814 Midway Rd, Strawberry Plains, TN 37871

New
$750,000
Property Type: Multi-Family Square Footage: 4,280 Lot Size (sq. ft.): 74,052 Status: Active
Current Price: $750,000 List Date: 6/07/2026 Last Modified: 6/07/2026

Overview

Description

Exceptional Income-Producing Property on 1.7 Unrestricted Acres - 5 Rental Units Total! Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential. The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately 900 square feet of living space. Three units feature 2 bedrooms and 1 bathroom, while the fourth unit offers 1 bedroom and 1 bathroom. All units have been tastefully renovated and include private porches for tenants to enjoy. Additional amenities include an on-site coin-operated laundry facility, an 8x12 storage shed, and a durable metal roof that is only five years old. Adding even more value, the property includes a separate 680-square-foot single-family residence featuring 2 ...

Listing Details MLS# 1343794

Location Tax Legal Info

House #
814
Street Name
Midway
St Suffix
Rd
State/Province
TN
Zip Code
37871
PIN #
074 10201

Contract Info

Auction Y/N
No
Listing Price
750000

General Property Description

SqFt - Total (Aprox)
4280
Lot Size SqFt
74052
Number of Units
5
# Units Leased
5
Year Built
1967
Property Status
N/A
Restrictions
No
Driveway
Yes
Lot Dimensions
No
Utilities/Mo Avg
0

Status Change Info

Status Change Date
2026-06-07

Location, Tax & Legal Info

Area
Knox County - 1
City/County Code
County
Elementary School
Carter
Middle School
Carter
Total Tax
1969.23
High School
Carter

Remarks & Misc

Directions
From downtown Knoxville take I-40 E to exit 402 Midway Rd , Turn left onto Midway Road, property on right. No sign on property.
Public Remarks
Exceptional Income-Producing Property on 1.7 Unrestricted Acres - 5 Rental Units Total! Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential. The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately 900 square feet of living space. Three units feature 2 bedrooms and 1 bathroom, while the fourth unit offers 1 bedroom and 1 bathroom. All units have been tastefully renovated and include private porches for tenants to enjoy. Additional amenities include an on-site coin-operated laundry facility, an 8x12 storage shed, and a durable metal roof that is only five years old. Adding even more value, the property includes a separate 680-square-foot single-family residence featuring 2 bedrooms, 1 bathroom, a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is also located next to the home. Tenants and owners alike will appreciate the property's unique custom-built pickleball court, providing a highly desirable recreational amenity rarely found in investment properties. Conveniently located just 20 minutes from Knoxville, 15 minutes from Sevierville, 30 minutes from Gatlinburg, and only minutes from shopping, dining, entertainment, and interstate access, this property combines strong rental demand with exceptional location benefits. Whether you're looking to expand your investment portfolio or secure a high-performing income property, this one-of-a-kind opportunity delivers multiple income streams, recent updates, and unlimited potential with no restrictions.

More Information

Property Sub-Type

Four Plex
Yes
Other
Yes

Construction

Frame - Brick
Yes
Steel
Yes

Type of Units

1 Bedroom Unit
Yes
2 Bedroom Unit
Yes
Other
Yes

Siding

Brick
Yes
Stone
Yes
Vinyl
Yes

Sale Includes

Building and Land
Yes

Miscellaneous

Coin Laundry
Yes
Patio
Yes
Porch
Yes
Storage Space
Yes
Tennis Court
Yes

Cooling

Central Cooling
Yes

Floors

Laminate
Yes

Garage/Parking

Garage Spaces
3
Carport
Yes
Detached
Yes
Individual Carports
Yes
On Premise Parking
Yes

Tenant Expenses

Electricity
Yes

Owner Expenses

Exterior Maintenance
Yes
HVAC Maintenance
Yes
Insurance
Yes
Lawn Maintenance
Yes
Roof Maintenance
Yes
Taxes
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Appliances

Range
Yes
Refrigerator
Yes
Smoke Detector
Yes

Other Rooms

Family Room
Yes

Roof

Metal
Yes

Exterior Features

Balcony
Yes
Cable Available (TV Only)
Yes
Doors - Storm
Yes
Patio
Yes
Shed
Yes
Windows - Insulated
Yes

Misc Features

Internet Available
Yes
Pantry
Yes
Walk-in Shower
Yes
Walk-In Closet(s)
Yes
Washer/Dryer Connect
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes
VA Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Four Plex; Other Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; Other Sale Includes: Building and Land Floors: Laminate Tenant Expenses: Electricity Owner Expenses: Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Range; Refrigerator; Smoke Detector Construction: Frame - Brick; Steel Roof: Metal Siding: Brick; Stone; Vinyl Exterior Features: Balcony; Cable Available (TV Only); Doors - Storm; Patio; Shed; Windows - Insulated Misc Features: Internet Available; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect Other Rooms: Family Room Miscellaneous: Coin Laundry; Patio; Porch; Storage Space; Tennis Court New Financing: Cash; Conventional; New Loan; VA Loan Showing: See Agent Instructns

Documents

IDX
Listing Office: Wallace Jennifer Scates Group
Last Updated: June - 07 - 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.