311 Silver PL, Knoxville, TN 37917
311 Silver PL, Knoxville, TN 37917
311 Silver PL, Knoxville, TN 37917
311 Silver PL, Knoxville, TN 37917
311 Silver PL, Knoxville, TN 37917
311 Silver PL, Knoxville, TN 37917
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$ 999,950
Est. payment | /mo

5,626 SqFt


$ 999,950
Est. payment | /mo

5,626 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,626 sqft

Price per Sqft $177

Subdivision Knox County - 1

MLS Listing ID 1319536

Year Built 1899

Annual Tax Amount $8,759

Source East Tennessee REALTORS® MLS

Property Description

Well-located 7-unit multifamily opportunity in North Knoxville, recently taken over following foreclosure and management transition. Current ownership has completed roster cleanup, implemented a revised rent structure that includes a built-in water/sewer offset, and is actively refilling vacant units.

All units are operated as long-term rentals; no short-term rental income is assumed or required. This asset is best suited for a hands-on owner-operator seeking to complete lease-up and maximize cash flow through self-management and operational efficiency.

Utilities are individually metered where applicable, with owner covering common utilities and water/sewer. Income and expense figures reflect projected stabilized operations based on market-supported rents. Buyer to verify all information and perform independent due diligence.

Located just minutes from Downtown Knoxville, UT, major employers, and local entertainment districts.

Property built before 1978 may contain lead-based paint.

Zoned RN-4

Location

State TN

County Knox County - 1

Area Knox County - 1

Direction FROM Broadway SW (US-441): Go for 1.1 mi. Turn left onto Caswell Ave NE. Go for 328 ft. Turn slightly left onto Irwin St. Go for 98 ft. Turn right onto Cullen Pl. Go for 200 ft.

Interior

Heating Central, Electric

Cooling Central Cooling, Ceiling Fan(s)

Flooring Hardwood, Vinyl

Exterior

Parking Features Off-Street Parking

Roof Type Metal

Others

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional

Virtual Tour https://www.homes.com/property/311-silver-place-knoxville-tn/x0fzspkk2f04k/?dk=tte5cxp1rjx21

Listed by Pace Probity Asset Management

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Shawn Wilmoth, CCIM
Shawn Wilmoth, CCIM

Agent | License ID: 354366

+1(865) 205-9353

308 N PETERS RD. STE 225, KNOXVILLE, TN 37922, United States

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311 Silver PL