2816 NE Colt Drive, Knoxville, TN 37918
New
$595,000
Property Type:
Multi-Family
Square Footage:
4,773
Lot Size (sq. ft.):
15,982
Status:
Active
Current Price:
$595,000
List Date:
6/04/2026
Last Modified:
6/08/2026
Listing Details MLS# 1343372
Location Tax Legal Info
- House #
- 2816
- St Dir
- NE
- Street Name
- Colt
- St Suffix
- Drive
- State/Province
- TN
- Zip Code
- 37918
- PIN #
- 048KC001
- Subdivision
- Rifle Range Estates Sub Unit 1
Contract Info
- Auction Y/N
- No
- Listing Price
- 595000
General Property Description
- SqFt - Total (Aprox)
- 4773
- Lot Dimensions
- IRR
- Lot Size SqFt
- 15982.34
- Number of Units
- 4
- # Units Leased
- 4
- Year Built
- 1974
- Property Status
- N/A
- Restrictions
- Yes
- Driveway
- Yes
- Utilities/Mo Avg
- 0
Status Change Info
- Status Change Date
- 2026-06-04
Location, Tax & Legal Info
- Area
- Knox County - 1
- City/County Code
- County
- Elementary School
- Adrian Burnett
- Middle School
- Halls
- Total Tax
- 2145.14
- High School
- Halls
Remarks & Misc
- Directions
- From I-75 N, take the exit onto Merchants Dr. Turn right onto Merchants Dr. Turn right onto Dry Gap Pike. Take a slight right onto Rifle Range Dr. Turn left onto Luger Rd. Turn left onto Colt Dr NE. Property on left.
- Public Remarks
- *MULTIPLE OFFERS RECEIVED* HIGHEST AND BEST DUE WEDNESDAY JUNE 10 AT 8AM, RESPONSE TIME OF THURSDAY JUNE 11 AT 5PM. SELLER ALSO HAS 2828 NE COLT DR FOR SALE WITH MULTIPLE OFFERS (MLS# 1343358) Rare opportunity to acquire a fully occupied multifamily asset in the growing Halls market with immediate income and future upside potential! This 4-plex at 2816 Colt Drive is currently 100% occupied with all four units leased on month-to-month agreements, offering flexibility for future rent adjustments and management strategies. The property consists of four spacious 2-bedroom, 1.5-bath units, each designed for comfortable everyday living. All units include washer and dryer hookups and feature their own private utility/laundry room located at the rear of the building, providing added convenience and storage for tenants. Tenants pay their own utilities, while the owner maintains the grounds, creating an efficient management structure. Situated on a quiet dead-end street, the property offers ample on-site parking and a peaceful setting while remaining conveniently close to everyday amenities. Its desirable location just off North Broadway in the Halls community places residents minutes from major restaurants, grocery stores, parks, ball fields, schools, and other conveniences. Downtown Knoxville is only 12 minutes away, making this an attractive location for tenants seeking both accessibility and a neighborhood feel. Whether you're expanding an existing portfolio or seeking a turnkey investment property with stable occupancy, this income-producing asset offers a compelling opportunity in one of Knoxville's most convenient and established rental markets.
More Information
Property Sub-Type
- Four Plex
- Yes
Construction
- Frame - Brick
- Yes
Type of Units
- 2 Bedroom Unit
- Yes
- Townhouse
- Yes
- Unfurnished
- Yes
Siding
- Brick
- Yes
Sale Includes
- Building and Land
- Yes
- No Furnishings
- Yes
Miscellaneous
- Porch
- Yes
- Utility Room
- Yes
- Washer/Dryer Cnctns
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Window Unit(s)
- Yes
Floors
- Carpet
- Yes
- Vinyl
- Yes
Garage/Parking
- Off-Street Parking
- Yes
- On Premise Parking
- Yes
Tenant Expenses
- Cooling
- Yes
- Electricity
- Yes
- Heating
- Yes
- Sewer
- Yes
- Telephone
- Yes
- Tenant Pays All Util
- Yes
- Trash Collection
- Yes
- Water
- Yes
Owner Expenses
- Advertising
- Yes
- Common Area Maintenance
- Yes
- Insurance
- Yes
- Lawn Maintenance
- Yes
- Roof Maintenance
- Yes
- Taxes
- Yes
Fuel
- Electric
- Yes
Heat
- Central
- Yes
- Heat Pump
- Yes
Appliances
- Dishwasher
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Smoke Detector
- Yes
Other Rooms
- Separate Dining Room
- Yes
Roof
- Metal
- Yes
Exterior Features
- Doors - Storm
- Yes
- Porch - Covered
- Yes
- Windows - Aluminum
- Yes
Misc Features
- Internet Available
- Yes
- Pantry
- Yes
- Washer/Dryer Connect
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Four Plex
Type of Units:
2 Bedroom Unit; Townhouse; Unfurnished
Sale Includes:
Building and Land; No Furnishings
Floors:
Carpet; Vinyl
Tenant Expenses:
Electricity; Sewer; Telephone; Tenant Pays All Util; Trash Collection; Water
Owner Expenses:
Advertising; Common Area Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes
Fuel:
Electric
Heat:
Central; Heat Pump
Cooling:
Ceiling Fan(s); Window Unit(s)
Appliances:
Dishwasher; Range; Refrigerator; Smoke Detector
Construction:
Frame - Brick
Roof:
Metal
Siding:
Brick
Exterior Features:
Doors - Storm; Porch - Covered; Windows - Aluminum
Misc Features:
Internet Available; Pantry; Washer/Dryer Connect
Other Rooms:
Separate Dining Room
Miscellaneous:
Porch; Utility Room; Washer/Dryer Cnctns
New Financing:
Cash; Conventional
Showing:
See Agent Instructns
IDX
Listing Office:
Realty Executives Associates
Last Updated: June - 08 - 2026
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
consumers may be interested in purchasing, and that the data is deemed reliable but
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