BJ Can Help You Purchase This Unit

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

838 N 4th Ave, Knoxville, 37917

Priced At: $2,200,000

Property Details for ID: 1293750



SqFt: 11,312
Price SqFt: $194
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Pending - Continue to Show - Inspection
Property Type: MultiFamily
On Market Date: 2025-03-18T16:14:55Z
Subdivision: W A Branner Addn Pt 87 & 86

Public Remarks: Investment Opportunity: Fully Leased & Recently Remodeled 21-Unit Apt Complex Just 0.7 Miles To Knoxville's Smokies Baseball Stadium - Opening April 15th 2025 Please see Property Financials located under the documents tab for current rent roll and expenses. 4th & Gill is Ideally located to attract students and young professionals with microbreweries, restaurants and greenway access in the adjacent hot Broadway/North Central corridor. Less than 1 mile walking distance to the new Smokies Stadium, these apartments also offer convenience to Hall of Fame Drive and Interstate 40. Fully rented, this excellent investment opportunity has recent upgrades including newer roofs, gutters and windows, fresh HVAC systems and all new kitchen cabinetry and appliances. Additionally there is an onsite laundry facility for tenant use. Sq footage is from sources deemed reliable but not guaranteed & should be verified by buyer. All showings by appt with list agent.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1915
SqFt (Total): 11,312
Sub-Type: Apartment
Sale Includes: Building and Land
Unit Type(s): Efficiency Unit, 1 Bedroom Unit, 2 Bedroom Unit

  Exterior Features

Features: Windows - Vinyl
Construction: Frame
Siding: Other

  Appliances

Microwave, Range, Refrigerator

  Room Dimensions

  Interior Features

Floors: Hardwood, Laminate
Other Rooms: Other
Misc Features: None

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, New Loan
Gross Annual Income: 236,866
Annual Operating Expenses: 87,103
Net Operating Income: 140,363

  HOA Information

Heating & Cooling

Cooling Type(s): Wall Cooling
Heat Type(s): Other

Garage / Parking

On Premise Parking

  Community Features

Outbuildings


Presented By: / Goldman Partners Realty, LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Take I-40 East to Hall of Fame Drive. Turn right on Hall of Fame towards downtown. Make the first right on to N 4th. Property is immediately on the left.



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

Listing Id: (Click to View)
List Price:
Full Baths:
Half Baths:
Total Beds:
Total SqFt:
Address:
Public Remarks:


Mortgage Calculator

Loan Amount (80% of list price)

$

Term (in years)?

What will be the interest rate?

%


Instructions: Enter numbers and decimal points. No commas or other characters.


This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment.  The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment.  I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.

Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Quick Sale

Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.

Skilled Negotiator

I have taken advanced course work and have acquired valuable negotiation skills to provide you with the best outcome.

Knowledge Beyond Sales

From across town to across the country I have the expertise and knowledge to help with any real estate issue.

Trained Advocate

Need educated advice and a strong advocate, I will provide advice based on years of experience and advanced education.