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: $597,000

Property Details for ID: 1299265



SqFt: 2,688
Price SqFt: $222
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Pending - Continue to Show - Financing
Property Type: MultiFamily
On Market Date: 2025-04-30T15:57:40Z

Public Remarks: ****4-PLEX Residential Property for sale!**** Located in beautiful Knoxville Tennessee right in the heart of a shopping and dining district. Four separate units, all 1 Bedroom 1 Bath units having 672 SF of living space per unit. Each unit has separate entries and designated parking. Units have appliances including Refrigerator, Oven/cooktop, microwave, 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 $48,000 annually with approximately $6000.00 in operating expenses with a net annual cashflow income of $42,000 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): 2,688
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: 48,000
Annual Operating Expenses: 6,115
Net Operating Income: 42,000

  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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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!

Marketing Expertise

My marketing expertise will help to make sure that the pictures, public description and website distribution channels will draw potential buyers to your home.

Professional

I Believe that everyone should be treated with the upmost of respect and professionalism combined with the highest level of service.

You Are Valued

I recognize that we are partners with our clients and as such, I strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.

Full-Time Access

My buyers and sellers have my personal cell phone number and can reach me on a full-time basis.



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.