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Daniel Parker - Listings

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!

7003 Old Clinton Pike, Knoxville, 37921

Priced At: $645,000

Property Details for ID: 1299265



SqFt: 2,600
Price SqFt: $248
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-04-30T15:57:40Z

Public Remarks: ****4-PLEX Residential Property for sale!**** Located in beautiful Knoxville, Tennessee. Four separate units, all 1 Bedroom 1 Bath units having 650 SF of living space per unit. Each unit has separate entries and designated parking. Units have appliances including Refrigerator, Oven/cooktop, and washer/dryer hookups. Two of the units have been extensively renovated including granite counter tops, new appliances, flooring and paint. The other two units have some recent updates including flooring and fresh paint. Heating and Air units and Windows are newer and there is a common yard for residents to share. Tenants are responsible for all utilities and trash disposal. Annual income at this time is $46,800 annually with approximately $6000.00 in operating expenses with a net annual cashflow income of $40,000 per year. Located within blocks of Shopping, Dining, Banking, and Healthcare. Also located nearby are schools, interstate I-75 in addition to numerous Parks and Recreation. If you are looking for income generating potential, low maintenance, and property appreciation; this is a great investment opportunity! Must have proof of funds or pre-approval from lender within the last 15 days to view.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1981
SqFt (Total): 2,600
Sub-Type: Four Plex
Sale Includes: Building and Land, No Furnishings
Unit Type(s): 1 Bedroom Unit

  Exterior Features

Features: Cable Available (TV Only), Window - Energy Star, Windows - Insulated, Windows - Vinyl
Construction: Block, Frame, Other
Siding: Cedar

  Appliances

Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate, Tile
Other Rooms: Bedroom Main Level, Mstr Bdrm Main Level
Misc Features: Internet Available, WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, New Loan
Gross Annual Income: 46,800
Annual Operating Expenses: 6,115
Net Operating Income: 40,000

  HOA Information

Restrictions: Yes

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central, Heat Pump

Garage / Parking

On Premise Parking

  Community Features

Outbuildings

Presented By: / Realty Executives Associates

Up Coming Open Houses

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

Directions

CLINTON HWY TO 7003 OLD CLINTON PIKE



Your commute

( Departing today at 8:00am )
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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!

Prompt Communicator

I will personally answer your calls, emails, text messages and all inquiries with a fast response.

On-Time Guarantee

From showings to closing; I know that your time is valuable and our agents and staff will always strive to never keep you waiting.

Knowledge Beyond Sales

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

Experience Is Key

Licensed Real Estate Agent, I have the experience to solve problems that arise and the know how to avoid major pitfalls



Realty Executives Associates is a licensed Tennessee Real Estate Firm. Firm License #213347. Some or all of the Listing Displayed on this Site may not belong to Realty Executives Associates. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.