Brick Multi-Family Property with Separate
108 N Knob Creek Rd, Seymour, TN 37865
- Added:
- May 21, 2026
- Days on Market:
- 21
- Last Refresh:
- Jun 10 at 3:06 am
Property Features for 108 N Knob Creek Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Appliances
- Dishwasher, Microwave, Refrigerator
- Standard status
- Active
- APN
- 045 152.00
- Size
- 3,417 SF
Taxes and HOA fees
- Tax Annual Amount
- 614
Utilities
- Heating system
- Natural Gas, Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1960
- Number of units
- 3
- Flooring type
- Tile, Hardwood, Carpet, Parquet Wood, Laminate, Vinyl
- Building materials
- Vinyl Siding, Brick, Frame
- Roof type
- Asphalt
Listing agent Dustin R Weaver (865) 382-4921
Listing office Keller Williams Realty 8550 Kingston Pike, Knoxville, TN (865) 694-5904
Listing date May 21, 2026
MLS# 1341830
Listing URL
Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Multi‑family investment property at 104 & 108 N Knob Creek Rd in Seymour with 3 potential income‑producing units on one lot
- Brick home with kitchens on both main level and basement for flexible living or rental setups
- Brick portion includes 2 electrical meters and 1 water meter, plus two septic tanks
- Double wide home has its own water meter, electric meter, and separate septic system
- Year built 1960 with central heating and central air, plus ceiling fans
- Off‑street parking and covered porch; asphalt shingle roof
Overview
This for-sale multi-family property includes two connected addresses, 104 and 108 N Knob Creek Rd in Seymour. The brick home offers a flexible interior setup with a kitchen on both the main level and in the basement, supporting multiple living or rental configurations within the same structure.
The brick portion is equipped with two electrical meters, one water meter, and two septic tanks. In addition, the double wide home has its own water meter, electric meter, and a separate septic system, creating an additional separate housing unit option on the same property.
The property does need some work, primarily in the basement unit of the brick home, and it has been priced accordingly. For buyers seeking a small multi-family arrangement, the combination of main-level and basement kitchen layouts, along with separate utility services for each home, can support different occupancy or rental strategies within a manageable footprint. Whether you’re planning for separate tenants across the brick home and double wide, or evaluating a multi-generational style use, the utility separation and kitchen availability are the key functional features to consider.
The brick portion is equipped with two electrical meters, one water meter, and two septic tanks. In addition, the double wide home has its own water meter, electric meter, and a separate septic system, creating an additional separate housing unit option on the same property.
The property does need some work, primarily in the basement unit of the brick home, and it has been priced accordingly. For buyers seeking a small multi-family arrangement, the combination of main-level and basement kitchen layouts, along with separate utility services for each home, can support different occupancy or rental strategies within a manageable footprint. Whether you’re planning for separate tenants across the brick home and double wide, or evaluating a multi-generational style use, the utility separation and kitchen availability are the key functional features to consider.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.3k | $15.00 |
| − Vacancy | −$5.1k | −$1.50 |
| EGI | $46.1k | $13.50 |
| − OpEx | −$20.8k | −$6.08 |
| NOI | $25.4k | $7.43 |
3,417 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$362.4K
$317.1K – $422.9K
NOI $25,371 @ 7.0% cap · market cap 7.25%
Second Best
Multifamily LT 5
$266.4K
$233.1K – $310.8K
NOI $18,645 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,870 @ 7.0% cap · market cap 28.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Seymour
- County
- Sevier
- State
- Tennessee
- Longitude
- -83.761268
- Latitude
- 35.868247
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Two structures on one property provide three potential income units with separate utility services and septic systems.
Where is this triplex located?
The property is located at 108 N Knob Creek Rd Seymour, TN.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Multi‑family investment property at 104 & 108 N Knob Creek Rd in Seymour with 3 potential income‑producing units on one lot; Brick home with kitchens on both main level and basement for flexible living or rental setups; Brick portion includes 2 electrical meters and 1 water meter, plus two septic tanks
