501 Cherry Ave, New Tazewell, TN 37825
$240,000
Property Type:
Multi-Family
Status:
Closed
Current Price:
$240,000
List Date:
4/11/2021
Last Modified:
6/08/2026
Overview
Description
Listing Details MLS# 1148785
Location Tax Legal Info
- House #
- 501
- Street Name
- Cherry
- St Suffix
- Ave
- State/Province
- TN
- Zip Code
- 37825
- PIN #
- 095J B 029.00 000
Contract Info
- Auction Y/N
- No
- Listing Price
- 249000
General Property Description
- Lot Dimensions
- 60x175IRR
- Number of Units
- 6
- # Units Leased
- 6
- Utilities/Mo Avg
- 130
- Year Built
- 1945
- Property Status
- N/A
- Driveway
- Paved
- Lease Information
- Each Unit Is On A Month to Month Lease 5 Units are 1Bd 1Ba 1 Unit is a 2Bd-1Ba
Status Change Info
- Status Change Date
- 2021-06-26
- Under Contract Date
- 2021-05-13
- Sold Date
- 2021-06-25
Location, Tax & Legal Info
- Area
- Claiborne County - 44
- City/County Code
- City Limits
- Elementary School
- Tazewell-New Tazewell
- Middle School
- Soldiers Memorial
- Total Tax
- 1480.63
- High School
- Claiborne County
Remarks & Misc
- Directions
- From the Cumberland Gap Pkwy Go to N Broad St Turn left onto Cherry Ave Arrive at Cherry Ave
- Public Remarks
- Income Producing Property! This 6unit apartment complex is in the heart of the town... close to schools, shopping, restaurant and medical services. This property has city water and city sewer, all appliances included, washer and dryer hookup in each unit. This is a great investment opportunity right now, with a high demand for housing in this area!!!
More Information
Property Sub-Type
- Apartment
- Yes
- Five or Six Plex
- Yes
- House Converted
- Yes
Construction
- Frame
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
- 2 Bedroom Unit
- Yes
- Handicap
- Yes
- Unfurnished
- Yes
Siding
- Vinyl
- Yes
Sale Includes
- Building and Land
- Yes
- No Furnishings
- Yes
Cooling
- Window Unit(s)
- Yes
Floors
- Carpet
- Yes
- Laminate
- Yes
- Tile
- Yes
- Vinyl
- Yes
Garage/Parking
- Off-Street Parking
- Yes
- On Premise Parking
- Yes
Tenant Expenses
- Electricity
- Yes
- Trash Collection
- Yes
Owner Expenses
- Advertising
- Yes
- Common Area Maintenance
- Yes
- Exterior Maintenance
- Yes
- HVAC Maintenance
- Yes
- Insurance
- Yes
- Lawn Maintenance
- Yes
- Roof Maintenance
- Yes
- Sewer
- Yes
- Water
- Yes
Fuel
- Electric
- Yes
Heat
- Baseboard
- Yes
Appliances
- Range
- Yes
- Refrigerator
- Yes
- Smoke Detector
- Yes
Other Rooms
- Other
- Yes
Roof
- Shingle
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Property Features
Property Sub-Type:
Apartment; Five or Six Plex; House Converted
Type of Units:
1 Bedroom Unit; 2 Bedroom Unit; Handicap; Unfurnished
Sale Includes:
Building and Land; No Furnishings
Floors:
Carpet; Laminate; Tile; Vinyl
Tenant Expenses:
Electricity; Trash Collection
Owner Expenses:
Advertising; Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Sewer; Water
Fuel:
Electric
Heat:
Baseboard
Cooling:
Window Unit(s)
Appliances:
Range; Refrigerator; Smoke Detector
Construction:
Frame
Roof:
Shingle
Siding:
Vinyl
Other Rooms:
Other
New Financing:
Cash; Conventional
IDX
Listing Office:
Turn Key Realty
Last Updated: June - 08 - 2026
Broker Attribution:
423-869-5111
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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