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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!
903 Luttrell St, Knoxville, 37917
Priced At: $865,000
Property Details for ID: 1330030
SqFt: 5,608
Price SqFt: $154
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-02-20T16:25:06Z
Subdivision: Gills Add
Public Remarks: 4-PLEX NEAR DOWNTOWN KNOXVILLE WITH GREAT SELLER TERMS!!! First time on the market since 2006! Subject to review of buyers credit and financials, seller will consider 10% down and offer to carry at 90% first deed of trust, 3.85% interest, payable $2500 or more/month, balloon 6 years from closing. This 4plex has much of it's original charm with hardwood floors, high ceilings, wood bannisters and doors.The units are very spacious with approx 1400 sq ft that includes plenty of storage and original woodwork. The two upstairs units that are accessed by their private staircases also enjoy rear access to the backyard from their own covered balcony. All units have central HVAC, hardwood floors, washer/dryer connections & tenants pay all utilities. Fourth and Gill is an amazing neigborhood with double wide sidewalks, plenty of parking, excellent access to bike paths, pocket parks, downtown and the Old City. This is an opportunity that rarely comes along.
Schools Information
Sorry, school information is not available for this listing.Building Description
SqFt (Total): 5,608
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Financing
Annual Operating Expenses: 21,766
Net Operating Income: 44,234
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Directions
Take I-40 to Exit 389 and turn South onto Hall of Fame Dr. In 0.2 miles turn Right onto Gill Ave. 4Plex will be on the right at NW corner of Gill Ave and Luttrell St. No Sign on Property. Please don't disturb the residents.
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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!