessee Realtors nor
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