UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,512 sqft
Price per Sqft $224
MLS Listing ID 1291374
Year Built 1899
Lot Dimensions 75x130
Source East Tennessee REALTORS® MLS
Property Description
Welcome to 311 Silver Place, a beautifully converted Victorian-era home now operating as a seven-unit apartment building in the heart of Knoxville, TN. This historic gem, originally built in 1899, seamlessly blends classic architecture with modern functionality, making it an exceptional investment opportunity.
Property Highlights:
Multi-Family Investment: This 7-unit apartment building offers a diverse unit mix to attract a variety of tenants.
Unit Breakdown:
(3) One-bedroom, one-bath units
(2) Two-bedroom, one-bath units
(2) Efficiency units
Total Living Space: 4,512 sq. ft., thoughtfully designed to maximize comfort and rental potential.
Historic Character: Retaining much of its original Victorian charm, this building features intricate architectural details, high ceilings, and timeless appeal.
Investment Potential:
Sales Price: $1,260,000 ($180,000 per unit)
Steady Cash Flow: A turnkey multi-family opportunity with strong rental demand.
Prime Location: Located in Knoxville's thriving 37917 ZIP code, just minutes from downtown, major employers, and entertainment hubs.
Originally a grand Victorian home, this property has been expertly converted into a fully functional multi-family asset, offering a rare blend of history, charm, and financial upside. Don't miss this chance to own a piece of Knoxville's history while securing a strong income-producing property.
📞 Contact us today to schedule a private tour or request more details!
Location
State TN
County Knox County - 1
Rooms
Other Rooms Foyer
Interior
Heating Central, Natural Gas, Electric
Cooling Central Cooling
Flooring Hardwood, Vinyl, Tile
Heat Source Central, Natural Gas, Electric
Exterior
Parking Features On-Street Parking, Off-Street Parking, On Premise Parking
Garage Description On-Street Parking, Off-Street Parking, On Premise Parking
Roof Type Metal
Garage No
Building
Faces GPS to 311 Silver Place 37917
Structure Type Block,Frame
Others
Tax ID 081MS014
Energy Description Electric, Gas(Natural)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
