2728 Davenport Rd, Knoxville, TN 37920
$1,250,000
Property Type:
Multi-Family
Square Footage:
10,128
Lot Size (sq. ft.):
34,669
Status:
Closed
Current Price:
$1,250,000
List Date:
2/05/2023
Last Modified:
8/14/2023
Overview
Description
SOUTH KNOX OPPORTUNITY - HUGE CORNER LOT - 7 CAP!
Rare opportunity in the hot South Knox waterfront market, just blocks from the Urban Wilderness, Ijams, Suttrees waterfront park, University of TN & downtown Knoxville. Property consists of two buildings. First one built in 1915. Second one built in 1976. One unit is being kept vacant for ease of showing and one unit is in need of a complete rehab includind kitchen and bathroom.
Listing Details MLS# 1217315
Location Tax Legal Info
- House #
- 2728
- Street Name
- Davenport
- St Suffix
- Rd
- State/Province
- TN
- Zip Code
- 37920
- PIN #
- 109BH022
Contract Info
- Auction Y/N
- No
- Listing Price
- 1350000
General Property Description
- SqFt - Total (Aprox)
- 10128
- Lot Dimensions
- 150x250xirreg
- Lot Size SqFt
- 34669
- Number of Units
- 16
- # Units Leased
- 14
- Utilities/Mo Avg
- 1000
- Year Built
- 1915
- Property Status
- N/A
- Driveway
- Paved
- Lease Information
- 15 One Bedroom Units $625-$975 1 Two Bedroom Unit $950
Status Change Info
- Status Change Date
- 2023-05-11
- Under Contract Date
- 2023-02-06
- Sold Date
- 2023-05-11
IncomeExpenses
- Net Operating Income
- 96675
Location, Tax & Legal Info
- Area
- Knox County - 1
- City/County Code
- City Limits
- Total Tax
- 8325
More Information
Remarks & Misc
- Directions
- From downtown, take the Henley St bridge across the river, turn left at Blount Ave, bear right on Sevier Ave and right on Davenport. Property will be on the left just over the top of the hill at the NE corner of Crescent Ave & Davenport.
- Public Remarks
- SOUTH KNOX OPPORTUNITY - HUGE CORNER LOT - 7 CAP! Rare opportunity in the hot South Knox waterfront market, just blocks from the Urban Wilderness, Ijams, Suttrees waterfront park, University of TN & downtown Knoxville. Property consists of two buildings. First one built in 1915. Second one built in 1976. One unit is being kept vacant for ease of showing and one unit is in need of a complete rehab includind kitchen and bathroom.
Income/Expenses
- Gross Annual Income
- 172200
- Annual Oper Expenses
- 66925
Property Sub-Type
- Apartment
- Yes
Construction
- Frame
- Yes
- Other
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
- 2 Bedroom Unit
- Yes
- Garden
- Yes
- Unfurnished
- Yes
Siding
- Stucco
- Yes
Sale Includes
- Building and Land
- Yes
Miscellaneous
- Balcony
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Tile
- Yes
- Vinyl
- Yes
- Other
- Yes
Garage/Parking
- On Premise Parking
- Yes
Tenant Expenses
- Electricity
- Yes
- Heating
- Yes
Owner Expenses
- Insurance
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Fuel
- Electric
- Yes
Heat
- Central
- Yes
Appliances
- Range
- Yes
- Refrigerator
- Yes
Other Rooms
- Other
- Yes
Roof
- Metal
- Yes
Exterior Features
- Balcony
- Yes
- Patio
- Yes
Misc Features
- None
- Yes
New Financing
- Cash
- Yes
- New Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Apartment
Type of Units:
1 Bedroom Unit; 2 Bedroom Unit; Garden; Unfurnished
Sale Includes:
Building and Land
Floors:
Tile; Vinyl; Other
Tenant Expenses:
Electricity
Owner Expenses:
Insurance; Sewer; Taxes; Trash Collection; Water
Fuel:
Electric
Heat:
Central
Cooling:
Central Cooling
Appliances:
Range; Refrigerator
Construction:
Frame; Other
Roof:
Metal
Siding:
Stucco
Exterior Features:
Balcony; Patio
Misc Features:
None
Other Rooms:
Other
Miscellaneous:
Balcony
New Financing:
Cash; New Loan
Showing:
See Agent Instructns
Documents
Property Financials ›
Listing Office:
Goldman Partners Realty, LLC
IDX
Office Phone: 865-444-3240
Last Updated: August - 14 - 2023
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
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it may not be used for any purpose other than to identify prospective properties
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