311 Silver PL, Knoxville, TN 37917
311 Silver PL, Knoxville, TN 37917
311 Silver PL, Knoxville, TN 37917
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$999,950
Est. payment /mo
5,626 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,626 sqft

Price per Sqft $177

Subdivision Cullen Prop Pt 11

MLS Listing ID 1319536

Year Built 1899

Lot Dimensions 75 x 131

Source East Tennessee REALTORS® MLS

Property Description

Well-located 7-unit multifamily opportunity in North Knoxville, recently taken over following foreclosure and management transition. Current ownership has completed roster cleanup, implemented a revised rent structure that includes a built-in water/sewer offset, and is actively refilling vacant units.

All units are operated as long-term rentals; no short-term rental income is assumed or required. This asset is best suited for a hands-on owner-operator seeking to complete lease-up and maximize cash flow through self-management and operational efficiency.

Utilities are individually metered where applicable, with owner covering common utilities and water/sewer. Income and expense figures reflect projected stabilized operations based on market-supported rents. Buyer to verify all information and perform independent due diligence.

Located just minutes from Downtown Knoxville, UT, major employers, and local entertainment districts.

Property built before 1978 may contain lead-based paint.

Zoned RN-4

Location

State TN

County Knox County - 1

Rooms

Other Rooms Foyer, Mstr Bedroom Main Level

Interior

Heating Central, Electric

Cooling Central Cooling, Ceiling Fan(s)

Flooring Hardwood, Vinyl

Appliance Range, Refrigerator

Heat Source Central, Electric

Exterior

Exterior Feature Porch - Covered

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 FROM Broadway SW (US-441): Go for 1.1 mi. Turn left onto Caswell Ave NE. Go for 328 ft. Turn slightly left onto Irwin St. Go for 98 ft. Turn right onto Cullen Pl. Go for 200 ft.

Structure Type Vinyl Siding,Frame,Other

Others

Restrictions No

Tax ID 081MS014

Energy Description Electric

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional

Virtual Tour https://www.homes.com/property/311-silver-place-knoxville-tn/x0fzspkk2f04k/?dk=tte5cxp1rjx21


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Listed by Pace Probity Asset Management

NEARBY SCHOOLS & PROPERTIES

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311 Silver PL