Janice Greene
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814 Midway Rd, Strawberry Plains, TN 37871

$750,000
  • 814 Midway Rd, Strawberry Plains, TN 37871 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET4,280 MLS#1343794
STATUSActive PROPERTY TYPEMulti Unit - Multiple NEIGHBORHOODKnox County - 1

Property Description

Exceptional Income-Producing Property on 1.7 Unrestricted Acres - 5 Rental Units Total!Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential.The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately 900 square feet of living space. Three units feature 2 bedrooms and 1 bathroom, while the fourth unit offers 1 bedroom and 1 bathroom. All units have been tastefully renovated and include private porches for tenants to enjoy. Additional amenities include an on-site coin-operated laundry facility, an 8x12 storage shed, and a durable metal roof that is only five years old.Adding even more value, the property includes a separate 680-square-foot single-family residence featuring 2 bedrooms, 1 bathroom, a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is also located next to the home.Tenants and owners alike will appreciate the property's unique custom-built pickleball court, providing a highly desirable recreational amenity rarely found in investment properties.Conveniently located just 20 minutes from Knoxville, 15 minutes from Sevierville, 30 minutes from Gatlinburg, and only minutes from shopping, dining, entertainment, and interstate access, this property combines strong rental demand with exceptional location benefits.Whether you're looking to expand your investment portfolio or secure a high-performing income property, this one-of-a-kind opportunity delivers multiple income streams, recent updates, and unlimited potential with no restrictions.

814 Midway Rd | MLS# 1343794

This multi-family property located at 814 Midway Rd, Strawberry Plains, TN 37871 is currently listed for sale with an asking price of $750,000. Search Knox County - 1 real estate on janicegreene.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Fuel Type: Electric
Garage: 3
Heating: Central, Electric
Lot Size: 1.70 Acres
Year Built: 1967

Amenities

Walk-In Closet(s)
Pantry
Balcony

Feature Descriptions

Appliances: Range, Refrigerator
Days on Site: 1
Exterior: Steel, Stone, Vinyl Siding, Brick
Flooring: Laminate
Parcel #: 074 10201
Parking: Individual Carports, On Premise Parking, Carport, Detached
Security Features: Smoke Detector
SQFT Total: 4280
Units: 5
Utilities: Cable Available (TV Only)

Local Schools

High School: Carter
Middle School: Carter
Elementary School: Carter

Listed By / Shown By

Listed By

Agency Name: Wallace Jennifer Scates Group

Shown By

Agent Name: Janice Greene
Agent Phone: (865) 231-0475
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: East Tennessee REALTORS

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Estimated Payment

$ 1,887.92 per month $1,669.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $218.75 Homeowner's Insurance

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