5013 Willoway Drive, Knoxville, TN 37912
New Listing
$435,000
Property Type:
Multi-Family
Square Footage:
3,254
Lot Size (sq. ft.):
21,780
Status:
Active
Current Price:
$435,000
List Date:
1/29/2026
Last Modified:
1/29/2026
Description
Attention investors! Incredible opportunity to own a 5-unit income-producing property in Knoxville. This property features a 2,700 sq ft all-brick fourplex plus a detached single-family home, offering immediate cash flow with value-add potential.The fourplex (built in 1977) includes four 1-bedroom, 1-bath units, all fully leased at $900/month per unit. The building offers ample parking, brick exterior, and great location.The detached single-family home (built in 1944) offers 1 bedroom, 1 bath, approx. 550 sq ft, and is currently leased at $850/month. The home needs work, presenting an excellent opportunity to increase value. Each unit is individually metered for electric, water, and sewer. Tenants pay all utilities. Strong rental history and consistent income make this an excellent addition to any investment portfolio.Property is being sold As-Is.
More Information MLS# 1327933
Location, Tax & Legal Info
Area: Knox County - 1
City/County Code: City Limits
Elementary School: Inskip
Middle School: Gresham
Total Tax: 3682.15
High School: Central
Contract Info
Auction Y/N: No
Listing Price: 435000
Current Price: $435,000
Status: Active
Listing Date: 2026-01-29
General Property Description
Total Unfinished SqFt: 0
Lot Dimensions: 204x100xirr
Lot Size SqFt: 21780
# Units Leased: 5
Restrictions: No
Property Status: N/A
Driveway: yes
Lease Information: 4-plex all leased
house leased but needs a lot of work
SqFt - Total (Aprox): 3254
Number of Units: 5
Year Built: 1944
Remarks & Misc
Directions: I75 N to Merchants Dr, Take Right and continue on Cedar Ln, R/Willoway Dr, property on right.
Public Remarks: Attention investors! Incredible opportunity to own a 5-unit income-producing property in Knoxville. This property features a 2,700 sq ft all-brick fourplex plus a detached single-family home, offering immediate cash flow with value-add potential.The fourplex (built in 1977) includes four 1-bedroom, 1-bath units, all fully leased at $900/month per unit. The building offers ample parking, brick exterior, and great location.The detached single-family home (built in 1944) offers 1 bedroom, 1 bath, approx. 550 sq ft, and is currently leased at $850/month. The home needs work, presenting an excellent opportunity to increase value. Each unit is individually metered for electric, water, and sewer. Tenants pay all utilities. Strong rental history and consistent income make this an excellent addition to any investment portfolio.Property is being sold As-Is.
Property Sub-Type
Five or Six Plex: 1
Four Plex: 1
Other: 1
Construction
Block: 1
Frame - Brick: 1
Other: 1
Type of Units
1 Bedroom Unit: 1
Siding
Brick: 1
Other: 1
Sale Includes
Building and Land: 1
Other: 1
Cooling
Central Cooling: 1
Window Unit(s): 1
Floors
Carpet: 1
Other: 1
Garage/Parking
Off-Street Parking: 1
Tenant Expenses
Sewer: 1
Telephone: 1
Tenant Pays All Util: 1
Owner Expenses
Common Area Maintenance: 1
Exterior Maintenance: 1
HVAC Maintenance: 1
Insurance: 1
Lawn Maintenance: 1
Leasing Fees: 1
Roof Maintenance: 1
Taxes: 1
Trash Collection: 1
Fuel
Electric: 1
Heat
Baseboard: 1
Central: 1
Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Smoke Detector: 1
Other Rooms
Bedroom Main Level: 1
Roof
Shingle: 1
Misc Features
Internet Available: 1
New Financing
Cash: 1
Conventional: 1
New Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 5013
Street Name: Willoway
St Suffix: Drive
State/Province: TN
Zip Code: 37912
PIN #: 069AA020
Subdivision: Ira L Delapp Addn
Geo Lat: 36.018919
Geo Lon: -83.960539
Status Change Info
Status Change Date: 2026-01-29
Property Features
Property Sub-Type: Five or Six Plex; Four Plex; Other
Type of Units: 1 Bedroom Unit
Sale Includes: Building and Land; Other
Floors: Carpet; Other
Tenant Expenses: Sewer; Telephone; Tenant Pays All Util
Owner Expenses: Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Leasing Fees; Roof Maintenance; Taxes; Trash Collection
Fuel: Electric
Heat: Baseboard; Central
Cooling: Central Cooling; Window Unit(s)
Appliances: Dishwasher; Range; Refrigerator; Smoke Detector
Construction: Block; Frame - Brick; Other
Roof: Shingle
Siding: Brick; Other
Misc Features: Internet Available
Other Rooms: Bedroom Main Level
New Financing: Cash; Conventional; New Loan
Showing: See Agent Instructns
Listing Office:
Keller Williams Signature
IDX
Office Phone: 865-588-9300
Last Updated: January - 29 - 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.
IDX information is provided exclusively for consumers' personal, non-commercial use,
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
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
