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!

407 W Wheeler St, Rockwood, 37854

Priced At: $1,600,000

Property Details for ID: 1304363



SqFt: 12,921
Price SqFt: $124
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-06-11T21:11:44Z

Public Remarks: This portfolio features 16 units with 11 single family rental homes, two duplexes, and one mobile home. The property brings in gross monthly rents of $12,904, but with two vacancies the potential gross monthly rent is $14,525. The properties are located across Harriman and Rockwood with easy access to various retailers and amenities. Tenants pay all utilities at the properties. Recent cap ex has been completed at all properties including new flooring, paint, HVACs, roofs, kitchens, bathrooms, and more. Addresses: 110 Noland Lane, 210 Barnett Cir, 210 Clinton St, 212 Clinton St, 265 Morning Dr, 407 W Wheeler St, 501 W Rockwood St, 516 Sheldon Dr, 518 Sheldon Dr - Mobile Home, 521 N Chamberlain Ave, 525 Sewanee St, 530 Sewanee Street - Duplex, 619 S Patton Ave, 919-921 Unaka St - Duplex,

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1919
SqFt (Total): 12,921
Sub-Type: Duplex, House Converted
Sale Includes: Building and Land
Unit Type(s): 1 Bedroom Unit, 2 Bedroom Unit, 3 or more Bdrm Units

  Exterior Features

Construction: Frame

  Appliances

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate, Vinyl
Other Rooms: Other

  Property Details

Utilities

Fuel Types: Other Fuel

Financing

Finance Options: Cash, Conventional, New Loan

  HOA Information

Heating & Cooling

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

Garage / Parking

On Premise Parking

  Community Features

Outbuildings

Presented By: / SVN I Wood Properties

Up Coming Open Houses

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

Directions

From I-40 take Exit 329 Crab Orchard, then turn left on Bat Town Road, then stay straight to go onto Market Street, then first right onto Hwy 70, then in approx 12 miles Turn left onto S Gateway Ave, Then 2.02 miles Turn left onto E Wheeler St., home is on left.



Your commute

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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!

Skilled Negotiator

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

Full-Time Access

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

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.

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.