308 Knox Rd Knoxville, TN 37918
4,584 SqFt
UPDATED:
02/27/2025 11:25 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,584 sqft
Price per Sqft $87
MLS Listing ID 1291013
Originating Board East Tennessee REALTORS® MLS
Year Built 1940
Lot Size 0.480 Acres
Acres 0.48
Lot Dimensions 60 X 222M X IRR
Property Description
Located in the heart of Fountain City, this vacant 6-unit building offers a unique opportunity for investors seeking a property with strong upside potential. Situated in a highly sought-after area, this building consists of 4 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units. While the property does require substantial work (please see videos of all interiors), it is a value add play. If you're looking to renovate and flip, to create long-term rental income, the prime location and desirable unit mix offer the perfect foundation to unlock its full potential. This property is within walking distance to Kroger, coffee shops, two different parks and many fast food chains. . Seller to close at Tennessee Valley Title Kimberly D Carmosino and requests Buyer do same
Location
State TN
County Knox County - 1
Area 20691.0
Rooms
Other Rooms Other
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Flooring Laminate, Hardwood, Vinyl
Heat Source Baseboard, Electric
Exterior
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Shingle, Built-Up
Garage No
Building
Faces Starting From I-640 Toward Asheville Take Exit 3. In 2.2 Miles Take Exit 6 Onto Old Broadway Toward Broadway, US 441 And Then In 0.3 Miles Turn Left Onto N Broadway. Head 1.1 Miles Down The Road And Turn Left Onto Knox Rd, in 0.2 Miles The Destination Will Be On Your Left.
Structure Type Vinyl Siding,Frame,Other
Others
Tax ID 058KF010
Energy Description Electric
Acceptable Financing Other, Cash
Listing Terms Other, Cash