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
...
(Read more)
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.
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.
LBPD ›