5610 Jacksboro Pike, Knoxville, TN 37918
New
$565,000
Property Type:
Multi-Family
Square Footage:
3,132
Lot Size (sq. ft.):
11,718
Status:
Active
Current Price:
$565,000
List Date:
5/01/2025
Last Modified:
5/01/2025
Description
Attention investors! This income producing property nets approximately $40,000 per year. It has been fully renovated and is ready for its new owner. This 4 Plex is centrally located in the Fountain City community just minutes from Central High school and local restaurants and shopping. Only 5.6 miles from Downtown Knoxville, the brand new Covenant Health Park (Smokies Stadium), University of TN, and Market Square! This location makes for an optimal investment. All four units are 2 bedrooms and 1 bath. All units have also been renovated with fresh paint, new flooring, kitchens, bathrooms and more. Each unit includes it's own hvac and laundry hook ups. Property accommodates ample parking for tenants.
More Information MLS# 1299421
Location Tax Legal Info
House #: 5610
Street Name: Jacksboro
St Suffix: Pike
State/Province: TN
Zip Code: 37918
PIN #: 048MB003
Subdivision: W E Griffith Prop
Geo Lat: 36.047649
Geo Lon: -83.923617
Contract Info
Auction Y/N: No
Listing Price: 565000
Current Price: $565,000
Status: Active
Listing Date: 2025-05-01
General Property Description
SqFt - Total (Aprox): 3132
Lot Dimensions: 60M X 206 X IRR
Lot Size SqFt: 11718
Number of Units: 4
# Units Leased: 3
Utilities/Mo Avg: 300
Year Built: 1967
Property Status: N/A
Driveway: shared
Status Change Info
Status Change Date: 2025-05-01
IncomeExpenses
Net Operating Income: 38742
Property Features
Property Sub-Type: Four Plex
Type of Units: 2 Bedroom Unit
Sale Includes: Building and Land
Floors: Laminate
Tenant Expenses: Electricity; Gas; Telephone
Owner Expenses: Exterior Maintenance; Lawn Maintenance; Roof Maintenance; Trash Collection; Water
Fuel: Electric
Heat: Central
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Refrigerator; Smoke Detector
Construction: Frame - Brick
Roof: Shingle
Siding: Brick
Exterior Features: Balcony
Misc Features: Walk-in Shower; Washer/Dryer Connect
Other Rooms: Bedroom Main Level
Miscellaneous: Balcony; Washer/Dryer Cnctns
New Financing: Cash; Conventional
Showing: See Agent Instructns
Listing Office: Keller Williams Realty
Office Phone: 865-694-5904
Last Updated: May - 01 - 2025
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